Bank of New York Mellon Corp Has $8.94 Million Stock Position in American Woodmark Co. (NASDAQ:AMWD)

Bank of New York Mellon Corp trimmed its position in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 112,450 shares of the company's stock after selling 6,570 shares during the quarter. Bank of New York Mellon Corp owned about 0.75% of American Woodmark worth $8,943,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Victory Capital Management Inc. lifted its stake in shares of American Woodmark by 0.8% in the third quarter. Victory Capital Management Inc. now owns 15,410 shares of the company's stock worth $1,440,000 after buying an additional 117 shares during the last quarter. Y Intercept Hong Kong Ltd increased its position in American Woodmark by 4.2% during the third quarter. Y Intercept Hong Kong Ltd now owns 3,049 shares of the company's stock worth $285,000 after acquiring an additional 122 shares during the period. Glenmede Trust Co. NA increased its position in American Woodmark by 4.6% during the third quarter. Glenmede Trust Co. NA now owns 5,080 shares of the company's stock worth $475,000 after acquiring an additional 222 shares during the period. KBC Group NV increased its position in American Woodmark by 69.6% during the fourth quarter. KBC Group NV now owns 858 shares of the company's stock worth $68,000 after acquiring an additional 352 shares during the period. Finally, GAMMA Investing LLC increased its position in American Woodmark by 170.6% during 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. 95.47% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

AMWD has been the topic of a number of research reports. Robert W. Baird boosted 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. StockNews.com lowered shares of American Woodmark from a "hold" rating to a "sell" rating in a research report on Monday, March 3rd. Loop Capital lowered their price target on shares of American Woodmark from $119.00 to $114.00 and set a "buy" rating on the stock in a report on Wednesday, November 27th. Finally, Wolfe Research lowered shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a report on Tuesday, February 4th. 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's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $114.00.

American Woodmark Stock Performance

American Woodmark stock traded up $0.39 on Tuesday, hitting $60.10. The company's stock had a trading volume of 111,151 shares, compared to its average volume of 158,340. American Woodmark Co. has a one year low of $57.44 and a one year 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 company has a fifty day moving average price of $72.80 and a 200-day moving average price of $84.10. The firm has a market cap of $891.58 million, a P/E ratio of 8.98 and a beta of 1.58.

American Woodmark (NASDAQ:AMWD - Get Free Report) last issued its 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 net margin of 5.90% and a return on equity of 12.70%. The firm had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million.

Insider Activity

In other news, Director James G. Davis sold 1,679 shares of the business's stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $84.33, for a total value of $141,590.07. Following the sale, the director now owns 28,644 shares in the company, valued at approximately $2,415,548.52. The trade was a 5.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders have sold 5,750 shares of company stock worth $474,548. Corporate insiders own 1.30% of the company's stock.

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.