American Woodmark Co. (NASDAQ:AMWD) Shares Purchased by Northern Trust Corp

Northern Trust Corp raised its holdings in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 9.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 217,945 shares of the company's stock after purchasing an additional 18,403 shares during the period. Northern Trust Corp owned 1.45% of American Woodmark worth $17,333,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 purchasing an additional 7,870 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of American Woodmark by 1,570.6% in the fourth quarter. Victory Capital Management Inc. now owns 257,440 shares of the company's stock valued at $20,474,000 after purchasing an additional 242,030 shares in the last quarter. Barclays PLC lifted its holdings in shares of American Woodmark by 267.9% in the third quarter. Barclays PLC now owns 31,316 shares of the company's stock valued at $2,927,000 after purchasing an additional 22,804 shares in the last quarter. Intech Investment Management LLC lifted its holdings in shares of American Woodmark by 70.5% in the fourth quarter. Intech Investment Management LLC now owns 13,664 shares of the company's stock valued at $1,087,000 after purchasing an additional 5,652 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its position in shares of American Woodmark by 214.8% in the fourth quarter. First Eagle Investment Management LLC now owns 82,800 shares of the company's stock valued at $6,585,000 after buying an additional 56,500 shares during the last quarter. Hedge funds and other institutional investors own 95.47% of the company's stock.

American Woodmark Trading Up 1.7%

AMWD stock traded up $1.04 on Friday, hitting $61.55. 118,698 shares of the company were exchanged, compared to its average volume of 171,277. American Woodmark Co. has a twelve month low of $52.20 and a twelve month high of $106.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.05. The business's fifty day moving average is $58.41 and its two-hundred day moving average is $73.62. The stock has a market capitalization of $913.09 million, a price-to-earnings ratio of 9.20 and a beta of 1.34.

American Woodmark (NASDAQ:AMWD - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.32 by ($0.27). American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. The company had revenue of $397.58 million for the quarter, compared to analyst estimates of $405.72 million.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AMWD. Zelman & Associates reissued an "underperform" rating on shares of American Woodmark in a research report on Monday, April 14th. Wolfe Research lowered shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, February 4th. Loop Capital cut their price objective on shares of American Woodmark from $100.00 to $75.00 and set a "buy" rating for the company in a research report on Monday, April 28th. Finally, StockNews.com raised shares of American Woodmark from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus 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.