Two Sigma Investments LP lowered its position in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 52.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Systematic Financial Management LP increased its position 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 worth $27,235,000 after acquiring an additional 11,891 shares during the last quarter. Rafferty Asset Management LLC increased its holdings in American Woodmark by 27.5% during the 4th quarter. Rafferty Asset Management LLC now owns 4,500 shares of the company's stock worth $358,000 after purchasing an additional 971 shares during the last quarter. ProShare Advisors LLC increased its holdings in American Woodmark by 44.6% during the 4th quarter. ProShare Advisors LLC now owns 4,696 shares of the company's stock worth $373,000 after purchasing an additional 1,448 shares during the last quarter. Nuveen Asset Management LLC raised its position in shares of American Woodmark by 1.7% in the 4th quarter. Nuveen Asset Management LLC now owns 43,135 shares of the company's stock valued at $3,431,000 after purchasing an additional 737 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of American Woodmark by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,861 shares of the company's stock valued at $705,000 after buying an additional 325 shares during the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts recently issued reports on AMWD shares. Zelman & Associates restated an "underperform" rating on shares of American Woodmark in a research note on Monday, April 14th. Robert W. Baird decreased their price objective on shares of American Woodmark from $75.00 to $68.00 and set an "outperform" rating for the company in a report on Wednesday, May 28th. Wall Street Zen downgraded shares of American Woodmark from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. Finally, Loop Capital cut their target price on shares of American Woodmark from $75.00 to $72.00 and set a "buy" rating on the stock in a research note on Friday, May 30th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $83.33.
View Our Latest Stock Report on AMWD
American Woodmark Stock Performance
Shares of NASDAQ AMWD traded down $0.32 during trading on Thursday, reaching $54.90. The stock had a trading volume of 22,749 shares, compared to its average volume of 168,388. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. The stock has a market cap of $814.44 million, a PE ratio of 8.21 and a beta of 1.25. American Woodmark Co. has a one year low of $52.20 and a one year high of $106.57. The firm's 50 day moving average price is $57.42 and its two-hundred day moving average price is $68.81.
American Woodmark (NASDAQ:AMWD - Get Free Report) last released its quarterly earnings data on Thursday, May 29th. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.16. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The firm had revenue of $400.39 million for the quarter, compared to analyst estimates of $427.39 million. During the same quarter in the prior year, the business earned $1.70 earnings per share. American Woodmark's quarterly revenue was down 11.7% on a year-over-year basis.
About American Woodmark
(
Free Report)
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.
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