American Woodmark Co. (NASDAQ:AMWD) Shares Acquired by Foundry Partners LLC

Foundry Partners LLC lifted its position in shares of American Woodmark Co. (NASDAQ:AMWD) by 17.9% in the fourth quarter, Holdings Channel reports. The firm owned 47,287 shares of the company’s stock after purchasing an additional 7,193 shares during the period. Foundry Partners LLC’s holdings in American Woodmark were worth $3,761,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in American Woodmark by 170.6% during the fourth quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock worth $48,000 after buying an additional 377 shares during the period. KBC Group NV boosted its position in American Woodmark by 69.6% during the 4th quarter. KBC Group NV now owns 858 shares of the company’s stock worth $68,000 after purchasing an additional 352 shares during the period. R Squared Ltd acquired a new stake in American Woodmark in the 4th quarter valued at $87,000. Point72 DIFC Ltd purchased a new position in American Woodmark in the third quarter valued at about $204,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of American Woodmark during the fourth quarter worth about $239,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AMWD. StockNews.com upgraded American Woodmark from a “sell” rating to a “hold” rating in a report on Thursday, March 27th. Wolfe Research cut shares of American Woodmark from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, February 4th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $114.00.

American Woodmark Price Performance

AMWD stock opened at $57.40 on Friday. The stock’s 50 day moving average is $67.28 and its two-hundred day moving average is $81.56. American Woodmark Co. has a 52-week low of $52.38 and a 52-week high of $106.57. The company has a market capitalization of $851.53 million, a PE ratio of 8.58 and a beta of 1.31. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40.

American Woodmark (NASDAQ:AMWD) last posted its quarterly earnings results on Thursday, February 27th. The company reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.27). The company had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.

American Woodmark Company Profile

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.