American Woodmark Co. (NASDAQ:AMWD) Position Trimmed by Two Sigma Investments LP

Two Sigma Investments LP lowered its stake in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) by 52.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,191 shares of the company's stock after selling 5,821 shares during the quarter. Two Sigma Investments LP's holdings in American Woodmark were worth $413,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Pzena Investment Management LLC boosted its holdings in shares of American Woodmark by 1.2% in the 4th quarter. Pzena Investment Management LLC now owns 489,517 shares of the company's stock valued at $38,931,000 after buying an additional 5,955 shares during the period. Franklin Resources Inc. boosted its stake in American Woodmark by 266.0% in the fourth quarter. Franklin Resources Inc. now owns 372,390 shares of the company's stock valued at $29,616,000 after acquiring an additional 270,644 shares during the period. Systematic Financial Management LP grew its holdings in shares of American Woodmark by 3.6% during 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. Charles Schwab Investment Management Inc. raised its position in shares of American Woodmark by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company's stock worth $24,223,000 after purchasing an additional 7,870 shares during the period. Finally, LSV Asset Management lifted its holdings in shares of American Woodmark by 4.2% in the 4th quarter. LSV Asset Management now owns 264,952 shares of the company's stock worth $21,072,000 after purchasing an additional 10,605 shares during the last quarter. Institutional investors own 95.47% of the company's stock.

Wall Street Analyst Weigh In

AMWD has been the subject of several analyst reports. Zelman & Associates reissued an "underperform" rating on shares of American Woodmark in a report on Monday, April 14th. Wall Street Zen lowered shares of American Woodmark from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. Loop Capital reduced their price objective on American Woodmark from $75.00 to $72.00 and set a "buy" rating for the company in a research report on Friday, May 30th. Finally, Robert W. Baird decreased their price objective on American Woodmark from $75.00 to $68.00 and set an "outperform" rating for the company in a report on Wednesday, May 28th. Two investment 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. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $83.33.

American Woodmark Price Performance

AMWD traded down $2.33 on Friday, reaching $52.91. The company had a trading volume of 139,359 shares, compared to its average volume of 168,787. American Woodmark Co. has a one year low of $52.20 and a one year high of $106.57. The company has a market capitalization of $784.92 million, a P/E ratio of 7.91 and a beta of 1.25. The company has a fifty day moving average of $57.41 and a 200-day moving average of $68.49. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40.

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

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.