Dimensional Fund Advisors LP decreased its position in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 2.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,151,525 shares of the company's stock after selling 29,311 shares during the period. Dimensional Fund Advisors LP owned about 7.65% of American Woodmark worth $91,582,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of the company. CANADA LIFE ASSURANCE Co raised its stake in shares of American Woodmark by 1.3% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 15,420 shares of the company's stock valued at $1,227,000 after purchasing an additional 200 shares in the last quarter. KBC Group NV raised its stake in shares of 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 buying an additional 352 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of 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 acquiring an additional 377 shares during the period. Sterling Capital Management LLC boosted its position in shares of American Woodmark by 842.0% during the 4th quarter. Sterling Capital Management LLC now owns 471 shares of the company's stock valued at $37,000 after acquiring an additional 421 shares in the last quarter. Finally, Sei Investments Co. increased its stake 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 acquiring an additional 772 shares during the period. 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 downgraded American Woodmark from a "hold" rating to a "sell" rating in a report on Tuesday, April 22nd. Zelman & Associates restated an "underperform" rating on shares of American Woodmark in a research report on Monday, April 14th. Loop Capital lowered their price target on American Woodmark from $100.00 to $75.00 and set a "buy" rating on the stock in a research report on Monday, April 28th. Finally, Wolfe Research cut American Woodmark from an "outperform" rating to a "peer perform" rating in a report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, American Woodmark presently has an average rating of "Hold" and an average target price of $101.00.
Get Our Latest Stock Report on AMWD
American Woodmark Price Performance
Shares of NASDAQ:AMWD traded up $1.23 during trading on Friday, reaching $60.49. The stock had a trading volume of 88,764 shares, compared to its average volume of 169,312. The stock has a market capitalization of $897.37 million, a PE ratio of 9.04 and a beta of 1.34. American Woodmark Co. has a 52 week low of $52.20 and a 52 week high of $106.57. The business's 50-day moving average price is $58.78 and its 200 day moving average price is $75.93. 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 posted 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 return on equity of 12.70% and a net margin of 5.90%. The business had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million.
American Woodmark Profile
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Free Report)
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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