Yousif Capital Management LLC Decreases Stock Position in Floor & Decor Holdings, Inc. (NYSE:FND)

Yousif Capital Management LLC decreased its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 4.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 37,870 shares of the company’s stock after selling 1,638 shares during the period. Yousif Capital Management LLC’s holdings in Floor & Decor were worth $3,776,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FND. Blue Trust Inc. increased its position 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 acquiring an additional 196 shares during the last quarter. Quarry LP acquired a new stake in Floor & Decor during the 3rd quarter valued at approximately $34,000. Wilmington Savings Fund Society FSB acquired a new stake in Floor & Decor during the 3rd quarter valued at approximately $74,000. UMB Bank n.a. increased its holdings in Floor & Decor by 37.8% during the 3rd quarter. UMB Bank n.a. now owns 715 shares of the company’s stock worth $89,000 after purchasing an additional 196 shares during the last quarter. Finally, Trust Co. of Vermont raised its position in shares of Floor & Decor by 21.1% in the 4th quarter. Trust Co. of Vermont now owns 1,150 shares of the company’s stock valued at $115,000 after purchasing an additional 200 shares in the last quarter.

Floor & Decor Stock Performance

Shares of FND opened at $101.03 on Friday. The firm has a fifty day moving average of $102.71 and a 200-day moving average of $105.81. The company has a market cap of $10.83 billion, a price-to-earnings ratio of 56.13, a price-to-earnings-growth ratio of 11.07 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16. Floor & Decor Holdings, Inc. has a 1 year low of $89.06 and a 1 year high of $135.67.

Analyst Ratings Changes

FND has been the subject of a number of research analyst reports. The Goldman Sachs Group lowered shares of Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 price target for the company. in a research note on Thursday, January 30th. Wedbush reissued an “outperform” rating and issued a $110.00 target price on shares of Floor & Decor in a research report on Friday, October 25th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $95.00 price target on shares of Floor & Decor in a research report on Monday, November 11th. Piper Sandler lowered their price objective on Floor & Decor from $119.00 to $118.00 and set a “neutral” rating for the company in a report on Monday, October 28th. Finally, Wells Fargo & Company upped their price objective on Floor & Decor from $95.00 to $105.00 and gave the company an “equal weight” rating in a research note on Monday, October 28th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $104.67.

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.