19,746 Shares in Floor & Decor Holdings, Inc. (NYSE:FND) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 19,746 shares of the company’s stock, valued at approximately $2,203,000.

Other institutional investors also recently modified their holdings of the company. Pacer Advisors Inc. acquired a new stake in shares of Floor & Decor during the 4th quarter valued at $1,767,000. Kestra Advisory Services LLC boosted its stake in shares of Floor & Decor by 7.1% during the 3rd quarter. Kestra Advisory Services LLC now owns 5,292 shares of the company’s stock valued at $479,000 after buying an additional 349 shares during the period. State of Alaska Department of Revenue acquired a new stake in shares of Floor & Decor during the 4th quarter valued at $1,284,000. State Board of Administration of Florida Retirement System boosted its stake in shares of Floor & Decor by 28.0% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 122,211 shares of the company’s stock valued at $11,060,000 after buying an additional 26,732 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of Floor & Decor by 3.4% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 4,991 shares of the company’s stock valued at $452,000 after buying an additional 165 shares during the period.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Guggenheim lifted their price objective on shares of Floor & Decor from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, February 27th. Telsey Advisory Group lifted their price objective on shares of Floor & Decor from $95.00 to $110.00 and gave the company a “market perform” rating in a research note on Friday, February 23rd. Evercore ISI reduced their price objective on shares of Floor & Decor from $125.00 to $120.00 and set an “in-line” rating for the company in a research note on Tuesday. TD Cowen assumed coverage on shares of Floor & Decor in a research note on Wednesday, April 10th. They issued a “hold” rating and a $125.00 price objective for the company. Finally, Sanford C. Bernstein lowered shares of Floor & Decor from an “outperform” rating to a “market perform” rating and lifted their price objective for the company from $100.00 to $115.00 in a research note on Tuesday, January 16th. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $110.19.

Insider Activity

In other news, CAO David Victor Christopherson sold 6,850 shares of Floor & Decor stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $118.70, for a total transaction of $813,095.00. Following the sale, the chief accounting officer now directly owns 25,271 shares in the company, valued at approximately $2,999,667.70. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, EVP Steven Alan Denny sold 5,152 shares of Floor & Decor stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $123.52, for a total transaction of $636,375.04. Following the sale, the executive vice president now directly owns 13,271 shares in the company, valued at approximately $1,639,233.92. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO David Victor Christopherson sold 6,850 shares of Floor & Decor stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $118.70, for a total transaction of $813,095.00. Following the sale, the chief accounting officer now owns 25,271 shares in the company, valued at $2,999,667.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 90,867 shares of company stock worth $11,016,089. Corporate insiders own 2.10% of the company’s stock.

Floor & Decor Stock Performance

NYSE:FND opened at $108.10 on Friday. The firm’s 50-day moving average is $119.00 and its 200-day moving average is $104.43. Floor & Decor Holdings, Inc. has a 52-week low of $76.30 and a 52-week high of $135.67. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.18 and a current ratio of 1.14. The company has a market cap of $11.54 billion, a price-to-earnings ratio of 47.62, a PEG ratio of 5.22 and a beta of 1.85.

Floor & Decor (NYSE:FND) last posted its quarterly earnings data on Thursday, February 22nd. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.07. Floor & Decor had a net margin of 5.57% and a return on equity of 13.38%. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the firm posted $0.64 EPS. The business’s revenue was up .0% compared to the same quarter last year. Equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 1.92 earnings per share for the current year.

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.