SG Americas Securities LLC bought a new stake in American Woodmark Co. (NASDAQ:AMWD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,952 shares of the company’s stock, valued at approximately $362,000.

Other hedge funds have also recently made changes to their positions in the company. Vaughan Nelson Investment Management L.P. increased its stake in shares of American Woodmark by 7.8% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 412,529 shares of the company’s stock valued at $37,767,000 after acquiring an additional 29,675 shares during the last quarter. Epoch Investment Partners Inc. increased its stake in shares of American Woodmark by 39.0% during the 1st quarter. Epoch Investment Partners Inc. now owns 212,014 shares of the company’s stock valued at $20,872,000 after acquiring an additional 59,517 shares during the last quarter. Tributary Capital Management LLC increased its stake in shares of American Woodmark by 12.0% during the 2nd quarter. Tributary Capital Management LLC now owns 206,059 shares of the company’s stock valued at $18,865,000 after acquiring an additional 22,058 shares during the last quarter. Stifel Financial Corp increased its stake in shares of American Woodmark by 0.7% during the 1st quarter. Stifel Financial Corp now owns 195,825 shares of the company’s stock valued at $19,269,000 after acquiring an additional 1,279 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC increased its stake in shares of American Woodmark by 6.5% during the 1st quarter. Neumeier Poma Investment Counsel LLC now owns 195,640 shares of the company’s stock valued at $19,621,000 after acquiring an additional 11,895 shares during the last quarter. 81.74% of the stock is owned by hedge funds and other institutional investors.

AMWD has been the subject of a number of research analyst reports. BidaskClub downgraded shares of American Woodmark from a “strong-buy” rating to a “buy” rating in a research note on Monday, June 18th. Wells Fargo & Co assumed coverage on American Woodmark in a report on Wednesday, June 27th. They set a “market perform” rating and a $100.00 target price for the company. ValuEngine cut American Woodmark from a “hold” rating to a “sell” rating in a report on Monday, July 2nd. Zacks Investment Research cut American Woodmark from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 31st. Finally, TheStreet cut American Woodmark from a “b” rating to a “c+” rating in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $114.75.

Shares of NASDAQ:AMWD traded down $2.08 during trading on Friday, reaching $66.71. 234,404 shares of the stock were exchanged, compared to its average volume of 197,705. The stock has a market capitalization of $1.38 billion, a P/E ratio of 12.73, a PEG ratio of 1.14 and a beta of 1.89. American Woodmark Co. has a 12-month low of $66.15 and a 12-month high of $148.44. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.35 and a current ratio of 2.06.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings results on Monday, August 27th. The company reported $2.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.92 by $0.12. The firm had revenue of $429.00 million during the quarter, compared to analysts’ expectations of $429.13 million. American Woodmark had a return on equity of 18.61% and a net margin of 4.68%. American Woodmark’s quarterly revenue was up 55.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.36 EPS. Analysts predict that American Woodmark Co. will post 7.62 earnings per share for the current year.

American Woodmark Company Profile

American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States. The company offers framed stock cabinets in approximately 420 various cabinet lines, which include 90 door designs in a range of painted and stained finishes on maple, cherry, and oak, as well as engineered fronts under the Duraform mark name.

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Institutional Ownership by Quarter for American Woodmark (NASDAQ:AMWD)

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