American Woodmark Co. (NASDAQ:AMWD) Shares Purchased by LSV Asset Management

LSV Asset Management lifted its position in American Woodmark Co. (NASDAQ:AMWD) by 4.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 264,952 shares of the company’s stock after acquiring an additional 10,605 shares during the quarter. LSV Asset Management owned 1.76% of American Woodmark worth $21,072,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in 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 purchasing an additional 377 shares during the period. KBC Group NV boosted its holdings in shares of American Woodmark by 69.6% in the 4th quarter. KBC Group NV now owns 858 shares of the company’s stock valued at $68,000 after buying an additional 352 shares during the period. R Squared Ltd bought a new stake in shares of American Woodmark during the 4th quarter valued at about $87,000. KLP Kapitalforvaltning AS acquired a new stake in American Woodmark during the fourth quarter worth about $239,000. Finally, EP Wealth Advisors LLC bought a new position in American Woodmark in the third quarter worth about $250,000. 95.47% of the stock is currently owned by institutional investors.

American Woodmark Price Performance

NASDAQ AMWD opened at $57.98 on Friday. The company has a 50-day moving average price of $64.22 and a two-hundred day moving average price of $79.80. American Woodmark Co. has a 52 week low of $52.20 and a 52 week high of $106.57. The stock has a market cap of $860.13 million, a price-to-earnings ratio of 8.67 and a beta of 1.31. 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 (NASDAQ:AMWD) last issued its quarterly earnings data on Thursday, February 27th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.27). The business had revenue of $397.58 million during the quarter, compared to the consensus estimate of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on AMWD shares. Wolfe Research lowered American Woodmark from an “outperform” rating to a “peer perform” rating in a report on Tuesday, February 4th. StockNews.com upgraded American Woodmark from a “sell” rating to a “hold” rating in a research report on Thursday, March 27th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $114.00.

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.