American Woodmark Co. (NASDAQ:AMWD) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN decreased its position in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) by 52.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,166 shares of the company's stock after selling 11,016 shares during the period. Wells Fargo & Company MN owned 0.07% of American Woodmark worth $809,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in American Woodmark by 170.6% during the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company's stock valued at $48,000 after purchasing an additional 377 shares in the last quarter. KBC Group NV raised its stake in American Woodmark by 69.6% in the 4th quarter. KBC Group NV now owns 858 shares of the company's stock worth $68,000 after acquiring an additional 352 shares during the last quarter. R Squared Ltd acquired a new stake in American Woodmark during the 4th quarter worth about $87,000. Wilmington Savings Fund Society FSB purchased a new position in shares of American Woodmark in the third quarter worth about $266,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in American Woodmark in the fourth quarter valued at approximately $239,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

American Woodmark Price Performance

American Woodmark stock traded down $0.57 during trading on Tuesday, reaching $59.04. The company had a trading volume of 72,150 shares, compared to its average volume of 169,013. The firm has a market capitalization of $875.86 million, a PE ratio of 8.83 and a beta of 1.34. The firm's 50-day simple moving average is $58.50 and its 200 day simple moving average is $75.52. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. American Woodmark Co. has a 1-year low of $52.20 and a 1-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 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.27). American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The company had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million.

About American Woodmark

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.