Amundi Grows Stock Holdings in American Woodmark Co. (NASDAQ:AMWD)

Amundi lifted its position in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) by 175.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,552 shares of the company's stock after acquiring an additional 4,808 shares during the quarter. Amundi owned 0.05% of American Woodmark worth $582,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of AMWD. GSA Capital Partners LLP purchased a new position in American Woodmark during the 3rd quarter valued at about $297,000. Victory Capital Management Inc. lifted its stake in American Woodmark by 0.8% in the 3rd quarter. Victory Capital Management Inc. now owns 15,410 shares of the company's stock valued at $1,440,000 after buying an additional 117 shares in the last quarter. Intech Investment Management LLC acquired a new stake in American Woodmark during the 3rd quarter valued at $749,000. Foundry Partners LLC acquired a new position in shares of American Woodmark in the third quarter worth $3,747,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of American Woodmark by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 296,712 shares of the company's stock valued at $27,728,000 after acquiring an additional 4,118 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Loop Capital dropped their price objective on American Woodmark from $119.00 to $114.00 and set a "buy" rating for the company in a research report on Wednesday, November 27th. StockNews.com downgraded shares of American Woodmark from a "hold" rating to a "sell" rating in a report on Monday, March 3rd. Wolfe Research downgraded shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. Finally, Robert W. Baird raised their target price on shares of American Woodmark from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, American Woodmark presently has an average rating of "Hold" and a consensus target price of $114.00.

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Insider Activity

In other American Woodmark news, Director James G. Davis sold 1,250 shares of the business's stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $80.79, for a total transaction of $100,987.50. Following the completion of the sale, the director now owns 24,573 shares of the company's stock, valued at approximately $1,985,252.67. The trade was a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.30% of the company's stock.

American Woodmark Trading Up 3.9 %

AMWD traded up $2.30 during midday trading on Monday, hitting $61.08. The company's stock had a trading volume of 132,241 shares, compared to its average volume of 158,934. American Woodmark Co. has a 52-week low of $57.44 and a 52-week high of $106.57. The firm has a 50-day moving average price of $71.47 and a two-hundred day moving average price of $83.34. 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 firm has a market cap of $906.12 million, a P/E ratio of 9.13 and a beta of 1.58.

American Woodmark (NASDAQ:AMWD - Get Free Report) last released 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 company had revenue of $397.58 million during the quarter, compared to analysts' expectations of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.

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.