Jane Street Group LLC Trims Stock Position in American Woodmark Co. (NASDAQ:AMWD)

Jane Street Group LLC lessened its holdings in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) by 53.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,852 shares of the company's stock after selling 25,488 shares during the period. Jane Street Group LLC owned approximately 0.15% of American Woodmark worth $1,738,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Barclays PLC increased its holdings in American Woodmark by 267.9% in the third quarter. Barclays PLC now owns 31,316 shares of the company's stock valued at $2,927,000 after buying an additional 22,804 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of American Woodmark by 34.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 46,463 shares of the company's stock worth $4,342,000 after acquiring an additional 11,975 shares during the period. KBC Group NV increased its stake in American Woodmark by 69.6% in 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 in the last quarter. R Squared Ltd acquired a new position in American Woodmark during the fourth quarter worth $87,000. Finally, Hantz Financial Services Inc. raised its holdings in American Woodmark by 122.2% during the fourth quarter. Hantz Financial Services Inc. now owns 4,370 shares of the company's stock worth $348,000 after purchasing an additional 2,403 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. StockNews.com lowered American Woodmark from a "hold" rating to a "sell" rating in a report on Wednesday. Wolfe Research lowered shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, February 4th. Loop Capital dropped their target price on shares of American Woodmark from $100.00 to $75.00 and set a "buy" rating for the company in a report on Monday, April 28th. Finally, Zelman & Associates restated an "underperform" rating on shares of American Woodmark in a research report on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, American Woodmark currently has a consensus rating of "Hold" and an average target price of $101.00.

American Woodmark Price Performance

NASDAQ:AMWD traded down $2.77 during trading hours on Wednesday, reaching $57.49. 194,224 shares of the company traded hands, compared to its average volume of 171,152. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.05. The firm's 50-day moving average is $58.46 and its 200-day moving average is $73.29. The stock has a market cap of $852.86 million, a P/E ratio of 8.59 and a beta of 1.34. 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 issued its quarterly earnings data 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 during 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%.

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.