Versor Investments LP Has $1.33 Million Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

Versor Investments LP grew its holdings in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 76.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 13,312 shares of the company’s stock after purchasing an additional 5,782 shares during the quarter. Versor Investments LP’s holdings in Floor & Decor were worth $1,327,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Blue Trust Inc. increased its stake in Floor & Decor by 242.0% during the 3rd quarter. Blue Trust Inc. now owns 277 shares of the company’s stock valued at $34,000 after purchasing an additional 196 shares in the last quarter. Quarry LP purchased a new stake in Floor & Decor during the third quarter worth about $34,000. Whipplewood Advisors LLC bought a new position in Floor & Decor during the fourth quarter valued at $35,000. Bank of Jackson Hole Trust purchased a new stake in Floor & Decor in the 4th quarter worth about $49,000. Finally, Proficio Capital Partners LLC bought a new stake in shares of Floor & Decor in the fourth quarter valued at approximately $49,000.

Floor & Decor Stock Up 2.2 %

Shares of NYSE FND opened at $102.46 on Thursday. The firm’s fifty day moving average is $99.27 and its 200 day moving average is $106.03. Floor & Decor Holdings, Inc. has a 52 week low of $89.06 and a 52 week high of $135.67. 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 company has a market cap of $10.99 billion, a price-to-earnings ratio of 53.93, a PEG ratio of 19.06 and a beta of 1.83.

Floor & Decor (NYSE:FND) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.14. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%. On average, equities research analysts expect that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current year.

Analyst Upgrades and Downgrades

FND has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their price target on shares of Floor & Decor from $103.00 to $110.00 and gave the stock a “neutral” rating in a report on Monday, February 10th. Piper Sandler lowered their target price on shares of Floor & Decor from $118.00 to $103.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 18th. Wedbush cut Floor & Decor from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $110.00 to $100.00 in a research note on Friday, February 14th. Gordon Haskett raised Floor & Decor from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a research note on Friday, February 21st. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $115.00 price objective on shares of Floor & Decor in a research report on Friday, February 21st. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $106.68.

About Floor & Decor

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.