Bank of Jackson Hole Trust Takes $49,000 Position in Floor & Decor Holdings, Inc. (NYSE:FND)

Bank of Jackson Hole Trust acquired a new stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 493 shares of the company’s stock, valued at approximately $49,000.

A number of other hedge funds have also recently modified their holdings of FND. FMR LLC lifted its stake in shares of Floor & Decor by 34.7% during the 3rd quarter. FMR LLC now owns 5,015,871 shares of the company’s stock valued at $622,821,000 after buying an additional 1,291,214 shares in the last quarter. State Street Corp lifted its stake in shares of Floor & Decor by 6.3% during the 3rd quarter. State Street Corp now owns 3,769,808 shares of the company’s stock valued at $468,097,000 after buying an additional 222,980 shares in the last quarter. Wasatch Advisors LP lifted its stake in shares of Floor & Decor by 3.9% during the 3rd quarter. Wasatch Advisors LP now owns 2,252,815 shares of the company’s stock valued at $279,732,000 after buying an additional 85,299 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Floor & Decor by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 1,790,280 shares of the company’s stock valued at $222,357,000 after buying an additional 24,509 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Floor & Decor by 16.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,617,658 shares of the company’s stock valued at $200,865,000 after buying an additional 223,332 shares in the last quarter.

Floor & Decor Stock Down 2.7 %

Shares of NYSE FND opened at $92.75 on Friday. The firm’s 50-day moving average price is $99.94 and its 200-day moving average price is $105.95. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $9.95 billion, a price-to-earnings ratio of 51.53, a P/E/G ratio of 20.20 and a beta of 1.83. Floor & Decor Holdings, Inc. has a 12-month low of $89.06 and a 12-month high of $135.67.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, February 20th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.14. Floor & Decor had a net margin of 4.45% and a return on equity of 9.69%. On average, equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 1.72 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on FND. Stifel Nicolaus lifted their target price on shares of Floor & Decor from $97.50 to $100.00 and gave the company a “hold” rating in a research note on Monday, November 4th. The Goldman Sachs Group cut shares of Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 target price on the stock. in a research note on Thursday, January 30th. Wedbush cut shares of Floor & Decor from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $110.00 to $100.00 in a research note on Friday, February 14th. Mizuho boosted their price target on shares of Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Finally, Wells Fargo & Company boosted their price target on shares of Floor & Decor from $95.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Monday, October 28th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Floor & Decor has a consensus rating of “Hold” and an average price target of $105.39.

Floor & Decor 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.