Wellington Management Group LLP Reduces Holdings in American Woodmark Co. (NASDAQ:AMWD)

Wellington Management Group LLP reduced its position in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 21.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 423,174 shares of the company's stock after selling 114,296 shares during the quarter. Wellington Management Group LLP owned about 2.81% of American Woodmark worth $33,655,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in shares of American Woodmark by 170.6% in the fourth quarter. GAMMA Investing LLC now owns 598 shares of the company's stock valued at $48,000 after acquiring an additional 377 shares in the last quarter. KBC Group NV boosted its holdings in American Woodmark by 69.6% in the 4th quarter. KBC Group NV now owns 858 shares of the company's stock valued at $68,000 after purchasing an additional 352 shares in the last quarter. R Squared Ltd purchased a new stake in American Woodmark in the 4th quarter valued at approximately $87,000. Point72 DIFC Ltd acquired a new position in American Woodmark during the 3rd quarter worth approximately $204,000. Finally, EP Wealth Advisors LLC purchased a new position in shares of American Woodmark during the 3rd quarter worth approximately $250,000. Hedge funds and other institutional investors own 95.47% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AMWD. Wolfe Research downgraded American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. StockNews.com upgraded shares of American Woodmark from a "sell" rating to a "hold" rating in a research report on Thursday, March 27th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, American Woodmark presently has a consensus rating of "Hold" and an average price target of $114.00.

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American Woodmark Price Performance

Shares of NASDAQ:AMWD traded down $0.17 during trading on Friday, hitting $57.98. 191,186 shares of the stock were exchanged, compared to its average volume of 168,683. The company has a market cap of $860.13 million, a PE ratio of 8.67 and a beta of 1.31. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40. The company has a fifty day moving average price of $64.22 and a two-hundred day moving average price of $79.80. American Woodmark Co. has a 12-month low of $52.20 and a 12-month high of $106.57.

American Woodmark (NASDAQ:AMWD - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $1.05 EPS for the quarter, missing analysts' consensus estimates of $1.32 by ($0.27). The firm had revenue of $397.58 million for the quarter, compared to analysts' expectations of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.

American Woodmark Company Profile

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.