Vanguard Group Inc. Decreases Stock Holdings in American Woodmark Co. (NASDAQ:AMWD)

Vanguard Group Inc. lessened its holdings in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,646,217 shares of the company's stock after selling 27,352 shares during the quarter. Vanguard Group Inc. owned 10.94% of American Woodmark worth $130,924,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. KLP Kapitalforvaltning AS bought a new stake in shares of American Woodmark in the 4th quarter valued at about $239,000. Sei Investments Co. lifted its position in American Woodmark by 9.6% in the fourth quarter. Sei Investments Co. now owns 8,834 shares of the company's stock valued at $703,000 after purchasing an additional 772 shares during the last quarter. Quantbot Technologies LP boosted its stake in shares of American Woodmark by 26.6% during the fourth quarter. Quantbot Technologies LP now owns 20,591 shares of the company's stock valued at $1,638,000 after purchasing an additional 4,329 shares during the period. Intech Investment Management LLC grew its holdings in shares of American Woodmark by 70.5% in the fourth quarter. Intech Investment Management LLC now owns 13,664 shares of the company's stock worth $1,087,000 after purchasing an additional 5,652 shares during the last quarter. Finally, First Eagle Investment Management LLC increased its stake in shares of American Woodmark by 214.8% in the fourth quarter. First Eagle Investment Management LLC now owns 82,800 shares of the company's stock worth $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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American Woodmark Stock Down 0.3 %

American Woodmark stock traded down $0.17 during trading hours on Friday, hitting $57.98. 191,186 shares of the stock traded hands, compared to its average volume of 168,683. The company has a market cap of $860.13 million, a PE ratio of 8.67 and a beta of 1.31. 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's 50-day moving average price is $64.22 and its two-hundred day moving average price is $79.80. American Woodmark Co. has a one year low of $52.20 and a one year high of $106.57.

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

Analysts Set New Price Targets

AMWD has been the topic of a number of recent analyst reports. StockNews.com raised shares of American Woodmark from a "sell" rating to a "hold" rating in a report on Thursday, March 27th. Wolfe Research cut American Woodmark from an "outperform" rating to a "peer perform" rating in a report on Tuesday, February 4th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $114.00.

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.