Foundry Partners LLC Purchases 7,193 Shares of American Woodmark Co. (NASDAQ:AMWD)

Foundry Partners LLC lifted its position in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) by 17.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 47,287 shares of the company's stock after buying an additional 7,193 shares during the quarter. Foundry Partners LLC owned approximately 0.31% of American Woodmark worth $3,761,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on AMWD. StockNews.com raised shares of American Woodmark from a "sell" rating to a "hold" rating in a research note on Thursday, March 27th. Wolfe Research lowered American Woodmark from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, February 4th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $114.00.

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American Woodmark Price Performance

American Woodmark stock traded down $0.70 during mid-day trading on Thursday, reaching $57.51. 65,412 shares of the company's stock traded hands, compared to its average volume of 167,534. American Woodmark Co. has a 12-month low of $52.20 and a 12-month high of $106.57. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. The stock has a 50 day moving average of $64.91 and a two-hundred day moving average of $80.25. The company has a market cap of $853.16 million, a price-to-earnings ratio of 8.54 and a beta of 1.31.

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

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.