American Woodmark Co. (NASDAQ:AMWD) Stake Boosted by LSV Asset Management

LSV Asset Management boosted its stake in shares of American Woodmark Co. (NASDAQ:AMWD) by 4.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 264,952 shares of the company’s stock after purchasing an additional 10,605 shares during the quarter. LSV Asset Management’s holdings in American Woodmark were worth $21,072,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC increased its position in shares of American Woodmark by 170.6% in the fourth quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock worth $48,000 after acquiring an additional 377 shares in the last quarter. KBC Group NV grew its position in American Woodmark by 69.6% during the 4th quarter. KBC Group NV now owns 858 shares of the company’s stock worth $68,000 after purchasing an additional 352 shares in the last quarter. R Squared Ltd acquired a new stake in American Woodmark during the 4th quarter valued at $87,000. KLP Kapitalforvaltning AS purchased a new stake in shares of American Woodmark in the fourth quarter valued at $239,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of American Woodmark in the third quarter worth $250,000. 95.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AMWD has been the subject of several research analyst reports. StockNews.com raised American Woodmark from a “sell” rating to a “hold” rating in a research note on Thursday, March 27th. Wolfe Research lowered shares of American Woodmark from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, February 4th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $114.00.

American Woodmark Stock Down 0.3 %

AMWD opened at $57.98 on Friday. The company has a market capitalization of $860.13 million, a PE ratio of 8.67 and a beta of 1.31. The business has a 50-day moving average of $64.22 and a 200-day moving average of $79.80. 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 current ratio of 1.93 and a quick ratio of 1.05.

American Woodmark (NASDAQ:AMWD) 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). American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. The business had revenue of $397.58 million for the quarter, compared to analyst estimates of $405.72 million.

American Woodmark 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.