KBC Group NV Has $351,000 Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

KBC Group NV increased its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 9.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 2,825 shares of the company’s stock after acquiring an additional 234 shares during the period. KBC Group NV’s holdings in Floor & Decor were worth $351,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Floor & Decor by 0.8% in the first quarter. Vanguard Group Inc. now owns 9,740,052 shares of the company’s stock valued at $1,262,506,000 after purchasing an additional 81,305 shares during the period. Capital Research Global Investors raised its holdings in Floor & Decor by 20.4% in the 1st quarter. Capital Research Global Investors now owns 7,871,841 shares of the company’s stock worth $1,020,348,000 after acquiring an additional 1,334,650 shares during the period. Disciplined Growth Investors Inc. MN lifted its position in Floor & Decor by 1.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 1,123,830 shares of the company’s stock worth $111,720,000 after acquiring an additional 16,125 shares during the last quarter. Capital International Investors boosted its holdings in Floor & Decor by 7.4% during the first quarter. Capital International Investors now owns 1,063,151 shares of the company’s stock valued at $137,806,000 after acquiring an additional 73,448 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Floor & Decor by 15.9% in the second quarter. Dimensional Fund Advisors LP now owns 842,973 shares of the company’s stock valued at $83,810,000 after purchasing an additional 115,876 shares during the last quarter.

Floor & Decor Stock Down 2.8 %

FND opened at $99.57 on Wednesday. The firm has a market cap of $10.68 billion, a price-to-earnings ratio of 55.32, a PEG ratio of 13.44 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16. The firm’s 50-day simple moving average is $110.20 and its 200-day simple moving average is $108.19. Floor & Decor Holdings, Inc. has a twelve month low of $88.53 and a twelve month high of $135.67.

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

Analysts Set New Price Targets

Several equities analysts recently weighed in on FND shares. Wedbush reissued 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 raised their price objective on shares of Floor & Decor from $97.50 to $100.00 and gave the stock a “hold” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. dropped their target price on shares of Floor & Decor from $99.00 to $92.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. Guggenheim reduced their price target on shares of Floor & Decor from $130.00 to $115.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Finally, Wells Fargo & Company boosted their price objective on shares of Floor & Decor from $95.00 to $105.00 and gave the stock an “equal weight” rating in a report on Monday, October 28th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $104.37.

Floor & Decor Company 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.