ST Germain D J Co. Inc. Purchases 2,513 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

ST Germain D J Co. Inc. boosted its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 1.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 189,845 shares of the company’s stock after purchasing an additional 2,513 shares during the quarter. ST Germain D J Co. Inc. owned about 0.18% of Floor & Decor worth $18,928,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its stake in Floor & Decor by 4.3% in the second quarter. Commonwealth Equity Services LLC now owns 3,354 shares of the company’s stock valued at $333,000 after acquiring an additional 138 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of Floor & Decor in the 2nd quarter worth $147,000. American Century Companies Inc. grew its stake in shares of Floor & Decor by 13.9% during the second quarter. American Century Companies Inc. now owns 386,284 shares of the company’s stock worth $38,400,000 after purchasing an additional 47,242 shares during the period. Pecaut & CO. increased its holdings in Floor & Decor by 6.3% in the second quarter. Pecaut & CO. now owns 18,550 shares of the company’s stock valued at $1,844,000 after purchasing an additional 1,100 shares during the last quarter. Finally, Qsemble Capital Management LP boosted its holdings in Floor & Decor by 1,585.8% during the second quarter. Qsemble Capital Management LP now owns 29,012 shares of the company’s stock worth $2,884,000 after buying an additional 27,291 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FND. Telsey Advisory Group reiterated a “market perform” rating and issued a $95.00 target price on shares of Floor & Decor in a report on Monday, November 11th. Piper Sandler dropped their price objective on Floor & Decor from $119.00 to $118.00 and set a “neutral” rating on the stock in a research note on Monday, October 28th. Melius Research began coverage on Floor & Decor in a research note on Monday, September 23rd. They issued a “sell” rating and a $80.00 target price for the company. Wedbush reaffirmed an “outperform” rating and set a $110.00 price target on shares of Floor & Decor in a research report on Friday, October 25th. Finally, Mizuho boosted their price objective on Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Floor & Decor has an average rating of “Hold” and an average target price of $105.21.

Floor & Decor Stock Down 0.2 %

Shares of Floor & Decor stock traded down $0.23 during trading hours on Friday, reaching $95.93. 471,703 shares of the company’s stock were exchanged, compared to its average volume of 1,141,241. The stock has a market cap of $10.29 billion, a P/E ratio of 53.29, a P/E/G ratio of 14.43 and a beta of 1.84. The company has a 50 day moving average of $105.00 and a two-hundred day moving average of $105.27. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. Floor & Decor Holdings, Inc. has a fifty-two week low of $89.06 and a fifty-two week high of $135.67.

Floor & Decor (NYSE:FND) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.06. Floor & Decor had a return on equity of 9.69% and a net margin of 4.45%. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the company earned $0.61 earnings per share. The business’s revenue was up .9% compared to the same quarter last year. On average, sell-side analysts forecast that Floor & Decor Holdings, Inc. will post 1.71 EPS for the current fiscal year.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools; and vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting.