Gilder Gagnon Howe & Co. LLC Sells 11,585 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

Gilder Gagnon Howe & Co. LLC reduced its holdings in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 664,096 shares of the company's stock after selling 11,585 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned 0.62% of Floor & Decor worth $66,210,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FND. Huntington National Bank increased its position in Floor & Decor by 120.5% during the 4th quarter. Huntington National Bank now owns 344 shares of the company's stock worth $34,000 after purchasing an additional 188 shares in the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of Floor & Decor during the fourth quarter valued at about $35,000. Blue Trust Inc. increased its position 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 acquiring an additional 166 shares during the period. Bank of Jackson Hole Trust acquired a new position in Floor & Decor during the 4th quarter worth about $49,000. Finally, Proficio Capital Partners LLC bought a new position in Floor & Decor during the 4th quarter worth approximately $49,000.

Analysts Set New Price Targets

Several research analysts recently issued reports on FND shares. Wedbush lowered shares of Floor & Decor from an "outperform" rating to a "neutral" rating and cut their target price for the stock from $110.00 to $100.00 in a research note on Friday, February 14th. Wells Fargo & Company set a $80.00 price target on shares of Floor & Decor in a research report on Friday. Stifel Nicolaus raised shares of Floor & Decor from a "hold" rating to a "buy" rating and raised their price objective for the company from $100.00 to $110.00 in a research note on Monday, February 24th. Piper Sandler dropped their price target on shares of Floor & Decor from $103.00 to $90.00 and set a "neutral" rating on the stock in a research report on Monday, March 24th. Finally, Robert W. Baird lowered their price objective on Floor & Decor from $125.00 to $100.00 and set an "outperform" rating for the company in a research note on Tuesday. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $101.33.

Floor & Decor Price Performance

NYSE FND traded up $0.10 during trading hours on Tuesday, reaching $72.60. 3,007,946 shares of the stock traded hands, compared to its average volume of 1,708,950. The stock has a 50 day simple moving average of $81.33 and a two-hundred day simple moving average of $95.71. Floor & Decor Holdings, Inc. has a 1 year low of $66.01 and a 1 year high of $126.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.29. The company has a market cap of $7.80 billion, a price-to-earnings ratio of 38.21, a price-to-earnings-growth ratio of 19.06 and a beta of 1.86.

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, topping analysts' consensus estimates of $0.25 by $0.14. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.08 billion. On average, analysts predict that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

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.