Guidance Capital Inc. Raises Position in American Woodmark Co. (NASDAQ:AMWD)

Guidance Capital Inc. boosted its stake in American Woodmark Co. (NASDAQ:AMWD) by 2.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,369 shares of the company’s stock after buying an additional 119 shares during the quarter. Guidance Capital Inc.’s holdings in American Woodmark were worth $542,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in American Woodmark by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 1,710,774 shares of the company’s stock valued at $173,917,000 after acquiring an additional 19,693 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in American Woodmark by 0.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,210,543 shares of the company’s stock worth $95,149,000 after buying an additional 7,496 shares in the last quarter. Cooke & Bieler LP lifted its position in American Woodmark by 9.8% during the second quarter. Cooke & Bieler LP now owns 909,653 shares of the company’s stock worth $71,499,000 after buying an additional 80,873 shares in the last quarter. Pacer Advisors Inc. lifted its position in American Woodmark by 18.2% during the second quarter. Pacer Advisors Inc. now owns 843,195 shares of the company’s stock worth $66,275,000 after buying an additional 129,692 shares in the last quarter. Finally, LSV Asset Management lifted its position in American Woodmark by 36.6% during the second quarter. LSV Asset Management now owns 228,320 shares of the company’s stock worth $17,946,000 after buying an additional 61,206 shares in 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 analyst reports. Wolfe Research upgraded American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research report on Wednesday, August 14th. Loop Capital upgraded American Woodmark from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $98.00 to $119.00 in a research report on Thursday, October 17th. Robert W. Baird lifted their price objective on American Woodmark from $112.00 to $115.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Zelman & Associates reissued a “neutral” rating on shares of American Woodmark in a research note on Wednesday, July 17th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $108.00.

American Woodmark Trading Down 0.4 %

Shares of NASDAQ AMWD traded down $0.37 during trading on Wednesday, reaching $95.06. The stock had a trading volume of 14,277 shares, compared to its average volume of 153,530. American Woodmark Co. has a fifty-two week low of $65.01 and a fifty-two week high of $106.57. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.14 and a current ratio of 1.98. The business’s 50-day moving average price is $91.81 and its 200-day moving average price is $90.05. The company has a market cap of $1.48 billion, a P/E ratio of 13.37 and a beta of 1.61.

American Woodmark (NASDAQ:AMWD) last released its earnings results on Tuesday, August 27th. The company reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.37 by ($0.48). American Woodmark had a net margin of 5.97% and a return on equity of 13.51%. The company had revenue of $459.10 million during the quarter, compared to analysts’ expectations of $475.37 million. During the same quarter last year, the business posted $2.78 earnings per share. The company’s revenue for the quarter was down 7.9% on a year-over-year basis.

Insider Activity at American Woodmark

In other American Woodmark news, CEO Michael Scott Culbreth sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $92.69, for a total transaction of $324,415.00. Following the transaction, the chief executive officer now owns 113,432 shares in the company, valued at approximately $10,514,012.08. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.30% of the stock is currently owned by 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.