Schonfeld Strategic Advisors LLC Takes $888,000 Position in American Woodmark Co. (NASDAQ:AMWD)

Schonfeld Strategic Advisors LLC acquired a new position in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 11,160 shares of the company's stock, valued at approximately $888,000. Schonfeld Strategic Advisors LLC owned 0.07% of American Woodmark at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quarry LP increased its holdings in shares of American Woodmark by 215.8% in the fourth quarter. Quarry LP now owns 379 shares of the company's stock valued at $30,000 after buying an additional 259 shares in the last quarter. Sterling Capital Management LLC raised its stake in American Woodmark by 842.0% during the 4th quarter. Sterling Capital Management LLC now owns 471 shares of the company's stock valued at $37,000 after purchasing an additional 421 shares during the period. GAMMA Investing LLC raised its stake in American Woodmark by 170.6% during the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company's stock valued at $48,000 after purchasing an additional 377 shares during the period. KBC Group NV raised its stake in American Woodmark by 69.6% during the 4th quarter. KBC Group NV now owns 858 shares of the company's stock valued at $68,000 after purchasing an additional 352 shares during the period. Finally, R Squared Ltd acquired a new stake in American Woodmark during the 4th quarter valued at $87,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AMWD has been the topic of several recent analyst reports. Wolfe Research downgraded shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. StockNews.com downgraded American Woodmark from a "hold" rating to a "sell" rating in a research note on Tuesday, April 22nd. Loop Capital cut their price target 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, Zelman & Associates reaffirmed an "underperform" rating on shares of American Woodmark in a research note on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $101.00.

American Woodmark Stock Performance

Shares of NASDAQ:AMWD traded up $2.43 during midday trading on Monday, hitting $61.05. The company's stock had a trading volume of 283,418 shares, compared to its average volume of 170,700. The stock has a market capitalization of $905.68 million, a price-to-earnings ratio of 9.13 and a beta of 1.34. The stock's 50 day simple moving average is $58.34 and its 200 day simple moving average is $74.61. American Woodmark Co. has a fifty-two week low of $52.20 and a fifty-two week high of $106.57. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93.

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

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.