
American Century Companies Inc. cut its stake in Floor & Decor Holdings, Inc. (NYSE:FND – Free Report) by 64.
5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,705 shares of the company’s stock after selling 244,883 shares during the period. American Century Companies Inc.
owned 0.13% of Floor & Decor worth $13,430,000 as of its most recent filing with the Securities & Exchange Commission. Several other large investors also recently bought and sold shares of the stock.
Quarry LP purchased a new position in shares of Floor & Decor in the third quarter worth about $34,000. Whipplewood Advisors LLC purchased a new position in Floor & Decor during the 4th quarter worth approximately $35,000. Blue Trust Inc.
lifted its stake in Floor & Decor by 59.9% during the 4th quarter. Blue Trust Inc.
now owns 443 shares of the company’s stock valued at $44,000 after acquiring an additional 166 shares during the period. Bank of Jackson Hole Trust purchased a new stake in shares of Floor & Decor in the 4th quarter valued at $49,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Floor & Decor in the fourth quarter worth $49,000.
Floor & Decor Price PerformanceFloor & Decor stock opened at $79.82 on Wednesday. The company has a fifty day simple moving average of $93.
49 and a 200-day simple moving average of $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 firm has a market capitalization of $8.57 billion, a price-to-earnings ratio of 42.01, a PEG ratio of 19.
06 and a beta of 1.95. Floor & Decor Holdings, Inc.
has a 52-week low of $78.04 and a 52-week high of $126.74.
Floor & Decor (NYSE:FND – Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.39 earnings per share for the quarter, topping 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 business had revenue of $1.
11 billion for the quarter, compared to analyst estimates of $1.08 billion. On average, equities analysts anticipate that Floor & Decor Holdings, Inc.
will post 2 EPS for the current fiscal year. Analyst Upgrades and DowngradesFND has been the topic of several recent research reports. Piper Sandler lowered their price target on shares of Floor & Decor from $103.
00 to $90.00 and set a “neutral” rating on the stock in a report on Monday, March 24th. Barclays upgraded Floor & Decor from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $75.
00 to $91.00 in a research report on Wednesday, January 8th. Wedbush lowered shares of Floor & Decor from an “outperform” rating to a “neutral” rating and cut their target price for the company from $110.
00 to $100.00 in a report on Friday, February 14th. The Goldman Sachs Group downgraded shares of Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.
00 price target on the stock. in a report on Thursday, January 30th. Finally, Evercore ISI cut their price objective on shares of Floor & Decor from $95.
00 to $90.00 and set an “in-line” rating for the company in a report on Tuesday. 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 company’s stock.
According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $103.56.
View Our Latest Analysis on FNDAbout Floor & Decor (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.See AlsoFive stocks we like better than Floor & DecorDividend Capture Strategy: What You Need to KnowD-Wave: Multiple Use Cases Emerge Following Quantum SupremacyWhere to Find Earnings Call TranscriptsAmazon Falls Back to a Key Support Line: Here’s How to Play ItRetail Stocks Investing, ExplainedBuffett Trims Equities, But Still Keeps Buying This Stock Want to see what other hedge funds are holding FND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Floor & Decor Holdings, Inc.
(NYSE:FND – Free Report)..