Campbell & CO Investment Adviser LLC Purchases Shares of 10,122 Floor & Decor Holdings, Inc. $FND

Campbell & CO Investment Adviser LLC acquired a new position in Floor & Decor Holdings, Inc. (NYSE:FND) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,122 shares of the company’s stock, valued at approximately $746,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FND. State of Wyoming purchased a new stake in Floor & Decor in the second quarter valued at approximately $46,000. Steph & Co. purchased a new position in Floor & Decor during the 3rd quarter worth approximately $48,000. Mather Group LLC. acquired a new stake in Floor & Decor during the 3rd quarter valued at approximately $49,000. TD Private Client Wealth LLC boosted its holdings in shares of Floor & Decor by 2,013.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 930 shares of the company’s stock valued at $69,000 after acquiring an additional 886 shares during the last quarter. Finally, WD Rutherford LLC acquired a new stake in shares of Floor & Decor in the second quarter worth $73,000.

Analyst Ratings Changes

Several brokerages recently issued reports on FND. UBS Group reduced their target price on shares of Floor & Decor from $80.00 to $74.00 and set a “neutral” rating for the company in a report on Friday, October 31st. Morgan Stanley reduced their price objective on Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Citigroup decreased their price objective on Floor & Decor from $81.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, October 9th. Stifel Nicolaus dropped their target price on Floor & Decor from $92.00 to $90.00 and set a “buy” rating on the stock in a report on Tuesday, December 16th. Finally, Zacks Research upgraded Floor & Decor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Seven research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $82.55.

Insider Transactions at Floor & Decor

In related news, President Bradley Paulsen acquired 5,000 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were acquired at an average cost of $60.27 per share, with a total value of $301,350.00. Following the completion of the acquisition, the president directly owned 30,000 shares in the company, valued at approximately $1,808,100. This trade represents a 20.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.90% of the stock is currently owned by insiders.

Floor & Decor Stock Performance

Shares of FND stock opened at $72.43 on Wednesday. The company has a current ratio of 1.27, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. Floor & Decor Holdings, Inc. has a 12-month low of $55.11 and a 12-month high of $108.76. The business’s 50 day moving average is $64.37 and its two-hundred day moving average is $72.85. The company has a market capitalization of $7.80 billion, a P/E ratio of 36.21, a P/E/G ratio of 2.97 and a beta of 1.73.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, October 30th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.06. Floor & Decor had a return on equity of 9.34% and a net margin of 4.65%.The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same period in the prior year, the company posted $0.48 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Floor & Decor has set its FY 2025 guidance at 1.870-1.970 EPS. Analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

Floor & Decor Profile

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.