Vantage Investment Partners LLC Has $23.15 Million Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

Vantage Investment Partners LLC grew its position in Floor & Decor Holdings, Inc. (NYSE:FND) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 232,237 shares of the company’s stock after purchasing an additional 3,027 shares during the period. Floor & Decor comprises about 2.0% of Vantage Investment Partners LLC’s portfolio, making the stock its 17th largest position. Vantage Investment Partners LLC owned approximately 0.22% of Floor & Decor worth $23,154,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC grew its holdings in shares of Floor & Decor by 34.7% in the 3rd quarter. FMR LLC now owns 5,015,871 shares of the company’s stock valued at $622,821,000 after acquiring an additional 1,291,214 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Floor & Decor by 221.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 483,752 shares of the company’s stock valued at $60,067,000 after purchasing an additional 333,338 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Floor & Decor by 16.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,617,658 shares of the company’s stock worth $200,865,000 after purchasing an additional 223,332 shares during the last quarter. State Street Corp raised its stake in shares of Floor & Decor by 6.3% during the 3rd quarter. State Street Corp now owns 3,769,808 shares of the company’s stock worth $468,097,000 after purchasing an additional 222,980 shares in the last quarter. Finally, DF Dent & Co. Inc. boosted its holdings in shares of Floor & Decor by 30.2% in the 3rd quarter. DF Dent & Co. Inc. now owns 591,753 shares of the company’s stock valued at $73,478,000 after buying an additional 137,388 shares during the last quarter.

Floor & Decor Trading Up 2.2 %

Shares of FND opened at $106.53 on Tuesday. 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 Holdings, Inc. has a 52-week low of $89.06 and a 52-week high of $135.67. The firm has a market cap of $11.42 billion, a price-to-earnings ratio of 59.18, a PEG ratio of 11.15 and a beta of 1.84. The business’s fifty day moving average is $104.14 and its 200-day moving average is $105.52.

Floor & Decor (NYSE:FND) last posted its earnings results on Wednesday, October 30th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.06. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 9.69%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.61 earnings per share. Equities analysts anticipate that Floor & Decor Holdings, Inc. will post 1.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on FND shares. Piper Sandler lowered their target price on shares of Floor & Decor from $119.00 to $118.00 and set a “neutral” rating on the stock in a report on Monday, October 28th. Stifel Nicolaus upped their target price on shares of Floor & Decor from $97.50 to $100.00 and gave the company a “hold” rating in a report on Monday, November 4th. Mizuho lifted their price target on Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Wells Fargo & Company upped their price objective on Floor & Decor from $95.00 to $105.00 and gave the company an “equal weight” rating in a research note on Monday, October 28th. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $95.00 target price on shares of Floor & Decor in a research note on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $104.67.

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.