Quantedge Capital Pte Ltd cut its holdings in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 72.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,100 shares of the company's stock after selling 21,400 shares during the quarter. Quantedge Capital Pte Ltd owned 0.05% of American Woodmark worth $644,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Nuveen Asset Management LLC lifted its position in shares of American Woodmark by 1.7% during the fourth quarter. Nuveen Asset Management LLC now owns 43,135 shares of the company's stock worth $3,431,000 after purchasing an additional 737 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in American Woodmark by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,861 shares of the company's stock worth $705,000 after purchasing an additional 325 shares in the last quarter. Graham Capital Management L.P. purchased a new stake in shares of American Woodmark during the fourth quarter worth about $445,000. Deutsche Bank AG grew its stake in shares of American Woodmark by 49.2% during the fourth quarter. Deutsche Bank AG now owns 12,608 shares of the company's stock worth $1,003,000 after acquiring an additional 4,160 shares during the last quarter. Finally, EP Wealth Advisors LLC grew its stake in shares of American Woodmark by 16.6% during the fourth quarter. EP Wealth Advisors LLC now owns 3,114 shares of the company's stock worth $248,000 after acquiring an additional 444 shares during the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
AMWD has been the topic of a number of recent research reports. Zelman & Associates reiterated an "underperform" rating on shares of American Woodmark in a research report on Monday, April 14th. Loop Capital reduced 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. Wolfe Research downgraded American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. Finally, StockNews.com raised American Woodmark from a "sell" rating to a "hold" rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $101.00.
Read Our Latest Research Report on AMWD
American Woodmark Stock Down 2.1%
Shares of NASDAQ:AMWD opened at $60.38 on Thursday. The business has a 50-day moving average price of $58.36 and a 200 day moving average price of $74.30. 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 company has a market capitalization of $895.74 million, a price-to-earnings ratio of 9.03 and a beta of 1.34. American Woodmark Co. has a 12-month low of $52.20 and a 12-month high of $106.57.
American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported $1.05 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 for the quarter, compared to analysts' expectations of $405.72 million.
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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