Orion Portfolio Solutions LLC decreased its position in American Woodmark Co. (NASDAQ:AMWD – Free Report) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,007 shares of the company’s stock after selling 225 shares during the quarter. Orion Portfolio Solutions LLC owned approximately 0.09% of American Woodmark worth $1,114,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC raised its holdings in American Woodmark by 170.6% in the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock worth $48,000 after acquiring an additional 377 shares during the period. KBC Group NV increased its stake in shares of American Woodmark by 69.6% in 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 bought a new position in shares of American Woodmark in the fourth quarter worth about $87,000. Point72 DIFC Ltd acquired a new position in shares of American Woodmark during the 3rd quarter worth about $204,000. Finally, EP Wealth Advisors LLC bought a new stake in American Woodmark during the 3rd quarter valued at approximately $250,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on AMWD. Wolfe Research lowered American Woodmark from an “outperform” rating to a “peer perform” rating in a report on Tuesday, February 4th. StockNews.com raised shares of American Woodmark from a “sell” rating to a “hold” rating in a research report on Thursday, March 27th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, American Woodmark has a consensus rating of “Hold” and a consensus price target of $114.00.
American Woodmark Trading Up 3.3 %
American Woodmark stock opened at $57.40 on Friday. The business has a 50 day moving average price of $67.28 and a two-hundred day moving average price of $81.56. 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 Co. has a 12 month low of $52.38 and a 12 month high of $106.57. The stock has a market cap of $851.53 million, a price-to-earnings ratio of 8.58 and a beta of 1.31.
American Woodmark (NASDAQ:AMWD – Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.27). American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The firm had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million.
About American Woodmark
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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