American Woodmark Co. (NASDAQ:AMWD) Stock Holdings Trimmed by Teacher Retirement System of Texas

Teacher Retirement System of Texas reduced its stake in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 29.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 16,366 shares of the company's stock after selling 6,736 shares during the quarter. Teacher Retirement System of Texas owned 0.11% of American Woodmark worth $1,302,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Victory Capital Management Inc. lifted 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 worth $20,474,000 after acquiring an additional 242,030 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of American Woodmark in the third quarter valued at approximately $15,967,000. Hotchkis & Wiley Capital Management LLC purchased a new stake in American Woodmark during the 3rd quarter worth approximately $9,195,000. Franklin Resources Inc. raised its stake in shares of American Woodmark by 249.1% in 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. Finally, First Eagle Investment Management LLC boosted its stake in shares of American Woodmark by 214.8% in the 4th quarter. First Eagle Investment Management LLC now owns 82,800 shares of the company's stock valued at $6,585,000 after buying an additional 56,500 shares during the period. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

Several brokerages have recently weighed in on AMWD. StockNews.com raised American Woodmark from a "sell" rating to a "hold" rating in a research report on Thursday. Wolfe Research cut 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 given a buy rating to the company's stock. According to data from MarketBeat.com, American Woodmark has an average rating of "Hold" and a consensus target price of $114.00.

American Woodmark Trading Down 0.5 %

Shares of NASDAQ AMWD traded down $0.32 during trading on Monday, hitting $58.83. 129,288 shares of the company traded hands, compared to its average volume of 164,910. The company has a 50-day moving average price of $69.62 and a 200-day moving average price of $82.53. The firm has a market capitalization of $872.74 million, a P/E ratio of 8.79 and a beta of 1.58. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. American Woodmark Co. has a 1 year low of $57.44 and a 1 year high of $106.57.

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

American Woodmark 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.