Charles Schwab Investment Management Inc. Has $103 Million Position in Floor & Decor Holdings, Inc. (NYSE:FND)

Charles Schwab Investment Management Inc. boosted its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 1.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 829,530 shares of the company's stock after purchasing an additional 12,109 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.77% of Floor & Decor worth $103,003,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. CIBC Asset Management Inc boosted its position in shares of Floor & Decor by 3.7% in the 3rd quarter. CIBC Asset Management Inc now owns 3,106 shares of the company's stock worth $386,000 after purchasing an additional 110 shares during the last quarter. King Luther Capital Management Corp lifted its stake in Floor & Decor by 1.2% in the second quarter. King Luther Capital Management Corp now owns 10,987 shares of the company's stock valued at $1,092,000 after buying an additional 127 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Floor & Decor by 4.3% during the second quarter. Commonwealth Equity Services LLC now owns 3,354 shares of the company's stock worth $333,000 after buying an additional 138 shares during the last quarter. Silver Coast Investments LLC grew its position in shares of Floor & Decor by 5.1% during the 3rd quarter. Silver Coast Investments LLC now owns 3,074 shares of the company's stock worth $382,000 after buying an additional 150 shares during the period. Finally, Benjamin F. Edwards & Company Inc. increased its stake in shares of Floor & Decor by 7.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,371 shares of the company's stock valued at $236,000 after acquiring an additional 169 shares during the last quarter.

Analyst Ratings Changes

FND has been the topic of several recent analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Floor & Decor from $99.00 to $92.00 and set a "neutral" rating on the stock in a research note on Friday, August 2nd. Telsey Advisory Group reissued a "market perform" rating and set a $95.00 price target on shares of Floor & Decor in a research report on Monday, November 11th. Wells Fargo & Company upped their price objective on shares of Floor & Decor from $95.00 to $105.00 and gave the company an "equal weight" rating in a research report on Monday, October 28th. Stifel Nicolaus lifted their target price on Floor & Decor from $97.50 to $100.00 and gave the stock a "hold" rating in a report on Monday, November 4th. Finally, Piper Sandler lowered their price target on Floor & Decor from $119.00 to $118.00 and set a "neutral" rating for the company in a report on Monday, October 28th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $104.37.

Floor & Decor Stock Down 0.6 %

Floor & Decor stock traded down $0.67 during mid-day trading on Wednesday, reaching $114.08. The company's stock had a trading volume of 1,045,292 shares, compared to its average volume of 1,497,406. 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 12 month low of $89.06 and a 12 month high of $135.67. The business's 50 day simple moving average is $110.05 and its 200 day simple moving average is $107.95. The company has a market capitalization of $12.23 billion, a price-to-earnings ratio of 63.75, a price-to-earnings-growth ratio of 15.57 and a beta of 1.83.

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

Floor & Decor 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.