Russell Investments Group Ltd. Raises Stock Position in American Woodmark Co. (NASDAQ:AMWD)

Russell Investments Group Ltd. raised its position in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) by 630.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,439 shares of the company's stock after acquiring an additional 14,187 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.11% of American Woodmark worth $1,307,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in AMWD. Charles Schwab Investment Management Inc. raised its stake in American Woodmark by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company's stock valued at $24,223,000 after buying an additional 7,870 shares during the last quarter. Victory Capital Management Inc. increased its stake in American Woodmark by 1,570.6% during the 4th quarter. Victory Capital Management Inc. now owns 257,440 shares of the company's stock valued at $20,474,000 after purchasing an additional 242,030 shares in the last quarter. Barclays PLC raised its holdings in American Woodmark by 267.9% in the third quarter. Barclays PLC now owns 31,316 shares of the company's stock worth $2,927,000 after buying an additional 22,804 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of American Woodmark by 70.5% during 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 last quarter. Finally, Franklin Resources Inc. increased its position in shares of 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 acquiring an additional 72,600 shares in the last quarter. Institutional investors own 95.47% of the company's stock.

American Woodmark Stock Performance

American Woodmark stock traded down $0.03 during midday trading on Friday, hitting $57.65. The stock had a trading volume of 18,853 shares, compared to its average volume of 168,051. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40. American Woodmark Co. has a 52-week low of $52.20 and a 52-week high of $106.57. The company has a market capitalization of $855.16 million, a PE ratio of 8.60 and a beta of 1.31. The firm's fifty day moving average is $60.44 and its two-hundred day moving average is $77.61.

American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its quarterly 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). 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.

Analysts Set New Price Targets

Several analysts have commented on AMWD shares. Zelman & Associates reiterated an "underperform" rating on shares of American Woodmark in a research note on Monday, April 14th. Wolfe Research downgraded American Woodmark from an "outperform" rating to a "peer perform" rating in a report on Tuesday, February 4th. Finally, StockNews.com downgraded shares of American Woodmark from a "hold" rating to a "sell" rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, American Woodmark presently has an average rating of "Hold" and a consensus price target of $114.00.

About American Woodmark

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.