Floor & Decor Holdings, Inc. (NYSE:FND) Position Lessened by New York State Common Retirement Fund

New York State Common Retirement Fund decreased its holdings in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 64,176 shares of the company’s stock after selling 3,500 shares during the quarter. New York State Common Retirement Fund owned approximately 0.06% of Floor & Decor worth $6,398,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FND. Blue Trust Inc. raised its holdings in Floor & Decor by 242.0% in the 3rd quarter. Blue Trust Inc. now owns 277 shares of the company’s stock worth $34,000 after acquiring an additional 196 shares during the period. Private Advisor Group LLC acquired a new position in shares of Floor & Decor in the 3rd quarter valued at $208,000. International Assets Investment Management LLC lifted its stake in Floor & Decor by 63,243.2% during the third quarter. International Assets Investment Management LLC now owns 93,748 shares of the company’s stock worth $11,641,000 after purchasing an additional 93,600 shares during the period. State of Alaska Department of Revenue boosted its stake in Floor & Decor by 7.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 12,400 shares of the company’s stock valued at $1,539,000 after buying an additional 840 shares in the last quarter. Finally, First Trust Direct Indexing L.P. grew its holdings in shares of Floor & Decor by 17.8% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 2,549 shares of the company’s stock worth $317,000 after purchasing an additional 386 shares during the last quarter.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Piper Sandler decreased their price target on Floor & Decor from $118.00 to $103.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 18th. JPMorgan Chase & Co. boosted their price objective on shares of Floor & Decor from $103.00 to $110.00 and gave the company a “neutral” rating in a report on Monday, February 10th. Mizuho increased their price target on Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Gordon Haskett raised shares of Floor & Decor from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a research report on Friday, February 21st. Finally, Wedbush downgraded Floor & Decor from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $110.00 to $100.00 in a research report on Friday, February 14th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, Floor & Decor presently has a consensus rating of “Hold” and an average price target of $106.68.

Floor & Decor Stock Up 2.2 %

Floor & Decor stock opened at $102.46 on Thursday. The company’s 50-day moving average price is $99.27 and its two-hundred day moving average price is $106.03. The stock has a market cap of $10.99 billion, a P/E ratio of 53.93, a P/E/G ratio of 19.06 and a beta of 1.83. Floor & Decor Holdings, Inc. has a twelve month low of $89.06 and a twelve month high of $135.67. The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 0.09.

Floor & Decor (NYSE:FND) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.14. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%. As a group, analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current 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.