Crossmark Global Holdings Inc. increased its holdings in Floor & Decor Holdings, Inc. (NYSE:FND – Free Report) by 5.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,290 shares of the company’s stock after acquiring an additional 350 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Floor & Decor were worth $906,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Chris Bulman Inc acquired a new position in shares of Floor & Decor in the 2nd quarter valued at approximately $30,000. Blue Trust Inc. raised 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 in the last quarter. J.Safra Asset Management Corp boosted its stake in Floor & Decor by 630.5% during the 2nd quarter. J.Safra Asset Management Corp now owns 431 shares of the company’s stock valued at $43,000 after acquiring an additional 372 shares during the last quarter. GAMMA Investing LLC grew its holdings in Floor & Decor by 36.7% during the 2nd quarter. GAMMA Investing LLC now owns 704 shares of the company’s stock worth $70,000 after acquiring an additional 189 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in shares of Floor & Decor by 37.8% in the 3rd quarter. UMB Bank n.a. now owns 715 shares of the company’s stock valued at $89,000 after purchasing an additional 196 shares in the last quarter.
Floor & Decor Trading Down 0.2 %
NYSE:FND opened at $102.20 on Friday. Floor & Decor Holdings, Inc. has a 1 year low of $86.13 and a 1 year high of $135.67. The business has a fifty day moving average of $110.48 and a 200-day moving average of $108.43. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16. The stock has a market cap of $10.96 billion, a price-to-earnings ratio of 56.78, a PEG ratio of 13.27 and a beta of 1.83.
Analysts Set New Price Targets
A number of research firms recently commented on FND. Wedbush reiterated an “outperform” rating and issued a $110.00 price target on shares of Floor & Decor in a research note on Friday, October 25th. Mizuho boosted their price target on Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Melius Research started coverage on Floor & Decor in a research note on Monday, September 23rd. They set a “sell” rating and a $80.00 price objective on the stock. JPMorgan Chase & Co. lowered their target price on shares of Floor & Decor from $99.00 to $92.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. Finally, Citigroup dropped their target price on shares of Floor & Decor from $109.00 to $104.00 and set a “neutral” rating on the stock in a report on Friday, July 19th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $104.37.
Floor & Decor Company Profile
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.
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