Coldstream Capital Management Inc. Has $549,000 Stock Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

Coldstream Capital Management Inc. trimmed its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 3.7% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 4,439 shares of the company’s stock after selling 172 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Floor & Decor were worth $549,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FND. FMR LLC grew its stake in Floor & Decor by 34.7% during the third quarter. FMR LLC now owns 5,015,871 shares of the company’s stock worth $622,821,000 after buying an additional 1,291,214 shares in the last quarter. XN LP acquired a new stake in shares of Floor & Decor during the 2nd quarter worth approximately $70,177,000. Massachusetts Financial Services Co. MA boosted its position in shares of Floor & Decor by 221.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 483,752 shares of the company’s stock worth $60,067,000 after acquiring an additional 333,338 shares in the last quarter. State Street Corp increased its stake in Floor & Decor by 6.3% in the third quarter. State Street Corp now owns 3,769,808 shares of the company’s stock valued at $468,097,000 after acquiring an additional 222,980 shares during the last quarter. Finally, Natixis Advisors LLC lifted its stake in Floor & Decor by 94.7% during the second quarter. Natixis Advisors LLC now owns 356,690 shares of the company’s stock worth $35,459,000 after purchasing an additional 173,518 shares during the last quarter.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Telsey Advisory Group reiterated a “market perform” rating and issued a $95.00 price target on shares of Floor & Decor in a research note on Monday, November 11th. Mizuho lifted their target price on Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Wells Fargo & Company increased their target price 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. Stifel Nicolaus raised their price target 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. Finally, Piper Sandler lowered their price objective on shares of Floor & Decor from $119.00 to $118.00 and set a “neutral” rating for the company in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Floor & Decor currently has an average rating of “Hold” and a consensus target price of $104.37.

Floor & Decor Trading Down 1.4 %

NYSE FND opened at $110.35 on Friday. The firm has a market capitalization of $11.83 billion, a PE ratio of 61.31, a price-to-earnings-growth ratio of 14.75 and a beta of 1.82. The business’s 50-day moving average price is $107.90 and its two-hundred day moving average price is $107.51. 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.

Floor & Decor (NYSE:FND) last released its earnings results on Wednesday, October 30th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.06. Floor & Decor had a net margin of 4.45% and a return on equity of 9.69%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the firm posted $0.61 EPS. The company’s revenue for the quarter was up .9% compared to the same quarter last year. On average, analysts expect that Floor & Decor Holdings, Inc. will post 1.71 EPS for the current year.

Floor & Decor 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.