3,070 Shares in Floor & Decor Holdings, Inc. (NYSE:FND) Bought by Everence Capital Management Inc.

Everence Capital Management Inc. bought a new stake in Floor & Decor Holdings, Inc. (NYSE:FND) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,070 shares of the company’s stock, valued at approximately $306,000.

A number of other hedge funds have also recently made changes to their positions in the company. Quarry LP acquired a new position in Floor & Decor during the 3rd quarter worth about $34,000. Blue Trust Inc. boosted its holdings in Floor & Decor by 242.0% in the third quarter. Blue Trust Inc. now owns 277 shares of the company’s stock valued at $34,000 after acquiring an additional 196 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Floor & Decor during the 3rd quarter valued at approximately $74,000. UMB Bank n.a. raised its holdings in Floor & Decor by 37.8% during the 3rd quarter. UMB Bank n.a. now owns 715 shares of the company’s stock worth $89,000 after purchasing an additional 196 shares during the last quarter. Finally, CWM LLC lifted its position in shares of Floor & Decor by 15.8% in the 3rd quarter. CWM LLC now owns 1,289 shares of the company’s stock worth $160,000 after purchasing an additional 176 shares during the period.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on FND shares. Wells Fargo & Company lifted their target price on shares of Floor & Decor from $95.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Monday, October 28th. Wedbush reissued an “outperform” rating and issued a $110.00 price objective on shares of Floor & Decor in a research note on Friday, October 25th. Mizuho raised their target price on Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Telsey Advisory Group reissued a “market perform” rating and issued a $95.00 price target on shares of Floor & Decor in a research note on Monday, November 11th. Finally, Piper Sandler reduced their price objective on shares of Floor & Decor from $119.00 to $118.00 and set a “neutral” rating for the company in a research report on Monday, October 28th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $106.00.

Floor & Decor Stock Performance

NYSE FND opened at $95.01 on Wednesday. The company has a fifty day moving average price of $105.23 and a 200-day moving average price of $105.40. The firm has a market cap of $10.19 billion, a price-to-earnings ratio of 52.78, a PEG ratio of 14.43 and a beta of 1.82. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.29. Floor & Decor Holdings, Inc. has a 1 year low of $89.06 and a 1 year high of $135.67.

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

About Floor & Decor

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.