B. Metzler seel. Sohn & Co. AG Sells 1,183 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

B. Metzler seel. Sohn & Co. AG lessened its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 7.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm 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 reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Conway Capital Management Inc. bought a new stake in shares of Floor & Decor in the 3rd quarter worth approximately $1,090,000. Sanctuary Advisors LLC lifted its position in Floor & Decor by 7.1% in the third quarter. Sanctuary Advisors LLC now owns 2,725 shares of the company’s stock worth $338,000 after purchasing an additional 180 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Floor & Decor by 3.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 860,026 shares of the company’s stock worth $85,745,000 after purchasing an additional 30,496 shares during the period. Proficio Capital Partners LLC acquired a new stake in Floor & Decor during the fourth quarter worth $49,000. Finally, JPMorgan Chase & Co. increased its holdings in Floor & Decor by 16.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,617,658 shares of the company’s stock valued at $200,865,000 after buying an additional 223,332 shares during the period.

Floor & Decor Stock Up 2.7 %

NYSE:FND opened at $82.07 on Thursday. The stock’s fifty day moving average price is $93.11 and its two-hundred day moving average price is $102.31. The company has a market cap of $8.81 billion, a price-to-earnings ratio of 43.19, a P/E/G ratio of 19.06 and a beta of 1.86. Floor & Decor Holdings, Inc. has a 52-week low of $76.29 and a 52-week high of $126.74. 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 (NYSE:FND) last posted 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 for the quarter, compared to analysts’ expectations of $1.08 billion. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. On average, analysts anticipate that Floor & Decor Holdings, Inc. will post 2 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FND. Barclays upgraded shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $75.00 to $91.00 in a research report on Wednesday, January 8th. The Goldman Sachs Group lowered Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 price objective on the stock. in a research note on Thursday, January 30th. Telsey Advisory Group restated an “outperform” rating and set a $115.00 target price on shares of Floor & Decor in a research report on Friday, February 21st. JPMorgan Chase & Co. upped their price target on Floor & Decor from $103.00 to $110.00 and gave the company a “neutral” rating in a research report on Monday, February 10th. Finally, Gordon Haskett raised Floor & Decor from a “hold” rating to a “buy” rating and set a $120.00 price objective for the company in a report on Friday, February 21st. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $103.56.

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.