Two Sigma Securities LLC purchased a new stake in American Woodmark Co. (NASDAQ:AMWD - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,329 shares of the company's stock, valued at approximately $503,000.
Other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its holdings in American Woodmark by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company's stock valued at $24,223,000 after acquiring an additional 7,870 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of American Woodmark by 1,570.6% during the 4th quarter. Victory Capital Management Inc. now owns 257,440 shares of the company's stock worth $20,474,000 after purchasing an additional 242,030 shares during the period. Barclays PLC increased its position in American Woodmark by 267.9% during the 3rd quarter. Barclays PLC now owns 31,316 shares of the company's stock worth $2,927,000 after purchasing an additional 22,804 shares in the last quarter. Intech Investment Management LLC raised its holdings in American Woodmark by 70.5% in the fourth quarter. Intech Investment Management LLC now owns 13,664 shares of the company's stock valued at $1,087,000 after buying an additional 5,652 shares during the period. Finally, Franklin Resources Inc. lifted its position in American Woodmark by 249.1% during the third quarter. Franklin Resources Inc. now owns 101,746 shares of the company's stock valued at $9,572,000 after buying an additional 72,600 shares in the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the stock. Wolfe Research lowered shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a report on Tuesday, February 4th. Zelman & Associates restated an "underperform" rating on shares of American Woodmark in a research note on Monday, April 14th. Finally, StockNews.com downgraded American Woodmark from a "hold" rating to a "sell" rating in a report on Tuesday, April 22nd. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $114.00.
Get Our Latest Stock Report on AMWD
American Woodmark Trading Up 1.0 %
NASDAQ:AMWD opened at $58.22 on Friday. The stock has a market cap of $863.69 million, a price-to-earnings ratio of 8.70 and a beta of 1.31. American Woodmark Co. has a one year low of $52.20 and a one year high of $106.57. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. The business's 50-day simple moving average is $60.07 and its 200 day simple moving average is $77.28.
American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.32 by ($0.27). The business had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.
American Woodmark Profile
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Free Report)
American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order and cash and carry products. It also provides turnkey installation services to its direct builder customers through a network of eight service centers.
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