Systematic Financial Management LP Boosts Stock Position in American Woodmark Co. (NASDAQ:AMWD)

Systematic Financial Management LP lifted its position in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) by 3.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 342,452 shares of the company's stock after purchasing an additional 11,891 shares during the period. Systematic Financial Management LP owned 2.28% of American Woodmark worth $27,235,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in AMWD. Barclays PLC lifted its position in shares of American Woodmark by 267.9% during the 3rd quarter. Barclays PLC now owns 31,316 shares of the company's stock worth $2,927,000 after buying an additional 22,804 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of American Woodmark by 34.7% in the third quarter. JPMorgan Chase & Co. now owns 46,463 shares of the company's stock valued at $4,342,000 after acquiring an additional 11,975 shares in the last quarter. Hennessy Advisors Inc. increased its position in shares of American Woodmark by 6.9% during the fourth quarter. Hennessy Advisors Inc. now owns 101,100 shares of the company's stock valued at $8,040,000 after acquiring an additional 6,500 shares during the last quarter. KBC Group NV lifted its holdings in American Woodmark by 69.6% during the fourth quarter. KBC Group NV now owns 858 shares of the company's stock worth $68,000 after acquiring an additional 352 shares during the period. Finally, R Squared Ltd purchased a new position in American Woodmark in the fourth quarter worth $87,000. 95.47% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on AMWD. 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 report on Monday, April 28th. Wall Street Zen downgraded shares of American Woodmark from a "hold" rating to a "sell" rating in a report on Wednesday. Zelman & Associates reaffirmed an "underperform" rating on shares of American Woodmark in a research report on Monday, April 14th. Finally, Wolfe Research cut shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $101.00.

American Woodmark Stock Performance

Shares of NASDAQ AMWD traded down $0.47 during trading on Thursday, reaching $57.02. 34,803 shares of the stock traded hands, compared to its average volume of 170,678. 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 stock has a market capitalization of $845.86 million, a P/E ratio of 8.52 and a beta of 1.34. American Woodmark Co. has a 52-week low of $52.20 and a 52-week high of $106.57. The company has a 50-day moving average of $58.48 and a 200-day moving average of $73.09.

American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $397.58 million during the quarter, compared to the consensus estimate of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.

About American Woodmark

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.