ST Germain D J Co. Inc. Has $18.93 Million Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

ST Germain D J Co. Inc. grew its holdings in Floor & Decor Holdings, Inc. (NYSE:FND) by 1.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 189,845 shares of the company’s stock after acquiring an additional 2,513 shares during the period. ST Germain D J Co. Inc.’s holdings in Floor & Decor were worth $18,928,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its position in Floor & Decor by 4.3% during the second quarter. Commonwealth Equity Services LLC now owns 3,354 shares of the company’s stock worth $333,000 after purchasing an additional 138 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Floor & Decor during the 2nd quarter worth about $147,000. American Century Companies Inc. boosted its holdings in shares of Floor & Decor by 13.9% during the 2nd quarter. American Century Companies Inc. now owns 386,284 shares of the company’s stock worth $38,400,000 after buying an additional 47,242 shares during the period. Pecaut & CO. boosted its holdings in shares of Floor & Decor by 6.3% during the 2nd quarter. Pecaut & CO. now owns 18,550 shares of the company’s stock worth $1,844,000 after buying an additional 1,100 shares during the period. Finally, Qsemble Capital Management LP grew its stake in Floor & Decor by 1,585.8% in the 2nd quarter. Qsemble Capital Management LP now owns 29,012 shares of the company’s stock valued at $2,884,000 after buying an additional 27,291 shares during the last quarter.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on FND shares. Mizuho boosted their price objective on Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Telsey Advisory Group restated a “market perform” rating and issued a $95.00 price target on shares of Floor & Decor in a research note on Monday, November 11th. Wedbush reiterated an “outperform” rating and set a $110.00 price objective on shares of Floor & Decor in a research report on Friday, October 25th. Stifel Nicolaus boosted their target price on shares of Floor & Decor from $97.50 to $100.00 and gave the company a “hold” rating in a research report on Monday, November 4th. Finally, 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 research note on Wednesday. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Floor & Decor currently has an average rating of “Hold” and a consensus target price of $105.21.

Floor & Decor Price Performance

NYSE:FND traded down $0.23 during trading hours on Friday, hitting $95.93. The company’s stock had a trading volume of 471,703 shares, compared to its average volume of 1,141,241. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.29. The company has a market capitalization of $10.29 billion, a P/E ratio of 53.29, a PEG ratio of 14.43 and a beta of 1.84. Floor & Decor Holdings, Inc. has a twelve month low of $89.06 and a twelve month high of $135.67. The stock has a fifty day simple moving average of $105.00 and a 200-day simple moving average of $105.27.

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

Floor & Decor 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.