114,000 Shares in American Woodmark Co. (NASDAQ:AMWD) Purchased by Atlas FRM LLC

Atlas FRM LLC bought a new position in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 114,000 shares of the company's stock, valued at approximately $9,066,000. American Woodmark makes up 0.9% of Atlas FRM LLC's holdings, making the stock its 10th largest position. Atlas FRM LLC owned about 0.76% of American Woodmark at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Quarry LP boosted its stake in shares of American Woodmark by 215.8% during the 4th quarter. Quarry LP now owns 379 shares of the company's stock worth $30,000 after acquiring an additional 259 shares in the last quarter. Sterling Capital Management LLC boosted 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 purchasing an additional 421 shares in the last quarter. GAMMA Investing LLC grew its holdings 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. KBC Group NV increased its position in shares of American Woodmark by 69.6% in the fourth quarter. KBC Group NV now owns 858 shares of the company's stock valued at $68,000 after buying an additional 352 shares in the last quarter. Finally, R Squared Ltd acquired a new position in shares of American Woodmark during the 4th quarter worth $87,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

American Woodmark Trading Up 2.1 %

AMWD stock traded up $1.23 during midday trading on Friday, hitting $60.49. The stock had a trading volume of 88,764 shares, compared to its average volume of 169,312. The company's 50-day moving average price is $58.78 and its 200 day moving average price is $76.09. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.05. The firm has a market cap of $897.37 million, a PE ratio of 9.04 and a beta of 1.34. American Woodmark Co. has a 12-month low of $52.20 and a 12-month high of $106.57.

American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $405.72 million.

Analyst Ratings Changes

Several research firms have weighed in on AMWD. Zelman & Associates restated an "underperform" rating on shares of American Woodmark in a report on Monday, April 14th. Wolfe Research cut shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. Loop Capital reduced their target price on American Woodmark from $100.00 to $75.00 and set a "buy" rating on the stock in a research note on Monday, April 28th. Finally, StockNews.com downgraded American Woodmark from a "hold" rating to a "sell" rating in a research report on Tuesday, April 22nd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $101.00.

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.