MetLife Investment Management LLC Has $764,000 Holdings in American Woodmark Co. (NASDAQ:AMWD)

MetLife Investment Management LLC boosted its stake in American Woodmark Co. (NASDAQ:AMWD) by 5.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,602 shares of the company’s stock after acquiring an additional 522 shares during the period. MetLife Investment Management LLC owned 0.06% of American Woodmark worth $764,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. CANADA LIFE ASSURANCE Co raised its position in shares of American Woodmark by 1.3% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 15,420 shares of the company’s stock worth $1,227,000 after acquiring an additional 200 shares in the last quarter. KBC Group NV grew its stake in American Woodmark by 69.6% during the fourth 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. GAMMA Investing LLC increased its holdings in American Woodmark by 170.6% in the fourth quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock worth $48,000 after purchasing an additional 377 shares in the last quarter. Sterling Capital Management LLC lifted its stake in American Woodmark by 842.0% in the fourth quarter. Sterling Capital Management LLC now owns 471 shares of the company’s stock valued at $37,000 after buying an additional 421 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of American Woodmark by 9.6% during the 4th quarter. Sei Investments Co. now owns 8,834 shares of the company’s stock worth $703,000 after buying an additional 772 shares in the last quarter. 95.47% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AMWD shares. Loop Capital lowered their price objective on shares of American Woodmark from $100.00 to $75.00 and set a “buy” rating for the company in a research note on Monday, April 28th. Zelman & Associates reaffirmed an “underperform” rating on shares of American Woodmark in a research note on Monday, April 14th. StockNews.com cut shares of American Woodmark from a “hold” rating to a “sell” rating in a research report on Tuesday, April 22nd. Finally, Wolfe Research lowered American Woodmark from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $101.00.

American Woodmark Stock Performance

AMWD opened at $60.49 on Friday. American Woodmark Co. has a 1-year low of $52.20 and a 1-year high of $106.57. The company has a market cap of $897.37 million, a price-to-earnings ratio of 9.04 and a beta of 1.34. The company’s fifty day moving average price is $58.78 and its two-hundred day moving average price is $76.09. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40.

American Woodmark (NASDAQ:AMWD) last announced its quarterly earnings results on Thursday, February 27th. The company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.27). The business had revenue of $397.58 million during the quarter, compared to the consensus estimate 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.