Point72 Asset Management L.P. Has $7.55 Million Position in American Woodmark Co. (NASDAQ:AMWD)

Point72 Asset Management L.P. lowered its holdings in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 44.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 94,900 shares of the company's stock after selling 75,965 shares during the period. Point72 Asset Management L.P. owned about 0.63% of American Woodmark worth $7,547,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in AMWD. Quarry LP grew its position in American Woodmark by 215.8% in the fourth quarter. Quarry LP now owns 379 shares of the company's stock worth $30,000 after buying an additional 259 shares during the last quarter. Sterling Capital Management LLC lifted its stake in shares of American Woodmark by 842.0% in the 4th quarter. Sterling Capital Management LLC now owns 471 shares of the company's stock valued at $37,000 after purchasing an additional 421 shares during the last quarter. KBC Group NV lifted its stake in shares of 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 during the last quarter. R Squared Ltd bought a new position in American Woodmark in the 4th quarter worth $87,000. Finally, KLP Kapitalforvaltning AS bought a new position in shares of American Woodmark during the 4th quarter worth about $239,000. Institutional investors own 95.47% of the company's stock.

American Woodmark Stock Down 0.8%

American Woodmark stock traded down $0.44 during mid-day trading on Friday, reaching $56.74. The company's stock had a trading volume of 91,025 shares, compared to its average volume of 169,864. The company has a market capitalization of $841.74 million, a price-to-earnings ratio of 8.48 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. The business's 50 day simple moving average is $58.36 and its 200 day simple moving average is $72.20. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93.

American Woodmark (NASDAQ:AMWD - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.32 by ($0.27). The company had revenue of $397.58 million for the quarter, compared to analyst estimates of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.

Analysts Set New Price Targets

A number of research firms recently weighed in on AMWD. Loop Capital lowered their target price on shares of American Woodmark from $100.00 to $75.00 and set a "buy" rating on the stock in a research note on Monday, April 28th. Wall Street Zen lowered shares of 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 report on Tuesday, February 4th. Finally, Zelman & Associates reiterated an "underperform" rating on shares of American Woodmark in a report on Monday, April 14th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, American Woodmark has a consensus rating of "Hold" and an average price target of $101.00.

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.