Canada Pension Plan Investment Board Buys Shares of 12,900 American Woodmark Co. (NASDAQ:AMWD)

Canada Pension Plan Investment Board bought a new position in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 12,900 shares of the company's stock, valued at approximately $1,026,000. Canada Pension Plan Investment Board owned about 0.09% of American Woodmark as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Sterling Capital Management LLC lifted its position in American Woodmark by 842.0% during the fourth quarter. Sterling Capital Management LLC now owns 471 shares of the company's stock worth $37,000 after acquiring an additional 421 shares during the last quarter. GAMMA Investing LLC lifted its holdings in American Woodmark by 170.6% during the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company's stock worth $48,000 after purchasing an additional 377 shares during the last quarter. 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 valued at $68,000 after purchasing an additional 352 shares during the period. R Squared Ltd acquired a new position in American Woodmark in the 4th quarter valued at $87,000. Finally, KLP Kapitalforvaltning AS bought a new position in American Woodmark during the 4th quarter worth $239,000. Institutional investors own 95.47% of the company's stock.

Analysts Set New Price Targets

AMWD has been the topic of a number of recent research reports. StockNews.com lowered shares of American Woodmark from a "hold" rating to a "sell" rating in a research report on Tuesday, April 22nd. Wolfe Research cut American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. Zelman & Associates restated an "underperform" rating on shares of American Woodmark in a research note on Monday, April 14th. Finally, Loop Capital cut their target price on American Woodmark from $100.00 to $75.00 and set a "buy" rating for the company in a research report on Monday. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $101.00.

American Woodmark Price Performance

AMWD traded up $0.96 during trading on Tuesday, hitting $59.09. 49,502 shares of the stock traded hands, compared to its average volume of 157,780. The business has a 50 day moving average price of $59.75 and a 200 day moving average price of $76.95. The company has a market cap of $876.53 million, a price-to-earnings ratio of 8.83 and a beta of 1.31. American Woodmark Co. has a twelve month low of $52.20 and a twelve month high of $106.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.05.

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

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.