12,900 Shares in American Woodmark Co. (NASDAQ:AMWD) Bought by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board purchased a new stake in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 12,900 shares of the company's stock, valued at approximately $1,026,000. Canada Pension Plan Investment Board owned about 0.09% of American Woodmark as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Pzena Investment Management LLC grew its holdings in American Woodmark by 1.2% during the fourth quarter. Pzena Investment Management LLC now owns 489,517 shares of the company's stock worth $38,931,000 after acquiring an additional 5,955 shares during the period. Franklin Resources Inc. lifted its holdings in American Woodmark by 266.0% in the 4th quarter. Franklin Resources Inc. now owns 372,390 shares of the company's stock valued at $29,616,000 after purchasing an additional 270,644 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in American Woodmark by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company's stock worth $24,223,000 after acquiring an additional 7,870 shares during the last quarter. LSV Asset Management grew its position in shares of American Woodmark by 4.2% in the fourth quarter. LSV Asset Management now owns 264,952 shares of the company's stock valued at $21,072,000 after purchasing an additional 10,605 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in American Woodmark by 1,570.6% in the 4th quarter. Victory Capital Management Inc. now owns 257,440 shares of the company's stock valued at $20,474,000 after buying an additional 242,030 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

Analysts Set New Price Targets

AMWD has been the subject of a number of recent analyst reports. Zelman & Associates restated an "underperform" rating on shares of American Woodmark in a report on Monday, April 14th. 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 American Woodmark from a "hold" rating to a "sell" rating in a research report on Tuesday, April 22nd. Finally, Loop Capital lowered their target price on shares of American Woodmark from $100.00 to $75.00 and set a "buy" rating for the company in a research note on Monday. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $101.00.

American Woodmark Stock Performance

Shares of NASDAQ AMWD traded down $0.07 during trading hours on Wednesday, reaching $59.00. The stock had a trading volume of 146,941 shares, compared to its average volume of 169,363. The firm has a market cap of $875.27 million, a price-to-earnings ratio of 8.82 and a beta of 1.31. American Woodmark Co. has a fifty-two week low of $52.20 and a fifty-two week high of $106.57. The firm has a 50-day moving average of $59.23 and a 200-day moving average of $76.70. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40.

American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its 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 for the quarter, compared to analyst estimates 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.