American Woodmark Co. (NASDAQ:AMWD) Stock Holdings Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in American Woodmark Co. (NASDAQ:AMWD) by 2.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 304,582 shares of the company’s stock after buying an additional 7,870 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 2.02% of American Woodmark worth $24,223,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Intech Investment Management LLC bought a new stake in American Woodmark in the 3rd quarter valued at about $749,000. Barclays PLC lifted its position in American Woodmark by 267.9% in the 3rd quarter. Barclays PLC now owns 31,316 shares of the company’s stock valued at $2,927,000 after purchasing an additional 22,804 shares during the last quarter. Franklin Resources Inc. lifted its position in American Woodmark by 249.1% in the 3rd quarter. Franklin Resources Inc. now owns 101,746 shares of the company’s stock valued at $9,572,000 after purchasing an additional 72,600 shares during the last quarter. JPMorgan Chase & Co. lifted its position in American Woodmark by 34.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 46,463 shares of the company’s stock valued at $4,342,000 after purchasing an additional 11,975 shares during the last quarter. Finally, Hennessy Advisors Inc. lifted its position in American Woodmark by 6.9% in the 4th quarter. Hennessy Advisors Inc. now owns 101,100 shares of the company’s stock valued at $8,040,000 after purchasing an additional 6,500 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors.

American Woodmark Stock Performance

Shares of AMWD opened at $60.10 on Wednesday. The firm’s 50 day moving average is $72.44 and its 200-day moving average is $83.89. The stock has a market capitalization of $891.58 million, a P/E ratio of 8.98 and a beta of 1.58. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.05. American Woodmark Co. has a 12-month low of $57.44 and a 12-month high of $106.57.

American Woodmark (NASDAQ:AMWD) last released its 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 firm had revenue of $397.58 million during the quarter, compared to analysts’ expectations of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.

Wall Street Analysts Forecast Growth

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

Insider Transactions at American Woodmark

In related news, Director James G. Davis sold 2,821 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $82.23, for a total transaction of $231,970.83. Following the completion of the sale, the director now directly owns 25,823 shares in the company, valued at approximately $2,123,425.29. This trade represents a 9.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.30% of the stock is currently owned by insiders.

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.