New York State Teachers Retirement System Has $1.05 Million Stock Holdings in American Woodmark Co. (NASDAQ:AMWD)

New York State Teachers Retirement System grew its holdings in American Woodmark Co. (NASDAQ:AMWD) by 3.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,263 shares of the company’s stock after purchasing an additional 337 shares during the quarter. New York State Teachers Retirement System owned about 0.07% of American Woodmark worth $1,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Citigroup Inc. increased its position in American Woodmark by 6.0% in the 1st quarter. Citigroup Inc. now owns 17,246 shares of the company’s stock valued at $844,000 after buying an additional 972 shares in the last quarter. Bank of Montreal Can raised its stake in shares of American Woodmark by 6.2% in the first quarter. Bank of Montreal Can now owns 4,824 shares of the company’s stock worth $257,000 after purchasing an additional 282 shares during the last quarter. MetLife Investment Management LLC raised its stake in shares of American Woodmark by 50.9% in the first quarter. MetLife Investment Management LLC now owns 9,418 shares of the company’s stock worth $461,000 after purchasing an additional 3,175 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of American Woodmark by 20.0% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,927 shares of the company’s stock worth $829,000 after purchasing an additional 2,820 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of American Woodmark by 14.1% in the first quarter. Dimensional Fund Advisors LP now owns 842,476 shares of the company’s stock worth $41,240,000 after purchasing an additional 103,815 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on the company. StockNews.com downgraded American Woodmark from a “buy” rating to a “hold” rating in a research note on Saturday, March 9th. Robert W. Baird increased their price objective on American Woodmark from $120.00 to $122.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $93.25.

American Woodmark Stock Performance

Shares of AMWD opened at $91.39 on Thursday. The company has a current ratio of 2.14, a quick ratio of 1.27 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 12.58 and a beta of 1.73. The stock has a 50 day moving average of $96.78 and a 200 day moving average of $87.18. American Woodmark Co. has a 12 month low of $47.98 and a 12 month high of $104.28.

American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings results on Thursday, February 29th. The company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.53. The company had revenue of $422.10 million during the quarter, compared to the consensus estimate of $394.56 million. American Woodmark had a return on equity of 16.72% and a net margin of 6.38%. American Woodmark’s revenue was down 12.2% on a year-over-year basis. During the same period last year, the business posted $1.46 earnings per share. As a group, sell-side analysts forecast that American Woodmark Co. will post 8.6 earnings per share for the current year.

American Woodmark 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.