Bridgeway Capital Management LLC Raises Holdings in American Woodmark Co. (NASDAQ:AMWD)

Bridgeway Capital Management LLC boosted its stake in American Woodmark Co. (NASDAQ:AMWD) by 2.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 172,500 shares of the company’s stock after buying an additional 4,308 shares during the period. Bridgeway Capital Management LLC’s holdings in American Woodmark were worth $13,719,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of AMWD. Ameriprise Financial Inc. grew its holdings in shares of American Woodmark by 1.2% in the fourth quarter. Ameriprise Financial Inc. now owns 51,212 shares of the company’s stock worth $4,073,000 after purchasing an additional 622 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new stake in American Woodmark in the 4th quarter worth $888,000. Atlas FRM LLC purchased a new position in shares of American Woodmark in the fourth quarter valued at about $9,066,000. Northern Trust Corp increased its position in shares of American Woodmark by 9.2% in the fourth quarter. Northern Trust Corp now owns 217,945 shares of the company’s stock valued at $17,333,000 after acquiring an additional 18,403 shares during the period. Finally, Quarry LP raised its stake in shares of American Woodmark by 215.8% during the fourth quarter. Quarry LP now owns 379 shares of the company’s stock valued at $30,000 after acquiring an additional 259 shares during the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AMWD has been the topic of a number of research analyst reports. Loop Capital reduced their price target on American Woodmark from $100.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, April 28th. Wolfe Research cut American Woodmark from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, February 4th. StockNews.com lowered American Woodmark from a “hold” rating to a “sell” rating in a research note on Tuesday, April 22nd. Finally, Zelman & Associates reissued an “underperform” rating on shares of American Woodmark in a research report on Monday, April 14th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $101.00.

American Woodmark Stock Down 1.5 %

Shares of NASDAQ:AMWD opened at $59.61 on Tuesday. The firm has a market capitalization of $884.31 million, a P/E ratio of 8.91 and a beta of 1.34. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. The stock has a 50 day moving average price of $58.55 and a 200-day moving average price of $75.64. American Woodmark Co. has a 52-week low of $52.20 and a 52-week high of $106.57.

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

About American Woodmark

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.