American Woodmark Co. (NASDAQ:AMWD) Shares Acquired by Quantbot Technologies LP

Quantbot Technologies LP lifted its holdings in American Woodmark Co. (NASDAQ:AMWD) by 26.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,591 shares of the company’s stock after acquiring an additional 4,329 shares during the quarter. Quantbot Technologies LP owned 0.14% of American Woodmark worth $1,638,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Intech Investment Management LLC acquired a new stake in American Woodmark during the 3rd quarter worth about $749,000. Victory Capital Management Inc. grew its holdings in 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 period. Charles Schwab Investment Management Inc. raised its position in American Woodmark by 2.7% during 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 in the last quarter. Barclays PLC lifted its holdings in 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 acquiring an additional 22,804 shares during the period. Finally, Franklin Resources Inc. increased its holdings in shares of American Woodmark by 249.1% during the 3rd quarter. Franklin Resources Inc. now owns 101,746 shares of the company’s stock valued at $9,572,000 after purchasing an additional 72,600 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

American Woodmark Trading Up 3.9 %

Shares of American Woodmark stock opened at $61.08 on Tuesday. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40. American Woodmark Co. has a twelve month low of $57.44 and a twelve month high of $106.57. The firm has a market capitalization of $906.12 million, a PE ratio of 9.13 and a beta of 1.58. The firm’s 50-day moving average price is $71.17 and its 200 day moving average price is $83.16.

American Woodmark (NASDAQ:AMWD) 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). The firm had revenue of $397.58 million during the quarter, compared to analysts’ expectations of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.

Insider Buying and Selling at American Woodmark

In other news, Director James G. Davis sold 1,250 shares of the firm’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $80.79, for a total value of $100,987.50. Following the transaction, the director now directly owns 24,573 shares of the company’s stock, valued at approximately $1,985,252.67. This trade represents a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently commented on AMWD. Robert W. Baird raised their price target on shares of American Woodmark from $115.00 to $118.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Loop Capital dropped their target price on American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. Wolfe Research cut American Woodmark from an “outperform” rating to a “peer perform” rating in a report on Tuesday, February 4th. Finally, StockNews.com lowered American Woodmark from a “hold” rating to a “sell” rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, American Woodmark has an average rating of “Hold” and an average price target of $114.00.

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.