Floor & Decor Holdings, Inc. (NYSE:FND) Shares Bought by Centaurus Financial Inc.

Centaurus Financial Inc. raised its holdings in Floor & Decor Holdings, Inc. (NYSE:FND) by 1.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 152,372 shares of the company’s stock after acquiring an additional 2,302 shares during the period. Floor & Decor accounts for about 1.3% of Centaurus Financial Inc.’s holdings, making the stock its 9th biggest position. Centaurus Financial Inc. owned 0.14% of Floor & Decor worth $16,999,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in FND. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Floor & Decor by 3.4% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 4,991 shares of the company’s stock worth $452,000 after buying an additional 165 shares during the last quarter. Pathstone Family Office LLC increased its holdings in shares of Floor & Decor by 81.8% during the 3rd quarter. Pathstone Family Office LLC now owns 3,891 shares of the company’s stock worth $352,000 after buying an additional 1,751 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in shares of Floor & Decor during the 3rd quarter worth $30,000. Kestra Advisory Services LLC increased its holdings in shares of Floor & Decor by 7.1% during the 3rd quarter. Kestra Advisory Services LLC now owns 5,292 shares of the company’s stock worth $479,000 after buying an additional 349 shares during the last quarter. Finally, Rafferty Asset Management LLC increased its holdings in shares of Floor & Decor by 9.8% during the 3rd quarter. Rafferty Asset Management LLC now owns 25,646 shares of the company’s stock worth $2,321,000 after buying an additional 2,292 shares during the last quarter.

Insider Buying and Selling

In related news, CEO Thomas V. Taylor sold 34,199 shares of the stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $125.00, for a total transaction of $4,274,875.00. Following the sale, the chief executive officer now owns 168,386 shares in the company, valued at $21,048,250. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Floor & Decor news, Director Peter Starrett sold 1,569 shares of the firm’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $122.61, for a total value of $192,375.09. Following the sale, the director now owns 118,620 shares in the company, valued at $14,543,998.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Thomas V. Taylor sold 34,199 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $125.00, for a total transaction of $4,274,875.00. Following the completion of the sale, the chief executive officer now owns 168,386 shares in the company, valued at approximately $21,048,250. The disclosure for this sale can be found here. Insiders have sold a total of 41,778 shares of company stock worth $5,182,791 over the last quarter. 2.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on FND. The Goldman Sachs Group upped their price objective on Floor & Decor from $71.00 to $79.00 and gave the stock a “neutral” rating in a report on Monday, February 26th. Truist Financial upped their price target on shares of Floor & Decor from $102.00 to $127.00 and gave the stock a “buy” rating in a research report on Tuesday, February 20th. Mizuho decreased their price target on shares of Floor & Decor from $115.00 to $110.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd. Evercore ISI upped their price target on shares of Floor & Decor from $120.00 to $125.00 and gave the stock an “in-line” rating in a research report on Tuesday, May 14th. Finally, Guggenheim upped their price target on shares of Floor & Decor from $115.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, February 27th. Two research 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 currently has a consensus rating of “Hold” and an average target price of $109.24.

Floor & Decor Stock Down 2.6 %

Shares of Floor & Decor stock traded down $3.16 during trading on Friday, reaching $118.20. The company had a trading volume of 1,127,706 shares, compared to its average volume of 880,764. The company has a market cap of $12.65 billion, a price-to-earnings ratio of 57.10, a price-to-earnings-growth ratio of 12.17 and a beta of 1.78. The firm’s fifty day moving average is $115.14 and its 200-day moving average is $113.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.21 and a current ratio of 1.17. Floor & Decor Holdings, Inc. has a fifty-two week low of $76.30 and a fifty-two week high of $135.67.

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

About Floor & Decor

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.