Aquatic Capital Management LLC Makes New Investment in American Woodmark Co. (NASDAQ:AMWD)

Aquatic Capital Management LLC purchased a new position in American Woodmark Co. (NASDAQ:AMWD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,520 shares of the company's stock, valued at approximately $519,000.

Other hedge funds also recently bought and sold shares of the company. Sterling Capital Management LLC raised 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 buying an additional 421 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of American Woodmark by 170.6% in the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company's stock worth $48,000 after purchasing an additional 377 shares during the period. KBC Group NV increased 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 valued at $68,000 after purchasing an additional 352 shares during the last quarter. R Squared Ltd purchased a new stake in American Woodmark during the 4th quarter valued at $87,000. Finally, KLP Kapitalforvaltning AS bought a new stake in American Woodmark in the fourth quarter worth $239,000. Hedge funds and other institutional investors own 95.47% of the company's stock.

Analyst Upgrades and Downgrades

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

American Woodmark Stock Down 1.5 %

NASDAQ:AMWD traded down $0.88 during mid-day trading on Monday, reaching $59.61. The company's stock had a trading volume of 91,311 shares, compared to its average volume of 169,000. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $884.31 million, a PE ratio of 8.91 and a beta of 1.34. The stock has a fifty day moving average of $58.78 and a 200-day moving average of $75.93. 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 quarterly earnings results on Thursday, February 27th. The company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.27). The business had revenue of $397.58 million during the quarter, compared to analysts' expectations of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.

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.