B. Metzler seel. Sohn & Co. Holding AG Takes $1.89 Million Position in Floor & Decor Holdings, Inc. (NYSE:FND)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,197 shares of the company's stock, valued at approximately $1,887,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of FND. XN LP bought a new stake in Floor & Decor in the 2nd quarter valued at $70,177,000. Natixis Advisors LLC increased its holdings in Floor & Decor by 94.7% in the 2nd quarter. Natixis Advisors LLC now owns 356,690 shares of the company's stock valued at $35,459,000 after buying an additional 173,518 shares during the period. Massachusetts Financial Services Co. MA bought a new stake in shares of Floor & Decor in the 2nd quarter worth about $14,953,000. Dimensional Fund Advisors LP grew its holdings in shares of Floor & Decor by 15.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 842,973 shares of the company's stock worth $83,810,000 after purchasing an additional 115,876 shares during the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of Floor & Decor by 63,243.2% in the 3rd 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 last quarter.

Floor & Decor Trading Up 4.7 %

Floor & Decor stock traded up $5.02 during trading hours on Friday, reaching $112.04. 1,931,736 shares of the company's stock traded hands, compared to its average volume of 1,492,581. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16. Floor & Decor Holdings, Inc. has a fifty-two week low of $89.06 and a fifty-two week high of $135.67. The firm has a market capitalization of $12.01 billion, a price-to-earnings ratio of 62.22, a PEG ratio of 13.00 and a beta of 1.83. The firm's 50 day moving average is $110.09 and its 200-day moving average is $108.15.

Floor & Decor (NYSE:FND - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.06. The company had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.14 billion. Floor & Decor had a return on equity of 9.69% and a net margin of 4.45%. Floor & Decor's revenue was up .9% on a year-over-year basis. During the same period in the prior year, the business posted $0.61 EPS. On average, analysts predict that Floor & Decor Holdings, Inc. will post 1.71 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on FND shares. Wells Fargo & Company upped their target price on shares of Floor & Decor from $95.00 to $105.00 and gave the stock an "equal weight" rating in a report on Monday, October 28th. Robert W. Baird lowered their target price on shares of Floor & Decor from $127.00 to $115.00 and set an "outperform" rating on the stock in a report on Monday, July 29th. Piper Sandler lowered their target price on shares of Floor & Decor from $119.00 to $118.00 and set a "neutral" rating on the stock in a report on Monday, October 28th. Stifel Nicolaus upped their target price on shares of Floor & Decor from $97.50 to $100.00 and gave the stock a "hold" rating in a report on Monday, November 4th. Finally, Melius Research started coverage on shares of Floor & Decor in a report on Monday, September 23rd. They issued a "sell" rating and a $80.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Floor & Decor presently has a consensus rating of "Hold" and a consensus price target 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.