Amundi Has $13.79 Million Stock Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

Amundi increased its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 275.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 143,374 shares of the company’s stock after purchasing an additional 105,176 shares during the quarter. Amundi owned approximately 0.13% of Floor & Decor worth $13,787,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. FMR LLC grew its holdings in Floor & Decor by 34.7% during the 3rd quarter. FMR LLC now owns 5,015,871 shares of the company’s stock worth $622,821,000 after acquiring an additional 1,291,214 shares during the last quarter. Fisher Funds Management LTD bought a new position in shares of Floor & Decor in the 4th quarter valued at about $128,797,000. Principal Financial Group Inc. boosted its stake in Floor & Decor by 172.0% during the 4th quarter. Principal Financial Group Inc. now owns 1,464,763 shares of the company’s stock worth $146,037,000 after acquiring an additional 926,208 shares during the last quarter. Raymond James Financial Inc. bought a new position in Floor & Decor during the 4th quarter worth approximately $54,640,000. Finally, Massachusetts Financial Services Co. MA boosted its stake in 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 during the last quarter.

Wall Street Analysts Forecast Growth

FND has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their target price 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. Barclays upgraded shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $75.00 to $91.00 in a report on Wednesday, January 8th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $115.00 price target on shares of Floor & Decor in a research report on Friday, February 21st. Piper Sandler decreased their price objective on shares of Floor & Decor from $118.00 to $103.00 and set a “neutral” rating on the stock in a report on Tuesday, February 18th. Finally, Wedbush downgraded shares of Floor & Decor from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $110.00 to $100.00 in a report on Friday, February 14th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Floor & Decor has an average rating of “Hold” and an average price target of $104.83.

Floor & Decor Trading Up 0.9 %

FND opened at $85.73 on Friday. Floor & Decor Holdings, Inc. has a twelve month low of $84.07 and a twelve month high of $135.67. The company has a 50-day simple moving average of $97.19 and a 200 day simple moving average of $104.89. 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 stock has a market capitalization of $9.21 billion, a price-to-earnings ratio of 45.12, a P/E/G ratio of 19.06 and a beta of 1.95.

Floor & Decor (NYSE:FND) last posted its earnings results on Thursday, February 20th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.14. The firm had revenue of $1.11 billion during 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%. Analysts predict that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

Floor & Decor Company 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.