B. Metzler seel. Sohn & Co. AG Has $1.40 Million Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

B. Metzler seel. Sohn & Co. AG decreased its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 7.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,014 shares of the company’s stock after selling 1,183 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Floor & Decor were worth $1,397,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cerity Partners LLC boosted its stake in Floor & Decor by 66.2% during the 3rd quarter. Cerity Partners LLC now owns 4,377 shares of the company’s stock worth $543,000 after acquiring an additional 1,744 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Floor & Decor by 16.9% in 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 bought a new position in shares of Floor & Decor during the third quarter worth $227,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Floor & Decor by 2.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,615 shares of the company’s stock valued at $2,808,000 after buying an additional 499 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Floor & Decor by 1.1% in 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 valued at $34,787,000 after buying an additional 3,103 shares in the last quarter.

Floor & Decor Stock Performance

NYSE FND opened at $82.07 on Thursday. The firm has a market capitalization of $8.81 billion, a P/E ratio of 43.19, a price-to-earnings-growth 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. The firm’s fifty day moving average price is $93.11 and its two-hundred day moving average price is $102.31. Floor & Decor Holdings, Inc. has a 1 year low of $76.29 and a 1 year high of $126.74.

Floor & Decor (NYSE:FND) last issued its earnings results on Thursday, February 20th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.14. Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%. The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.08 billion. As a group, research analysts anticipate that Floor & Decor Holdings, Inc. will post 2 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on FND. Piper Sandler reduced their target price on Floor & Decor from $103.00 to $90.00 and set a “neutral” rating on the stock in a report on Monday, March 24th. Stifel Nicolaus upgraded Floor & Decor from a “hold” rating to a “buy” rating and boosted their price objective for the company from $100.00 to $110.00 in a research report on Monday, February 24th. The Goldman Sachs Group downgraded shares of Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 target price on the stock. in a report on Thursday, January 30th. Barclays upgraded shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $75.00 to $91.00 in a report on Wednesday, January 8th. Finally, Evercore ISI cut their price objective on shares of Floor & Decor from $95.00 to $90.00 and set an “in-line” rating on the stock in a research report on Tuesday. Two investment 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 data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $103.56.

Floor & Decor 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.