Amundi Purchases 105,176 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

Amundi lifted its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 275.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 143,374 shares of the company's stock after acquiring an additional 105,176 shares during the quarter. Amundi owned approximately 0.13% of Floor & Decor worth $13,787,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Lisanti Capital Growth LLC bought a new position in shares of Floor & Decor during the 4th quarter valued at approximately $874,000. Raymond James Financial Inc. bought a new position in shares of Floor & Decor during the 4th quarter valued at approximately $54,640,000. Arizona State Retirement System grew its stake in shares of Floor & Decor by 0.9% during the 4th quarter. Arizona State Retirement System now owns 29,546 shares of the company's stock valued at $2,946,000 after acquiring an additional 273 shares during the period. Proficio Capital Partners LLC bought a new position in shares of Floor & Decor during the 4th quarter valued at approximately $49,000. Finally, J.Safra Asset Management Corp grew its stake in shares of Floor & Decor by 69.0% during the 4th quarter. J.Safra Asset Management Corp now owns 1,247 shares of the company's stock valued at $125,000 after acquiring an additional 509 shares during the period.

Analyst Ratings Changes

A number of research analysts recently commented on FND shares. Stifel Nicolaus raised Floor & Decor from a "hold" rating to a "buy" rating and boosted their price target for the stock from $100.00 to $110.00 in a report on Monday, February 24th. Telsey Advisory Group reissued an "outperform" rating and issued a $115.00 price target on shares of Floor & Decor in a report on Friday, February 21st. Piper Sandler lowered their price target on Floor & Decor from $118.00 to $103.00 and set a "neutral" rating on the stock in a report on Tuesday, February 18th. JPMorgan Chase & Co. boosted their price target on Floor & Decor from $103.00 to $110.00 and gave the stock a "neutral" rating in a report on Monday, February 10th. Finally, Barclays raised Floor & Decor from an "underweight" rating to an "equal weight" rating and boosted their price target for the stock from $75.00 to $91.00 in a report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $104.83.

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Floor & Decor Trading Down 2.2 %

Shares of NYSE FND traded down $1.86 during trading hours on Tuesday, hitting $83.97. 1,956,810 shares of the company traded hands, compared to its average volume of 1,500,311. The stock has a market capitalization of $9.02 billion, a price-to-earnings ratio of 44.19, a price-to-earnings-growth ratio of 19.06 and a beta of 1.95. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. The company's 50 day moving average price is $96.70 and its 200 day moving average price is $104.45. Floor & Decor Holdings, Inc. has a 12 month low of $82.72 and a 12 month high of $135.67.

Floor & Decor (NYSE:FND - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.14. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.08 billion. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. On average, equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current fiscal 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.