Scout Investments Inc. Trims Stake in Floor & Decor Holdings, Inc. (NYSE:FND)
Scout Investments Inc. reduce its stake in Floor & Decor Holdings, Inc. (NYSE:FND – Get Score) by 50.3% in the 1st quarter, Holdings Channel experiences. The fund owned 97,747 shares of the company’s stock soon after advertising 98,873 shares throughout the quarter. Scout Investments Inc.’s holdings in Floor & Decor have been really worth $7,918,000 at the conclude of the most latest reporting period.
Other institutional investors have also bought and offered shares of the organization. Quadrant Capital Team LLC lifted its stake in Flooring & Decor by 163.6% in the fourth quarter. Quadrant Money Group LLC now owns 203 shares of the company’s stock value $26,000 right after acquiring an supplemental 126 shares throughout the final quarter. Confluence Wealth Solutions Inc. acquired a new position in Flooring & Decor in the fourth quarter value about $30,000. Ahrens Expenditure Partners LLC acquired a new stake in Floor & Decor in the fourth quarter truly worth about $39,000. National Bank of Canada FI ordered a new stake in Floor & Decor in the fourth quarter truly worth about $52,000. Eventually, Ellevest Inc. grew its holdings in Flooring & Decor by 128.6% in the fourth quarter. Ellevest Inc. now owns 439 shares of the company’s inventory really worth $57,000 soon after acquiring an more 247 shares for the duration of the period of time. 96.48% of the stock is owned by institutional investors and hedge funds.
A quantity of analysts just lately commented on the organization. Jefferies Economic Group decreased their selling price aim on Ground & Decor from $150.00 to $146.00 and set a “buy” score for the organization in a research report on Thursday, March 17th. Loop Money dropped their cost goal on Floor & Decor from $135.00 to $105.00 and set a “hold” score for the company in a research note on Monday, February 28th. Robert W. Baird dropped their selling price target on Ground & Decor from $130.00 to $110.00 in a research be aware on Monday, May perhaps 2nd. TheStreet decreased Ground & Decor from a “b” ranking to a “c+” ranking in a exploration note on Tuesday, March 22nd. Eventually, Wedbush reduced their cost goal on Flooring & Decor from $130.00 to $100.00 and set an “outperform” score for the business in a research note on Friday, May possibly 6th. 3 expenditure analysts have rated the inventory with a keep rating and eleven have issued a buy ranking to the corporation. Primarily based on info from MarketBeat.com, the organization has an normal ranking of “Moderate Buy” and a consensus goal rate of $115.46.
FND opened at $72.95 on Monday. The business has a speedy ratio of .16, a recent ratio of 1.21 and a debt-to-equity ratio of .14. The firm has a market cap of $7.72 billion, a cost-to-earnings ratio of 28.28, a PEG ratio of 1.00 and a beta of 1.76. Ground & Decor Holdings, Inc. has a 52-week lower of $59.91 and a 52-week significant of $145.89. The firm’s fifty working day very simple going regular is $74.34 and its two-hundred day simple transferring normal is $93.27.
Floor & Decor (NYSE:FND – Get Rating) last posted its quarterly earnings knowledge on Thursday, May perhaps 5th. The enterprise documented $.67 earnings for every share (EPS) for the quarter, topping the consensus estimate of $.65 by $.02. Flooring & Decor experienced a return on fairness of 20.21% and a web margin of 7.57%. The business had earnings of $1.03 billion for the quarter, in contrast to analysts’ expectations of $1 billion. All through the identical interval in the previous calendar year, the firm posted $.68 EPS. Flooring & Decor’s profits was up 31.5% in comparison to the exact same quarter final year. On normal, investigate analysts forecast that Ground & Decor Holdings, Inc. will submit 2.89 EPS for the latest yr.
Floor & Decor Firm Profile (Get Rating)
Floor & Decor Holdings, Inc operates as a multi-channel specialty retailer and commercial flooring distributor of challenging surface area flooring and related accessories. The company’s stores present tile, wood, laminate, vinyl, and purely natural stone flooring products and solutions, as very well as decorative and installation equipment.
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