US Bancorp DE boosted its stake in shares of American Woodmark Corporation (NASDAQ:AMWD) by 9.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,122 shares of the company’s stock after buying an additional 795 shares during the period. US Bancorp DE’s holdings in American Woodmark Corporation were worth $872,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. State of Alaska Department of Revenue increased its stake in shares of American Woodmark Corporation by 1.3% in the first quarter. State of Alaska Department of Revenue now owns 1,540 shares of the company’s stock valued at $141,000 after buying an additional 20 shares during the period. Capital One National Association increased its stake in shares of American Woodmark Corporation by 0.6% in the first quarter. Capital One National Association now owns 8,062 shares of the company’s stock worth $740,000 after buying an additional 48 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in shares of American Woodmark Corporation by 1.8% in the first quarter. Louisiana State Employees Retirement System now owns 5,700 shares of the company’s stock worth $523,000 after buying an additional 100 shares during the last quarter. Arizona State Retirement System increased its stake in shares of American Woodmark Corporation by 1.4% in the first quarter. Arizona State Retirement System now owns 7,265 shares of the company’s stock worth $667,000 after buying an additional 100 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in shares of American Woodmark Corporation by 0.6% in the first quarter. Legal & General Group Plc now owns 23,973 shares of the company’s stock worth $2,199,000 after buying an additional 149 shares during the last quarter. 81.20% of the stock is currently owned by institutional investors.

Shares of American Woodmark Corporation (AMWD) traded up 1.19% during mid-day trading on Friday, hitting $93.60. 13,725 shares of the stock were exchanged. The stock’s 50 day moving average is $96.79 and its 200-day moving average is $89.33. American Woodmark Corporation has a 12 month low of $69.65 and a 12 month high of $107.30. The stock has a market cap of $1.53 billion, a PE ratio of 21.57 and a beta of 1.41.

American Woodmark Corporation (NASDAQ:AMWD) last posted its quarterly earnings data on Tuesday, May 30th. The company reported $1.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.12. American Woodmark Corporation had a return on equity of 22.19% and a net margin of 6.91%. The firm had revenue of $258.70 million during the quarter, compared to the consensus estimate of $264.30 million. During the same period in the prior year, the company earned $0.86 EPS. The firm’s revenue was up 7.4% compared to the same quarter last year. On average, analysts anticipate that American Woodmark Corporation will post $4.99 EPS for the current year.

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AMWD has been the topic of a number of recent analyst reports. Zelman & Associates downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. Zacks Investment Research downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a report on Monday, May 1st. Finally, BidaskClub downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th.

In other American Woodmark Corporation news, SVP Roger Perry Campbell sold 1,467 shares of the firm’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of $96.12, for a total value of $141,008.04. Following the completion of the sale, the senior vice president now directly owns 15,141 shares of the company’s stock, valued at approximately $1,455,352.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven Cary Dunston sold 9,300 shares of the firm’s stock in a transaction on Wednesday, June 7th. The stock was sold at an average price of $94.01, for a total value of $874,293.00. Following the completion of the sale, the insider now directly owns 58,661 shares of the company’s stock, valued at $5,514,720.61. The disclosure for this sale can be found here. Over the last three months, insiders sold 62,959 shares of company stock valued at $6,018,042. 1.10% of the stock is owned by corporate insiders.

About American Woodmark Corporation

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.

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

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