Envestnet Asset Management Inc. Has $358,000 Position in American Woodmark Co. (NASDAQ:AMWD)

Envestnet Asset Management Inc. lessened its position in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 83.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,498 shares of the company's stock after selling 22,666 shares during the period. Envestnet Asset Management Inc.'s holdings in American Woodmark were worth $358,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. increased its position in shares of 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 buying an additional 270,644 shares in the last quarter. 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 acquiring an additional 242,030 shares in the last quarter. Norges Bank acquired a new stake in shares of American Woodmark during the fourth quarter worth about $5,675,000. First Eagle Investment Management LLC raised its position in shares of American Woodmark by 214.8% during the fourth quarter. First Eagle Investment Management LLC now owns 82,800 shares of the company's stock worth $6,585,000 after purchasing an additional 56,500 shares during the period. Finally, WINTON GROUP Ltd lifted its holdings in shares of American Woodmark by 483.0% during the 4th quarter. WINTON GROUP Ltd now owns 48,301 shares of the company's stock valued at $3,841,000 after purchasing an additional 40,016 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

American Woodmark Price Performance

NASDAQ AMWD opened at $59.61 on Tuesday. The firm's 50 day moving average is $58.55 and its 200-day moving average is $75.64. 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 company has a market capitalization of $884.31 million, a PE ratio of 8.91 and a beta of 1.34. American Woodmark Co. has a 12-month low of $52.20 and a 12-month high of $106.57.

American Woodmark (NASDAQ:AMWD - Get Free Report) last issued 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). American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The business had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million.

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.

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