Parkside Financial Bank & Trust Sells 349 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

Parkside Financial Bank & Trust lowered its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 14.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,124 shares of the company’s stock after selling 349 shares during the period. Parkside Financial Bank & Trust’s holdings in Floor & Decor were worth $212,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Quarry LP bought a new position in shares of Floor & Decor during the third quarter worth approximately $34,000. Blue Trust Inc. increased 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 worth $34,000 after purchasing an additional 196 shares during the period. Whipplewood Advisors LLC bought a new position in shares of Floor & Decor during the fourth quarter worth approximately $35,000. Bank of Jackson Hole Trust bought a new position in shares of Floor & Decor during the fourth quarter worth approximately $49,000. Finally, Allworth Financial LP increased its stake in shares of Floor & Decor by 46.3% during the fourth quarter. Allworth Financial LP now owns 575 shares of the company’s stock worth $58,000 after purchasing an additional 182 shares during the period.

Floor & Decor Trading Down 0.2 %

Shares of FND opened at $96.64 on Friday. Floor & Decor Holdings, Inc. has a 52-week low of $89.06 and a 52-week high of $135.67. The business’s fifty day moving average is $99.16 and its 200-day moving average is $105.96. 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 has a market cap of $10.36 billion, a price-to-earnings ratio of 50.86, 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 for the quarter, beating the consensus estimate of $0.25 by $0.14. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.08 billion. Equities analysts anticipate that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

Analysts Set New Price Targets

FND has been the topic of a number of recent research reports. Wedbush lowered Floor & Decor from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $110.00 to $100.00 in a research note on Friday, February 14th. Piper Sandler lowered their price objective on Floor & Decor from $118.00 to $103.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 18th. Stifel Nicolaus upgraded Floor & Decor from a “hold” rating to a “buy” rating and raised their price objective for the stock from $100.00 to $110.00 in a research note on Monday, February 24th. Gordon Haskett upgraded Floor & Decor from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a research note on Friday, February 21st. Finally, Barclays upgraded Floor & Decor from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $75.00 to $91.00 in a research note on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Floor & Decor currently has a consensus rating of “Hold” and a consensus price target of $106.68.

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.