Trust Co. of Vermont Has $115,000 Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

Trust Co. of Vermont lifted its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 21.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,150 shares of the company’s stock after acquiring an additional 200 shares during the period. Trust Co. of Vermont’s holdings in Floor & Decor were worth $115,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Oak Thistle LLC acquired a new stake in Floor & Decor in the 4th quarter valued at approximately $308,000. Miracle Mile Advisors LLC bought a new stake in shares of Floor & Decor in the fourth quarter valued at approximately $217,000. ST Germain D J Co. Inc. grew its stake in shares of Floor & Decor by 1.3% in the fourth quarter. ST Germain D J Co. Inc. now owns 189,845 shares of the company’s stock worth $18,928,000 after acquiring an additional 2,513 shares during the last quarter. Everence Capital Management Inc. bought a new position in Floor & Decor during the fourth quarter worth $306,000. Finally, GAMMA Investing LLC raised its stake in Floor & Decor by 15.1% during the 4th quarter. GAMMA Investing LLC now owns 1,619 shares of the company’s stock valued at $161,000 after purchasing an additional 212 shares during the last quarter.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Melius Research started coverage on Floor & Decor in a research report on Monday, September 23rd. They set a “sell” rating and a $80.00 target price on the stock. Piper Sandler lowered their price objective on Floor & Decor from $119.00 to $118.00 and set a “neutral” rating on the stock in a research report on Monday, October 28th. Wedbush reaffirmed an “outperform” rating and issued a $110.00 target price on shares of Floor & Decor in a research report on Friday, October 25th. Stifel Nicolaus boosted their price target 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. Finally, Barclays raised shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $75.00 to $91.00 in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $104.67.

Floor & Decor Stock Performance

Floor & Decor stock opened at $99.81 on Monday. The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. The stock has a market cap of $10.70 billion, a PE ratio of 55.45, a P/E/G ratio of 10.51 and a beta of 1.84. Floor & Decor Holdings, Inc. has a 12-month low of $89.06 and a 12-month high of $135.67. The business’s 50-day moving average price is $104.13 and its two-hundred day moving average price is $105.12.

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

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.