US Bancorp DE Decreases Stock Holdings in American Woodmark Co. (NASDAQ:AMWD)

US Bancorp DE trimmed its position in American Woodmark Co. (NASDAQ:AMWD) by 14.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,763 shares of the company’s stock after selling 3,374 shares during the quarter. US Bancorp DE owned 0.13% of American Woodmark worth $1,572,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in AMWD. Intech Investment Management LLC bought a new stake in American Woodmark in the third quarter valued at $749,000. Barclays PLC boosted its holdings in shares of American Woodmark by 267.9% during the 3rd quarter. Barclays PLC now owns 31,316 shares of the company’s stock valued at $2,927,000 after buying an additional 22,804 shares in the last quarter. Creative Planning bought a new stake in shares of American Woodmark during the 3rd quarter valued at $312,000. Franklin Resources Inc. boosted its holdings in shares of American Woodmark by 249.1% during the 3rd quarter. Franklin Resources Inc. now owns 101,746 shares of the company’s stock valued at $9,572,000 after buying an additional 72,600 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of American Woodmark by 34.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 46,463 shares of the company’s stock valued at $4,342,000 after buying an additional 11,975 shares in the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at American Woodmark

In other American Woodmark news, Director James G. Davis sold 2,821 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $82.23, for a total value of $231,970.83. Following the completion of the transaction, the director now directly owns 25,823 shares in the company, valued at $2,123,425.29. This represents a 9.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 5,750 shares of company stock worth $474,548. 1.30% of the stock is owned by company insiders.

American Woodmark Price Performance

Shares of NASDAQ:AMWD opened at $60.91 on Friday. American Woodmark Co. has a fifty-two week low of $58.36 and a fifty-two week high of $106.57. The firm has a market cap of $903.60 million, a price-to-earnings ratio of 9.10 and a beta of 1.58. 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 business has a 50-day simple moving average of $75.24 and a two-hundred day simple moving average of $85.63.

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

Analyst Upgrades and Downgrades

AMWD has been the topic of a number of research reports. StockNews.com cut shares of American Woodmark from a “hold” rating to a “sell” rating in a report on Monday, March 3rd. Wolfe Research lowered American Woodmark from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, February 4th. Robert W. Baird lifted their price target on American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Finally, Loop Capital lowered their price target on American Woodmark from $119.00 to $114.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, American Woodmark currently has an average rating of “Hold” and a consensus target price of $114.00.

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.