By otakuyassine3@gmail.com 
Amundi grew its holdings in American Woodmark Co. (NASDAQ:AMWD – Free Report) by 175.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,552 shares of the company’s stock after acquiring an additional 4,808 shares during the quarter. Amundi’s holdings in American Woodmark were worth $582,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. GAMMA Investing LLC grew its stake in American Woodmark by 170.6% in the fourth 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 last quarter. Millburn Ridgefield Corp acquired a new stake in shares of American Woodmark during the third quarter worth about $80,000. KBC Group NV lifted its holdings in shares of 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 purchasing an additional 352 shares during the period. R Squared Ltd acquired a new stake in shares of American Woodmark during the fourth quarter worth about $87,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in American Woodmark in the third quarter valued at approximately $158,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.
Analyst Ratings Changes
AMWD has been the subject of a number of recent analyst reports. Wolfe Research cut American Woodmark from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, February 4th. StockNews.com cut American Woodmark from a “hold” rating to a “sell” rating in a report on Monday, March 3rd. Loop Capital decreased their price target on American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a research note on Wednesday, November 27th. Finally, Robert W. Baird increased their target price on American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. One 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 MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $114.00.
Check Out Our Latest Stock Report on AMWD
American Woodmark Stock Performance
NASDAQ AMWD opened at $60.31 on Friday. American Woodmark Co. has a fifty-two week low of $57.44 and a fifty-two week high of $106.57. The stock has a market cap of $894.70 million, a price-to-earnings ratio of 9.01 and a beta of 1.58. The business has a fifty day moving average of $71.78 and a 200-day moving average of $83.57. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40.
American Woodmark (NASDAQ:AMWD – Get Free Report) last announced 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). The firm had revenue of $397.58 million for the quarter, compared to analyst estimates of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.
Insider Activity at American Woodmark
In related news, Director James G. Davis sold 1,250 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $80.79, for a total value of $100,987.50. Following the sale, the director now directly owns 24,573 shares in the company, valued at $1,985,252.67. This trade represents a 4.84 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is currently owned by company insiders.
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.
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