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

LSV Asset Management raised its holdings in shares of American Woodmark Co. (NASDAQ:AMWD – Free Report) by 36.6% in the second quarter, HoldingsChannel reports. The fund owned 228,320 shares of the company’s stock after purchasing an additional 61,206 shares during the period. LSV Asset Management’s holdings in American Woodmark were worth $17,946,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Inçalta Capital LLC acquired a new position in American Woodmark in the second quarter worth $66,000. Picton Mahoney Asset Management acquired a new stake in American Woodmark in the second quarter valued at $71,000. DekaBank Deutsche Girozentrale boosted its position in American Woodmark by 67.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 932 shares of the company’s stock worth $94,000 after purchasing an additional 377 shares in the last quarter. EntryPoint Capital LLC boosted its position in American Woodmark by 67.8% in the first quarter. EntryPoint Capital LLC now owns 1,562 shares of the company’s stock worth $159,000 after purchasing an additional 631 shares during the last quarter. Finally, Covestor Ltd boosted its position in American Woodmark by 1,230.2% in the first quarter. Covestor Ltd now owns 1,716 shares of the company’s stock worth $175,000 after buying an additional 1,587 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company’s shares.

Analysts set new price targets

A number of research firms have commented on AMWD. Loop Capital cut their price target on American Woodmark from $100.00 to $98.00 and set a “hold” rating on the stock in a research report on Wednesday, August 28th. Robert W. Baird cut their price target on American Woodmark from $116.00 to $112.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 28th. Wolfe Research upgraded American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 target price on the stock in a research report on Wednesday, August 14th. Finally, Zelman & Associates reiterated a “neutral” rating on shares of American Woodmark in a research report on Wednesday, July 17th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $102.00, according to MarketBeat.com.

Read our latest report on AMWD

American Woodmark stock fell 0.2%

Shares of NASDAQ:AMWD opened at $83.41 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 1.98, and a debt-to-equity ratio of 0.41. American Woodmark Co. it has a 52-week low of $65.01 and a 52-week high of $106.57. The stock’s fifty-day simple moving average is $89.90, and its 200-day simple moving average is $91.23. The company has a market cap of $1.29 billion, a P/E ratio of 11.68 and a beta of 1.62.

American Woodmark (NASDAQ:AMWD – Get Free Report ) last issued its quarterly earnings data on Tuesday, August 27th. The company reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate 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. In the same quarter last year, the company earned $2.78 per share. The company’s revenue was down 7.9% compared to the same quarter last year.

American Woodmark Company Profile

(Free Report)

American Woodmark Corporation manufactures and distributes kitchen, bathroom, office, home organization and hardware products for the remodeling and new home construction markets in the United States. The company offers products to order and cash and carry. It also offers turnkey installation services to its direct builder customers through a network of eight service centers.

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Want to see what other hedge funds AMWD owns? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for American Woodmark Co. (NASDAQ:AMWD – Free Report).

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