Northern Trust Corp Has $17.33 Million Stock Position in American Woodmark Co. (NASDAQ:AMWD)

Northern Trust Corp raised its stake in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) by 9.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 217,945 shares of the company's stock after buying an additional 18,403 shares during the quarter. Northern Trust Corp owned about 1.45% of American Woodmark worth $17,333,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its holdings in American Woodmark by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company's stock valued at $24,223,000 after acquiring an additional 7,870 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of American Woodmark by 1,570.6% during the fourth quarter. Victory Capital Management Inc. now owns 257,440 shares of the company's stock worth $20,474,000 after acquiring an additional 242,030 shares during the last quarter. Barclays PLC increased its position in shares of American Woodmark by 267.9% during the third quarter. Barclays PLC now owns 31,316 shares of the company's stock worth $2,927,000 after acquiring an additional 22,804 shares during the last quarter. Intech Investment Management LLC increased its position in shares of American Woodmark by 70.5% during the fourth quarter. Intech Investment Management LLC now owns 13,664 shares of the company's stock worth $1,087,000 after acquiring an additional 5,652 shares during the last quarter. Finally, First Eagle Investment Management LLC increased its position in shares of American Woodmark by 214.8% during the fourth quarter. First Eagle Investment Management LLC now owns 82,800 shares of the company's stock worth $6,585,000 after acquiring an additional 56,500 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

American Woodmark Stock Down 0.7%

American Woodmark stock traded down $0.42 during mid-day trading on Tuesday, hitting $60.59. 836 shares of the company's stock were exchanged, compared to its average volume of 170,270. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40. The stock has a market cap of $898.85 million, a P/E ratio of 9.06 and a beta of 1.34. American Woodmark Co. has a 1-year low of $52.20 and a 1-year high of $106.57. The stock has a 50 day moving average of $58.46 and a two-hundred day moving average of $73.29.

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). American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The firm had revenue of $397.58 million during the quarter, compared to the consensus estimate of $405.72 million.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AMWD. StockNews.com raised American Woodmark from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. Zelman & Associates restated an "underperform" rating on shares of American Woodmark in a research note on Monday, April 14th. Loop Capital decreased their target price on American Woodmark from $100.00 to $75.00 and set a "buy" rating for the company in a research note on Monday, April 28th. Finally, Wolfe Research downgraded American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $101.00.

American Woodmark 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.