Qsemble Capital Management LP Has $536,000 Stock Position in Floor & Decor Holdings, Inc. (NYSE:FND)

Qsemble Capital Management LP lowered its holdings in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 85.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 4,319 shares of the company’s stock after selling 24,693 shares during the period. Qsemble Capital Management LP’s holdings in Floor & Decor were worth $536,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Chris Bulman Inc bought a new position in shares of Floor & Decor during the second quarter valued at $30,000. Blue Trust Inc. raised its stake in shares of Floor & Decor by 242.0% during the third quarter. Blue Trust Inc. now owns 277 shares of the company’s stock valued at $34,000 after acquiring an additional 196 shares during the last quarter. J.Safra Asset Management Corp raised its stake in shares of Floor & Decor by 630.5% during the second quarter. J.Safra Asset Management Corp now owns 431 shares of the company’s stock valued at $43,000 after acquiring an additional 372 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Floor & Decor by 36.7% during the second quarter. GAMMA Investing LLC now owns 704 shares of the company’s stock valued at $70,000 after acquiring an additional 189 shares during the last quarter. Finally, UMB Bank n.a. raised its stake in shares of Floor & Decor by 37.8% during the third quarter. UMB Bank n.a. now owns 715 shares of the company’s stock valued at $89,000 after acquiring an additional 196 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on FND. Mizuho raised their price target on shares of Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Stifel Nicolaus lifted their target price 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. Wedbush reissued an “outperform” rating and set a $110.00 target price on shares of Floor & Decor in a research note on Friday, October 25th. Melius Research started coverage on shares of Floor & Decor in a research note on Monday, September 23rd. They set a “sell” rating and a $80.00 target price for the company. Finally, Guggenheim lowered their target price on shares of Floor & Decor from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $104.37.

Floor & Decor Stock Down 0.6 %

Shares of NYSE FND opened at $114.08 on Thursday. The stock has a market capitalization of $12.23 billion, a P/E ratio of 63.75, a P/E/G ratio of 15.57 and a beta of 1.83. The company has a 50-day moving average price of $110.05 and a 200-day moving average price of $107.95. Floor & Decor Holdings, Inc. has a 1 year low of $89.06 and a 1 year high of $135.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.29.

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