D.A. Davidson & CO. Sells 260 Shares of American Woodmark Co. (NASDAQ:AMWD)

D.A. Davidson & CO. decreased its position in American Woodmark Co. (NASDAQ:AMWDFree Report) by 0.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 62,821 shares of the company’s stock after selling 260 shares during the period. D.A. Davidson & CO.’s holdings in American Woodmark were worth $5,833,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in American Woodmark in the 4th quarter valued at approximately $10,027,000. Janney Montgomery Scott LLC acquired a new position in shares of American Woodmark during the 4th quarter worth approximately $1,427,000. Partnership Wealth Management LLC acquired a new position in shares of American Woodmark during the 4th quarter worth approximately $184,000. Dimensional Fund Advisors LP increased its holdings in shares of American Woodmark by 6.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,206,036 shares of the company’s stock worth $111,981,000 after acquiring an additional 69,101 shares during the last quarter. Finally, LSV Asset Management increased its holdings in shares of American Woodmark by 5.5% during the 4th quarter. LSV Asset Management now owns 139,958 shares of the company’s stock worth $12,995,000 after acquiring an additional 7,338 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMWD. Robert W. Baird upped their price objective on American Woodmark from $120.00 to $122.00 and gave the company an “outperform” rating in a report on Friday, March 1st. StockNews.com downgraded American Woodmark from a “buy” rating to a “hold” rating in a research report on Saturday, March 9th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $93.25.

View Our Latest Report on AMWD

American Woodmark Trading Down 0.3 %

Shares of AMWD stock opened at $93.37 on Thursday. The stock has a 50-day moving average of $95.99 and a 200-day moving average of $91.02. American Woodmark Co. has a 1-year low of $53.80 and a 1-year high of $104.28. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 12.88 and a beta of 1.73. The company has a current ratio of 2.14, a quick ratio of 1.27 and a debt-to-equity ratio of 0.41.

American Woodmark (NASDAQ:AMWDGet Free Report) last released its earnings results on Thursday, February 29th. The company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.13 by $0.53. The business had revenue of $422.10 million during the quarter, compared to analysts’ expectations of $394.56 million. American Woodmark had a return on equity of 16.72% and a net margin of 6.38%. The firm’s revenue was down 12.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.46 earnings per share. On average, equities research analysts forecast that American Woodmark Co. will post 8.6 earnings per share for the current year.

American Woodmark Profile

(Free Report)

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

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