Cooke & Bieler LP Trims Stake in American Woodmark Co. (NASDAQ:AMWD)

Cooke & Bieler LP lessened its holdings in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 8.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 889,270 shares of the company's stock after selling 77,110 shares during the period. Cooke & Bieler LP owned 5.42% of American Woodmark worth $82,569,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mariner LLC increased its stake in American Woodmark by 3.6% in the fourth quarter. Mariner LLC now owns 5,331 shares of the company's stock valued at $260,000 after acquiring an additional 183 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in American Woodmark by 72.6% in the first quarter. Tower Research Capital LLC TRC now owns 492 shares of the company's stock valued at $26,000 after acquiring an additional 207 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in American Woodmark by 1.3% in the first quarter. Envestnet Asset Management Inc. now owns 19,729 shares of the company's stock valued at $1,027,000 after acquiring an additional 245 shares during the last quarter. Bank of Montreal Can increased its stake in American Woodmark by 6.2% in the first quarter. Bank of Montreal Can now owns 4,824 shares of the company's stock valued at $257,000 after acquiring an additional 282 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its stake in American Woodmark by 13.6% in the third quarter. Public Employees Retirement System of Ohio now owns 2,382 shares of the company's stock valued at $104,000 after acquiring an additional 285 shares during the last quarter. Hedge funds and other institutional investors own 95.47% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on AMWD shares. Robert W. Baird increased their target price on American Woodmark from $120.00 to $122.00 and gave the company an "outperform" rating in a research note on Friday, March 1st. StockNews.com cut American Woodmark from a "buy" rating to a "hold" rating in a research note on Saturday, March 9th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $93.25.

American Woodmark Trading Up 0.1 %

Shares of AMWD traded up $0.10 during trading hours on Friday, hitting $90.20. The company had a trading volume of 150,242 shares, compared to its average volume of 94,974. The firm has a market cap of $1.43 billion, a P/E ratio of 12.44 and a beta of 1.73. The stock's 50 day moving average price is $96.62 and its 200 day moving average price is $87.51. The company has a quick ratio of 1.27, a current ratio of 2.14 and a debt-to-equity ratio of 0.41. American Woodmark Co. has a 52-week low of $47.98 and a 52-week high of $104.28.

American Woodmark (NASDAQ:AMWD - Get Free Report) last released its quarterly earnings data on Thursday, February 29th. The company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.13 by $0.53. The firm had revenue of $422.10 million for the quarter, compared to the consensus estimate of $394.56 million. American Woodmark had a return on equity of 16.72% and a net margin of 6.38%. The company's quarterly revenue was down 12.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.46 earnings per share. On average, research analysts predict that American Woodmark Co. will post 8.6 EPS for the current year.

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.