Eisler Capital UK Ltd. Purchases Shares of 9,413 Floor & Decor Holdings, Inc. (NYSE:FND)

Eisler Capital UK Ltd. acquired a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FNDFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,413 shares of the company’s stock, valued at approximately $1,050,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. raised its holdings in Floor & Decor by 24.4% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 577 shares of the company’s stock worth $64,000 after purchasing an additional 113 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Floor & Decor by 0.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 23,389 shares of the company’s stock worth $2,609,000 after buying an additional 117 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in Floor & Decor by 2.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 5,141 shares of the company’s stock worth $574,000 after buying an additional 120 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Floor & Decor by 1.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,709 shares of the company’s stock worth $1,195,000 after buying an additional 121 shares during the last quarter. Finally, Lindbrook Capital LLC lifted its holdings in Floor & Decor by 16.4% in the fourth quarter. Lindbrook Capital LLC now owns 885 shares of the company’s stock valued at $99,000 after buying an additional 125 shares during the period.

Floor & Decor Price Performance

NYSE FND traded up $1.79 during trading hours on Wednesday, reaching $114.99. 116,944 shares of the stock traded hands, compared to its average volume of 1,309,246. The stock has a 50 day simple moving average of $116.37 and a two-hundred day simple moving average of $111.67. Floor & Decor Holdings, Inc. has a 1 year low of $76.30 and a 1 year high of $135.67. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.17 and a quick ratio of 0.21. The company has a market cap of $12.31 billion, a price-to-earnings ratio of 54.71, a price-to-earnings-growth ratio of 11.96 and a beta of 1.78.

Floor & Decor (NYSE:FNDGet Free Report) last issued its earnings results on Thursday, May 2nd. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.44 by $0.02. Floor & Decor had a net margin of 5.11% and a return on equity of 11.80%. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the firm earned $0.66 earnings per share. The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. On average, analysts predict that Floor & Decor Holdings, Inc. will post 1.89 EPS for the current fiscal year.

Analyst Ratings Changes

FND has been the subject of a number of recent analyst reports. Evercore ISI increased their price target on Floor & Decor from $120.00 to $125.00 and gave the stock an “in-line” rating in a report on Tuesday, May 14th. TD Cowen decreased their target price on Floor & Decor from $125.00 to $115.00 and set a “hold” rating for the company in a research note on Friday, May 3rd. Guggenheim boosted their price target on Floor & Decor from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, February 27th. UBS Group reduced their price objective on shares of Floor & Decor from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $110.00 price objective on shares of Floor & Decor in a research note on Monday, April 29th. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Floor & Decor presently has a consensus rating of “Hold” and an average price target of $109.24.

View Our Latest Analysis on Floor & Decor

Insider Activity

In other news, Director Peter Starrett sold 5,000 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $118.24, for a total value of $591,200.00. Following the transaction, the director now directly owns 128,189 shares in the company, valued at approximately $15,157,067.36. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other Floor & Decor news, Director Peter Starrett sold 5,000 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $118.24, for a total transaction of $591,200.00. Following the completion of the sale, the director now directly owns 128,189 shares of the company’s stock, valued at approximately $15,157,067.36. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Steven Alan Denny sold 1,010 shares of Floor & Decor stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $123.11, for a total value of $124,341.10. Following the completion of the transaction, the executive vice president now owns 12,911 shares of the company’s stock, valued at approximately $1,589,473.21. The disclosure for this sale can be found here. Insiders sold 7,579 shares of company stock worth $907,916 over the last three months. 2.10% of the stock is currently owned by corporate insiders.

About Floor & Decor

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Floor & Decor (NYSE:FND)

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