Blair William & Co. IL Sells 14,001 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

Blair William & Co. IL trimmed its stake in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 15.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 75,790 shares of the company's stock after selling 14,001 shares during the period. Blair William & Co. IL owned 0.07% of Floor & Decor worth $7,556,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FND. Quarry LP acquired a new stake in shares of Floor & Decor in the third quarter valued at about $34,000. Whipplewood Advisors LLC acquired a new stake in Floor & Decor in the 4th quarter valued at approximately $35,000. Blue Trust Inc. grew its holdings in Floor & Decor by 59.9% in the 4th quarter. Blue Trust Inc. now owns 443 shares of the company's stock valued at $44,000 after buying an additional 166 shares during the last quarter. Bank of Jackson Hole Trust bought a new position in Floor & Decor in the 4th quarter worth approximately $49,000. Finally, Allworth Financial LP lifted its holdings in shares of Floor & Decor by 46.3% during the fourth quarter. Allworth Financial LP now owns 575 shares of the company's stock worth $58,000 after buying an additional 182 shares during the last quarter.

Floor & Decor Price Performance

Shares of NYSE:FND traded down $11.32 on Thursday, hitting $70.75. The stock had a trading volume of 3,214,035 shares, compared to its average volume of 1,571,557. The firm's 50 day moving average price is $93.11 and its 200-day moving average price is $102.31. 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 twelve month low of $69.15 and a twelve month high of $126.74. The company has a market capitalization of $7.60 billion, a price-to-earnings ratio of 37.24, a price-to-earnings-growth ratio of 19.06 and a beta of 1.86.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Floor & Decor from $103.00 to $110.00 and gave the stock a "neutral" rating in a research report on Monday, February 10th. The Goldman Sachs Group lowered shares of Floor & Decor from a "neutral" rating to a "sell" rating and set a $79.00 price target on the stock. in a research report on Thursday, January 30th. Wedbush lowered shares of Floor & Decor from an "outperform" rating to a "neutral" rating and cut their price objective for the company from $110.00 to $100.00 in a research report on Friday, February 14th. Evercore ISI decreased their target price on Floor & Decor from $95.00 to $90.00 and set an "in-line" rating on the stock in a research report on Tuesday. Finally, Gordon Haskett raised Floor & Decor from a "hold" rating to a "buy" rating and set a $120.00 price target for the company in a report on Friday, February 21st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, Floor & Decor has a consensus rating of "Hold" and an average price target of $103.56.

About Floor & Decor

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.