American Century Companies Inc. Lowers Position in Floor & Decor Holdings, Inc. (NYSE:FND)

American Century Companies Inc. trimmed its stake in Floor & Decor Holdings, Inc. (NYSE:FND – Free Report) by 64.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 134,705 shares of the company’s stock after selling 244,883 shares during the period. American Century Companies Inc.’s holdings in [...]

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American Century Companies Inc. trimmed its stake in Floor & Decor Holdings, Inc. ( NYSE:FND – Free Report ) by 64.

5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 134,705 shares of the company’s stock after selling 244,883 shares during the period. American Century Companies Inc.



’s holdings in Floor & Decor were worth $13,430,000 as of its most recent filing with the SEC. Several other large investors have also recently made changes to their positions in the stock. Quarry LP acquired a new position in Floor & Decor in the 3rd quarter valued at about $34,000.

Whipplewood Advisors LLC acquired a new stake in Floor & Decor in the fourth quarter valued at approximately $35,000. Blue Trust Inc. lifted its stake in Floor & Decor by 59.

9% in the fourth quarter. Blue Trust Inc. now owns 443 shares of the company’s stock worth $44,000 after acquiring an additional 166 shares during the last quarter.

Bank of Jackson Hole Trust purchased a new stake in shares of Floor & Decor in the 4th quarter valued at approximately $49,000. Finally, Proficio Capital Partners LLC acquired a new position in shares of Floor & Decor during the fourth quarter worth $49,000. Analyst Upgrades and Downgrades Several research firms have recently issued reports on FND.

JPMorgan Chase & Co. upped their price objective on Floor & Decor from $103.00 to $110.

00 and gave the stock a “neutral” rating in a research report on Monday, February 10th. Barclays raised shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $75.00 to $91.

00 in a report on Wednesday, January 8th. Stifel Nicolaus raised Floor & Decor from a “hold” rating to a “buy” rating and boosted their target price for the company from $100.00 to $110.

00 in a report on Monday, February 24th. Piper Sandler decreased their price target on shares of Floor & Decor from $103.00 to $90.

00 and set a “neutral” rating for the company in a research note on Monday, March 24th. Finally, Wedbush cut shares of Floor & Decor from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $110.00 to $100.

00 in a report on Friday, February 14th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Floor & Decor currently has an average rating of “Hold” and an average target price of $103.

56. Floor & Decor Stock Performance NYSE:FND opened at $79.82 on Wednesday.

The firm’s fifty day simple moving average is $93.49 and its 200-day simple moving average is $102.45.

The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 0.

09. The stock has a market cap of $8.57 billion, a PE ratio of 42.

01, a price-to-earnings-growth ratio of 19.06 and a beta of 1.95.

Floor & Decor Holdings, Inc. has a fifty-two week low of $78.04 and a fifty-two week high of $126.

74. Floor & Decor ( NYSE:FND – Get Free Report ) last issued its earnings results on Thursday, February 20th. The company reported $0.

39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.14.

Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%.

The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.08 billion.

Analysts expect that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current fiscal year. Floor & Decor Company Profile ( Free Report ) Floor & Decor Holdings, Inc engages in the retail of hard surface flooring and related accessories.

It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls. The company was founded by George Vincent West in 2000 and is headquartered in Atlanta, GA.

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