3,318 Shares in Floor & Decor Holdings, Inc. (NYSE:FND) Acquired by J. Goldman & Co LP

J. Goldman & Co LP purchased a new stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,318 shares of the company’s stock, valued at approximately $331,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Huntington National Bank grew its position in Floor & Decor by 120.5% during the fourth quarter. Huntington National Bank now owns 344 shares of the company’s stock valued at $34,000 after acquiring an additional 188 shares during the last quarter. Whipplewood Advisors LLC bought a new position in shares of Floor & Decor in the fourth quarter worth approximately $35,000. Blue Trust Inc. grew its holdings in shares of 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 purchasing an additional 166 shares during the last quarter. Bank of Jackson Hole Trust bought a new position in shares of Floor & Decor in the fourth quarter worth approximately $49,000. Finally, Proficio Capital Partners LLC bought a new position in shares of Floor & Decor in the fourth quarter worth approximately $49,000.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on FND shares. JPMorgan Chase & Co. raised their target price on shares of Floor & Decor from $103.00 to $110.00 and gave the stock a “neutral” rating in a report on Monday, February 10th. Barclays cut their target price on shares of Floor & Decor from $91.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, May 2nd. The Goldman Sachs Group cut their target price on shares of Floor & Decor from $81.00 to $70.00 and set a “sell” rating on the stock in a report on Friday, May 2nd. Wedbush cut shares of Floor & Decor from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $110.00 to $100.00 in a report on Friday, February 14th. Finally, Evercore ISI cut their target price on shares of Floor & Decor from $95.00 to $90.00 and set an “in-line” rating on the stock in a report on Tuesday, April 1st. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Floor & Decor presently has an average rating of “Hold” and a consensus target price of $93.56.

Floor & Decor Stock Performance

Shares of FND stock opened at $83.86 on Tuesday. Floor & Decor Holdings, Inc. has a 12 month low of $66.01 and a 12 month high of $126.74. The stock has a market cap of $9.01 billion, a PE ratio of 44.14, a price-to-earnings-growth ratio of 19.06 and a beta of 1.79. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. The company’s fifty day moving average price is $77.69 and its 200-day moving average price is $93.55.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, May 1st. The company reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%. The firm had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the previous year, the business posted $0.46 EPS. The company’s quarterly revenue was up 5.8% on a year-over-year basis. On average, equities analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

Floor & Decor Company Profile

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.