Eisler Capital Management Ltd. Acquires Shares of 16,661 Floor & Decor Holdings, Inc. (NYSE:FND)

Eisler Capital Management Ltd. bought a new position in Floor & Decor Holdings, Inc. (NYSE:FND) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 16,661 shares of the company’s stock, valued at approximately $1,623,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Huntington National Bank boosted its stake in Floor & Decor by 120.5% in the 4th quarter. Huntington National Bank now owns 344 shares of the company’s stock worth $34,000 after purchasing an additional 188 shares during the period. Whipplewood Advisors LLC purchased a new stake in shares of Floor & Decor in the fourth quarter worth about $35,000. Blue Trust Inc. boosted its position in shares of Floor & Decor by 59.9% in the fourth quarter. Blue Trust Inc. now owns 443 shares of the company’s stock valued at $44,000 after acquiring an additional 166 shares during the period. Bank of Jackson Hole Trust purchased a new position in Floor & Decor during the fourth quarter valued at approximately $49,000. Finally, Proficio Capital Partners LLC bought a new stake in Floor & Decor during the 4th quarter worth approximately $49,000.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on FND shares. Evercore ISI reduced their price target on shares of Floor & Decor from $95.00 to $90.00 and set an “in-line” rating for the company in a research report on Tuesday, April 1st. JPMorgan Chase & Co. boosted their target price on Floor & Decor from $103.00 to $110.00 and gave the stock a “neutral” rating in a research report on Monday, February 10th. Loop Capital lowered their price target on Floor & Decor from $95.00 to $75.00 and set a “hold” rating on the stock in a report on Tuesday. Guggenheim cut their price objective on Floor & Decor from $115.00 to $100.00 and set a “buy” rating for the company in a report on Friday, May 2nd. Finally, Barclays lowered their target price on shares of Floor & Decor from $91.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $93.56.

Floor & Decor Stock Up 0.4 %

FND opened at $75.52 on Friday. Floor & Decor Holdings, Inc. has a 12 month low of $66.01 and a 12 month high of $126.74. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. The business’s 50-day moving average price is $77.77 and its 200-day moving average price is $93.82. The company has a market cap of $8.11 billion, a P/E ratio of 39.75, a P/E/G ratio of 19.06 and a beta of 1.79.

Floor & Decor (NYSE:FND) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.45 earnings per share for the quarter, meeting the consensus estimate of $0.45. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the previous year, the company posted $0.46 earnings per share. The business’s revenue was up 5.8% on a year-over-year basis. On average, equities analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current year.

About Floor & Decor

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.