Shepherd Kaplan Krochuk LLC purchased a new position in shares of American Woodmark Co. (NASDAQ:AMWD) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,900 shares of the company’s stock, valued at approximately $306,000.

Several other hedge funds have also modified their holdings of AMWD. Cutler Group LP grew its stake in shares of American Woodmark by 1,010.0% during the second quarter. Cutler Group LP now owns 1,110 shares of the company’s stock worth $101,000 after acquiring an additional 1,010 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its position in American Woodmark by 149.3% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,319 shares of the company’s stock valued at $121,000 after buying an additional 790 shares during the last quarter. NumerixS Investment Technologies Inc boosted its position in American Woodmark by 375.0% in the second quarter. NumerixS Investment Technologies Inc now owns 1,900 shares of the company’s stock valued at $172,000 after buying an additional 1,500 shares during the last quarter. Amalgamated Bank purchased a new stake in American Woodmark in the second quarter valued at approximately $210,000. Finally, Verition Fund Management LLC purchased a new stake in American Woodmark in the second quarter valued at approximately $211,000. Institutional investors and hedge funds own 84.04% of the company’s stock.

A number of equities research analysts recently commented on AMWD shares. Robert W. Baird set a $104.00 target price on American Woodmark and gave the company a “buy” rating in a research report on Tuesday, October 16th. TheStreet lowered American Woodmark from a “b” rating to a “c+” rating in a research report on Tuesday, October 9th. ValuEngine lowered American Woodmark from a “sell” rating to a “strong sell” rating in a research report on Thursday, September 13th. Longbow Research lowered American Woodmark to a “buy” rating and set a $123.00 target price on the stock. in a research report on Friday, October 12th. Finally, Zacks Investment Research upgraded American Woodmark from a “hold” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Tuesday, August 28th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $104.75.

NASDAQ AMWD traded up $1.76 during trading hours on Friday, reaching $64.05. The stock had a trading volume of 10,138 shares, compared to its average volume of 162,919. The firm has a market cap of $1.08 billion, a P/E ratio of 12.22, a P/E/G ratio of 1.00 and a beta of 2.14. American Woodmark Co. has a 52-week low of $55.03 and a 52-week high of $148.44. The company has a quick ratio of 1.27, a current ratio of 1.96 and a debt-to-equity ratio of 1.16.

American Woodmark (NASDAQ:AMWD) last issued its earnings results on Thursday, November 29th. The company reported $1.60 EPS for the quarter, missing the Zacks’ consensus estimate of $1.87 by ($0.27). American Woodmark had a net margin of 4.15% and a return on equity of 18.07%. The firm had revenue of $424.88 million during the quarter, compared to analysts’ expectations of $424.17 million. During the same quarter in the prior year, the company earned $1.21 EPS. American Woodmark’s quarterly revenue was up 54.6% on a year-over-year basis. As a group, research analysts expect that American Woodmark Co. will post 6.92 earnings per share for the current year.

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American Woodmark 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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