Blue Trust Inc. Has $44,000 Stake in Floor & Decor Holdings, Inc. (NYSE:FND)

Blue Trust Inc. increased its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 59.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 443 shares of the company’s stock after purchasing an additional 166 shares during the period. Blue Trust Inc.’s holdings in Floor & Decor were worth $44,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in FND. Quarry LP acquired a new position in shares of Floor & Decor during the third quarter worth about $34,000. Wilmington Savings Fund Society FSB bought a new stake in Floor & Decor in the 3rd quarter valued at approximately $74,000. UMB Bank n.a. boosted its position in Floor & Decor by 37.8% during the 3rd quarter. UMB Bank n.a. now owns 715 shares of the company’s stock worth $89,000 after acquiring an additional 196 shares during the last quarter. Trust Co. of Vermont grew its stake in shares of Floor & Decor by 21.1% during the 4th quarter. Trust Co. of Vermont now owns 1,150 shares of the company’s stock worth $115,000 after acquiring an additional 200 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of Floor & Decor by 15.8% in the third quarter. CWM LLC now owns 1,289 shares of the company’s stock valued at $160,000 after purchasing an additional 176 shares during the last quarter.

Floor & Decor Price Performance

Floor & Decor stock opened at $101.03 on Monday. The company has a market capitalization of $10.83 billion, a price-to-earnings ratio of 56.13, a PEG ratio of 11.51 and a beta of 1.83. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. Floor & Decor Holdings, Inc. has a 12 month low of $89.06 and a 12 month high of $135.67. The stock’s 50 day moving average is $102.48 and its 200-day moving average is $106.04.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on FND shares. Barclays raised shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $75.00 to $91.00 in a research report on Wednesday, January 8th. Piper Sandler lowered their target price 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. Mizuho upped their target price on Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Stifel Nicolaus boosted their price target on Floor & Decor from $97.50 to $100.00 and gave the stock a “hold” rating in a research report on Monday, November 4th. Finally, Wells Fargo & Company increased their price objective on Floor & Decor from $95.00 to $105.00 and gave the company an “equal weight” rating in a report on Monday, October 28th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average 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.