Voloridge Investment Management LLC Grows Stock Holdings in American Woodmark Co. (NASDAQ:AMWD)

Voloridge Investment Management LLC boosted its stake in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) by 183.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,282 shares of the company's stock after buying an additional 28,023 shares during the quarter. Voloridge Investment Management LLC owned approximately 0.29% of American Woodmark worth $3,442,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMWD. Vident Advisory LLC raised its position in shares of American Woodmark by 4.6% in the 4th quarter. Vident Advisory LLC now owns 6,398 shares of the company's stock worth $509,000 after acquiring an additional 281 shares in the last quarter. Systematic Financial Management LP lifted its stake in American Woodmark by 3.6% in the fourth quarter. Systematic Financial Management LP now owns 342,452 shares of the company's stock valued at $27,235,000 after purchasing an additional 11,891 shares during the last quarter. Rafferty Asset Management LLC lifted its stake in American Woodmark by 27.5% in the fourth quarter. Rafferty Asset Management LLC now owns 4,500 shares of the company's stock valued at $358,000 after purchasing an additional 971 shares during the last quarter. ProShare Advisors LLC lifted its position in shares of American Woodmark by 44.6% during the fourth quarter. ProShare Advisors LLC now owns 4,696 shares of the company's stock worth $373,000 after acquiring an additional 1,448 shares in the last quarter. Finally, Nuveen Asset Management LLC lifted its position in shares of American Woodmark by 1.7% during the fourth quarter. Nuveen Asset Management LLC now owns 43,135 shares of the company's stock worth $3,431,000 after acquiring an additional 737 shares in the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

American Woodmark Stock Down 3.6%

Shares of NASDAQ AMWD traded down $2.10 on Friday, reaching $56.21. 223,936 shares of the company's stock traded hands, compared to its average volume of 170,015. American Woodmark Co. has a 12 month low of $52.20 and a 12 month high of $106.57. The business's 50 day simple moving average is $58.03 and its two-hundred day simple moving average is $70.69. The company has a market cap of $833.88 million, a price-to-earnings ratio of 8.40 and a beta of 1.34. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40.

American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. The company had revenue of $400.39 million during the quarter, compared to the consensus estimate of $427.39 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The firm's quarterly revenue was down 11.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.70 earnings per share.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Robert W. Baird decreased their price target on shares of American Woodmark from $75.00 to $68.00 and set an "outperform" rating on the stock in a report on Wednesday. Zelman & Associates reaffirmed an "underperform" rating on shares of American Woodmark in a research note on Monday, April 14th. Wall Street Zen cut American Woodmark from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. Loop Capital dropped their target price on shares of American Woodmark from $75.00 to $72.00 and set a "buy" rating for the company in a report on Friday. Finally, Wolfe Research lowered shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $83.33.

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.