Louisiana State Employees Retirement System Makes New $761,000 Investment in American Woodmark Co. (NASDAQ:AMWD)

Louisiana State Employees Retirement System acquired a new stake in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 8,200 shares of the company's stock, valued at approximately $761,000.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of American Woodmark by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 1,616,710 shares of the company's stock valued at $122,239,000 after purchasing an additional 34,735 shares during the period. Pacer Advisors Inc. grew its holdings in American Woodmark by 49.6% during the fourth quarter. Pacer Advisors Inc. now owns 553,337 shares of the company's stock worth $51,377,000 after acquiring an additional 183,336 shares during the period. Invesco Ltd. raised its position in American Woodmark by 51.8% in the third quarter. Invesco Ltd. now owns 312,984 shares of the company's stock worth $23,665,000 after acquiring an additional 106,748 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in American Woodmark by 91.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 104,274 shares of the company's stock valued at $7,884,000 after acquiring an additional 49,903 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of American Woodmark by 24.4% during the 3rd quarter. AQR Capital Management LLC now owns 101,973 shares of the company's stock valued at $7,710,000 after purchasing an additional 20,019 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

Analysts Set New Price Targets

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

American Woodmark Trading Up 1.4 %

AMWD stock traded up $1.25 during mid-day trading on Friday, reaching $92.92. 73,627 shares of the stock traded hands, compared to its average volume of 109,162. The stock's fifty day moving average is $96.54 and its 200-day moving average is $88.08. The company has a market cap of $1.47 billion, a P/E ratio of 12.82 and a beta of 1.73. The company has a current ratio of 2.14, a quick ratio of 1.27 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 posted its quarterly earnings data on Thursday, February 29th. The company reported $1.66 EPS for the quarter, topping analysts' consensus estimates of $1.13 by $0.53. American Woodmark had a net margin of 6.38% and a return on equity of 16.72%. The firm had revenue of $422.10 million during the quarter, compared to analyst estimates of $394.56 million. During the same quarter last year, the business posted $1.46 EPS. The company's revenue was down 12.2% on a year-over-year basis. As a group, sell-side analysts expect that American Woodmark Co. will post 8.6 earnings per share 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.