International Assets Investment Management LLC Has $11.64 Million Stock Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

International Assets Investment Management LLC boosted its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 63,243.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,748 shares of the company's stock after acquiring an additional 93,600 shares during the period. International Assets Investment Management LLC owned 0.09% of Floor & Decor worth $11,641,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Chris Bulman Inc acquired a new stake in shares of Floor & Decor in the second quarter worth $30,000. Blue Trust Inc. grew its position in Floor & Decor by 242.0% in the 3rd quarter. Blue Trust Inc. now owns 277 shares of the company's stock worth $34,000 after purchasing an additional 196 shares during the last quarter. J.Safra Asset Management Corp increased its holdings in shares of Floor & Decor by 630.5% during the 2nd quarter. J.Safra Asset Management Corp now owns 431 shares of the company's stock worth $43,000 after purchasing an additional 372 shares during the period. GAMMA Investing LLC raised its position in shares of Floor & Decor by 36.7% during the second quarter. GAMMA Investing LLC now owns 704 shares of the company's stock valued at $70,000 after buying an additional 189 shares during the last quarter. Finally, RiverPark Advisors LLC lifted its stake in shares of Floor & Decor by 361.1% in the first quarter. RiverPark Advisors LLC now owns 604 shares of the company's stock valued at $78,000 after buying an additional 473 shares during the period.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Truist Financial lowered their price target on Floor & Decor from $130.00 to $115.00 and set a "buy" rating on the stock in a research note on Wednesday, July 10th. Wedbush restated an "outperform" rating and issued a $110.00 target price on shares of Floor & Decor in a research note on Friday, October 25th. Telsey Advisory Group reiterated a "market perform" rating and set a $95.00 price target on shares of Floor & Decor in a research note on Thursday. TD Cowen dropped their price objective on shares of Floor & Decor from $115.00 to $100.00 and set a "hold" rating for the company in a research note on Friday, July 12th. Finally, Mizuho raised their price objective on shares of Floor & Decor from $98.00 to $100.00 and gave the stock a "neutral" rating in a report on Thursday. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $104.24.

Floor & Decor Price Performance

Shares of FND stock traded up $2.08 during trading hours on Thursday, hitting $102.96. 1,907,339 shares of the company's stock were exchanged, compared to its average volume of 1,430,141. Floor & Decor Holdings, Inc. has a 52 week low of $76.30 and a 52 week high of $135.67. The stock has a market cap of $11.02 billion, a price-to-earnings ratio of 49.78, a price-to-earnings-growth ratio of 13.92 and a beta of 1.80. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.17 and a quick ratio of 0.27. The stock's 50-day moving average is $111.85 and its 200-day moving average is $108.87.

Floor & Decor (NYSE:FND - Get Free Report) last issued 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 4.78% and a return on equity of 10.69%. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the prior year, the firm earned $0.61 EPS. The company's revenue was up .9% on a year-over-year basis. As a group, research analysts forecast that Floor & Decor Holdings, Inc. will post 1.67 EPS for the current year.

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.