Universal Beteiligungs und Servicegesellschaft mbH Sells 1,641 Shares of Floor & Decor Holdings, Inc. $FND

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 11.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,577 shares of the company’s stock after selling 1,641 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Floor & Decor were worth $955,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in Floor & Decor by 42.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 514 shares of the company’s stock valued at $41,000 after buying an additional 152 shares during the period. Zions Bancorporation National Association UT bought a new stake in shares of Floor & Decor in the 1st quarter valued at $47,000. eCIO Inc. bought a new stake in shares of Floor & Decor in the 1st quarter valued at $62,000. WD Rutherford LLC acquired a new position in shares of Floor & Decor during the 2nd quarter valued at $73,000. Finally, Hantz Financial Services Inc. boosted its stake in Floor & Decor by 34.4% during the second quarter. Hantz Financial Services Inc. now owns 1,245 shares of the company’s stock worth $95,000 after acquiring an additional 319 shares in the last quarter.

Floor & Decor Price Performance

Shares of NYSE FND opened at $64.95 on Thursday. The stock has a market cap of $7.00 billion, a price-to-earnings ratio of 32.47, a PEG ratio of 2.79 and a beta of 1.70. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.34 and a current ratio of 1.27. Floor & Decor Holdings, Inc. has a fifty-two week low of $55.11 and a fifty-two week high of $115.78. The firm’s 50-day simple moving average is $68.47 and its 200 day simple moving average is $75.72.

Floor & Decor (NYSE:FND) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.06. Floor & Decor had a return on equity of 9.34% and a net margin of 4.65%.The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period in the previous year, the company posted $0.48 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. Floor & Decor has set its FY 2025 guidance at 1.870-1.970 EPS. As a group, research analysts anticipate that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Guggenheim decreased their price target on shares of Floor & Decor from $100.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, August 1st. Evercore ISI decreased their target price on Floor & Decor from $75.00 to $65.00 and set an “in-line” rating for the company in a research report on Tuesday, November 11th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $92.00 price target on shares of Floor & Decor in a research note on Friday, October 31st. Weiss Ratings reissued a “hold (c-)” rating on shares of Floor & Decor in a research note on Friday, October 31st. Finally, Morgan Stanley decreased their price objective on Floor & Decor from $105.00 to $97.00 and set an “equal weight” rating for the company in a report on Friday, August 1st. Six analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $83.95.

Insider Transactions at Floor & Decor

In related news, President Bradley Paulsen purchased 5,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was acquired at an average cost of $60.27 per share, with a total value of $301,350.00. Following the transaction, the president owned 30,000 shares of the company’s stock, valued at $1,808,100. This represents a 20.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.10% of the company’s stock.

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.