Teacher Retirement System of Texas decreased its position in American Woodmark Co. (NASDAQ:AMWD – Free Report) by 29.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,366 shares of the company’s stock after selling 6,736 shares during the quarter. Teacher Retirement System of Texas’ holdings in American Woodmark were worth $1,302,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd boosted its position in shares of American Woodmark by 4.2% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 3,049 shares of the company’s stock valued at $285,000 after purchasing an additional 122 shares during the period. Glenmede Trust Co. NA boosted its stake in shares of American Woodmark by 4.6% during the 3rd quarter. Glenmede Trust Co. NA now owns 5,080 shares of the company’s stock valued at $475,000 after buying an additional 222 shares during the period. KBC Group NV grew its stake in American Woodmark by 69.6% in the fourth quarter. KBC Group NV now owns 858 shares of the company’s stock valued at $68,000 after purchasing an additional 352 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of American Woodmark by 170.6% in the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock valued at $48,000 after buying an additional 377 shares in the last quarter. Finally, Millburn Ridgefield Corp bought a new stake in American Woodmark in the third quarter worth approximately $80,000. 95.47% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on AMWD. StockNews.com raised American Woodmark from a “sell” rating to a “hold” rating in a research report on Thursday. Wolfe Research lowered American Woodmark from an “outperform” rating to a “peer perform” rating in a report on Tuesday, February 4th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, American Woodmark presently has a consensus rating of “Hold” and an average price target of $114.00.
American Woodmark Stock Down 3.3 %
AMWD stock opened at $59.15 on Friday. The stock has a market capitalization of $877.49 million, a price-to-earnings ratio of 8.84 and a beta of 1.58. The company has a 50-day moving average of $69.62 and a two-hundred day moving average of $82.54. American Woodmark Co. has a 52-week low of $57.44 and a 52-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 – Get Free Report) last announced 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 business had revenue of $397.58 million for 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%.
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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