DF Dent & Co. Inc. Sells 74,687 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

DF Dent & Co. Inc. lessened its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 12.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 517,066 shares of the company's stock after selling 74,687 shares during the quarter. DF Dent & Co. Inc. owned 0.48% of Floor & Decor worth $51,551,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of FND. Cerity Partners LLC boosted its position in shares of Floor & Decor by 66.2% during the 3rd quarter. Cerity Partners LLC now owns 4,377 shares of the company's stock valued at $543,000 after acquiring an additional 1,744 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Floor & Decor by 16.9% during the third quarter. BNP Paribas Financial Markets now owns 22,569 shares of the company's stock worth $2,802,000 after purchasing an additional 3,268 shares during the period. Townsquare Capital LLC purchased a new position in Floor & Decor in the 3rd quarter valued at approximately $227,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Floor & Decor by 2.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,615 shares of the company's stock worth $2,808,000 after purchasing an additional 499 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Floor & Decor by 1.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 280,158 shares of the company's stock worth $34,787,000 after purchasing an additional 3,103 shares during the period.

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Analyst Upgrades and Downgrades

Several analysts recently weighed in on FND shares. Piper Sandler reduced their target price on shares of Floor & Decor from $103.00 to $90.00 and set a "neutral" rating on the stock in a report on Monday, March 24th. Evercore ISI dropped their price target on shares of Floor & Decor from $95.00 to $90.00 and set an "in-line" rating on the stock in a research note on Tuesday, April 1st. Gordon Haskett lowered shares of Floor & Decor from a "buy" rating to a "hold" rating in a research note on Friday. Barclays upgraded Floor & Decor from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $75.00 to $91.00 in a research report on Wednesday, January 8th. Finally, The Goldman Sachs Group cut Floor & Decor from a "neutral" rating to a "sell" rating and set a $79.00 target price on the stock. in a research report on Thursday, January 30th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $103.56.

Floor & Decor Stock Performance

FND traded down $0.92 during trading hours on Tuesday, hitting $72.04. The company's stock had a trading volume of 809,511 shares, compared to its average volume of 1,626,266. The company has a 50-day simple moving average of $91.15 and a 200 day simple moving average of $101.21. The firm has a market capitalization of $7.74 billion, a PE ratio of 37.74, a PEG ratio of 19.06 and a beta of 1.86. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. Floor & Decor Holdings, Inc. has a fifty-two week low of $66.01 and a fifty-two week high of $126.74.

Floor & Decor (NYSE:FND - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.14. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.08 billion. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. As a group, sell-side analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current 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.