American Woodmark Corporation (NASDAQ:AMWD) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. raised its position in American Woodmark Corporation (NASDAQ:AMWD - Free Report) by 12.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 289,867 shares of the company's stock after purchasing an additional 32,427 shares during the period. Victory Capital Management Inc. owned about 1.95% of American Woodmark worth $17,053,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AMWD. Janney Montgomery Scott LLC lifted its position in shares of American Woodmark by 5.1% in the first quarter. Janney Montgomery Scott LLC now owns 17,093 shares of the company's stock valued at $1,006,000 after acquiring an additional 832 shares in the last quarter. SummerHaven Investment Management LLC boosted its stake in shares of American Woodmark by 1.9% during the first quarter. SummerHaven Investment Management LLC now owns 9,962 shares of the company's stock valued at $586,000 after acquiring an additional 185 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of American Woodmark by 32.9% during the first quarter. GAMMA Investing LLC now owns 795 shares of the company's stock valued at $47,000 after acquiring an additional 197 shares during the last quarter. First Hawaiian Bank boosted its stake in shares of American Woodmark by 77.0% during the first quarter. First Hawaiian Bank now owns 10,566 shares of the company's stock valued at $622,000 after acquiring an additional 4,595 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of American Woodmark during the fourth quarter valued at $4,011,000. Institutional investors and hedge funds own 95.47% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Loop Capital decreased their price objective on American Woodmark from $75.00 to $72.00 and set a "buy" rating on the stock in a research note on Friday, May 30th. Wall Street Zen lowered American Woodmark from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. Zelman & Associates reissued an "underperform" rating on shares of American Woodmark in a research note on Monday, April 14th. Finally, Robert W. Baird decreased their price target on American Woodmark from $75.00 to $68.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 28th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, American Woodmark has an average rating of "Hold" and a consensus target price of $83.33.

American Woodmark Trading Up 0.5%

NASDAQ:AMWD traded up $0.30 during mid-day trading on Friday, reaching $55.90. The company's stock had a trading volume of 61,294 shares, compared to its average volume of 137,410. The company's fifty day simple moving average is $54.90 and its two-hundred day simple moving average is $61.91. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.99 and a quick ratio of 1.02. American Woodmark Corporation has a twelve month low of $50.00 and a twelve month high of $106.57. The stock has a market cap of $810.55 million, a P/E ratio of 8.63 and a beta of 1.21.

American Woodmark (NASDAQ:AMWD - Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The company reported $1.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. The firm had revenue of $400.39 million for the quarter, compared to analyst estimates of $427.39 million. American Woodmark had a return on equity of 11.09% and a net margin of 5.82%. The firm's quarterly revenue was down 11.7% on a year-over-year basis. During the same period last year, the company earned $1.70 EPS.

American Woodmark Company 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.