Cubist Systematic Strategies LLC Takes $1.62 Million Position in American Woodmark Co. (NASDAQ:AMWD)

Cubist Systematic Strategies LLC purchased a new position in American Woodmark Co. (NASDAQ:AMWD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 20,394 shares of the company's stock, valued at approximately $1,622,000. Cubist Systematic Strategies LLC owned about 0.14% of American Woodmark at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Pzena Investment Management LLC lifted its holdings in shares of American Woodmark by 1.2% in the 4th 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 last quarter. Franklin Resources Inc. lifted its stake in American Woodmark by 266.0% in the fourth quarter. Franklin Resources Inc. now owns 372,390 shares of the company's stock worth $29,616,000 after purchasing an additional 270,644 shares during 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 valued at $24,223,000 after buying an additional 7,870 shares during the period. LSV Asset Management grew its stake in shares of American Woodmark by 4.2% during the fourth quarter. LSV Asset Management now owns 264,952 shares of the company's stock valued at $21,072,000 after buying an additional 10,605 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of American Woodmark by 1,570.6% in the fourth quarter. Victory Capital Management Inc. now owns 257,440 shares of the company's stock worth $20,474,000 after buying an additional 242,030 shares during the period. Institutional investors own 95.47% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Loop Capital dropped their target price on American Woodmark from $100.00 to $75.00 and set a "buy" rating for the company in a report on Monday, April 28th. StockNews.com raised shares of American Woodmark from a "sell" rating to a "hold" rating in a research report on Tuesday. Zelman & Associates reissued an "underperform" rating on shares of American Woodmark in a report on Monday, April 14th. Finally, Wolfe Research downgraded shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, American Woodmark currently has an average rating of "Hold" and a consensus target price of $101.00.

American Woodmark Trading Up 1.7%

Shares of AMWD traded up $1.04 during mid-day trading on Friday, hitting $61.55. 118,698 shares of the company's stock traded hands, compared to its average volume of 170,961. 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 $913.09 million, a P/E ratio of 9.20 and a beta of 1.34. The business's 50-day moving average price is $58.36 and its 200-day moving average price is $73.96. 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 (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.27). The company had revenue of $397.58 million for the quarter, compared to analysts' expectations of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.

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.