JPMorgan Chase & Co. Has $5.08 Million Stock Position in American Woodmark Co. (NASDAQ:AMWD)

JPMorgan Chase & Co. raised its stake in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 37.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,875 shares of the company's stock after buying an additional 17,412 shares during the period. JPMorgan Chase & Co. owned 0.42% of American Woodmark worth $5,080,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. KBC Group NV boosted its position in shares of American Woodmark by 69.6% during the 4th quarter. KBC Group NV now owns 858 shares of the company's stock worth $68,000 after purchasing an additional 352 shares in the last quarter. GAMMA Investing LLC lifted its position in American Woodmark by 170.6% in the fourth quarter. GAMMA Investing LLC now owns 598 shares of the company's stock valued at $48,000 after purchasing an additional 377 shares during the last quarter. Sei Investments Co. grew its position in shares of American Woodmark by 9.6% in the 4th quarter. Sei Investments Co. now owns 8,834 shares of the company's stock worth $703,000 after buying an additional 772 shares during the last quarter. Rhumbline Advisers raised its position in shares of American Woodmark by 2.0% in the 4th quarter. Rhumbline Advisers now owns 49,008 shares of the company's stock worth $3,898,000 after acquiring an additional 941 shares in the last quarter. Finally, R Squared Ltd bought a new position in shares of American Woodmark during the fourth quarter valued at approximately $87,000. Institutional investors own 95.47% of the company's stock.

American Woodmark Stock Performance

Shares of NASDAQ AMWD opened at $56.31 on Friday. 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 company has a 50 day simple moving average of $62.13 and a two-hundred day simple moving average of $78.62. American Woodmark Co. has a 12 month low of $52.20 and a 12 month high of $106.57. The stock has a market cap of $835.36 million, a price-to-earnings ratio of 8.42 and a beta of 1.31.

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). The company had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Zelman & Associates reaffirmed an "underperform" rating on shares of American Woodmark in a research report on Monday, April 14th. StockNews.com upgraded shares of American Woodmark from a "sell" rating to a "hold" rating in a report on Thursday, March 27th. Finally, Wolfe Research downgraded shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $114.00.

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.

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