Amundi Has $582,000 Stock Holdings in American Woodmark Co. (NASDAQ:AMWD)

Amundi lifted its stake in shares of American Woodmark Co. (NASDAQ:AMWD) by 175.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 7,552 shares of the company’s stock after buying an additional 4,808 shares during the quarter. Amundi owned about 0.05% of American Woodmark worth $582,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AMWD. Victory Capital Management Inc. raised its stake in American Woodmark by 0.8% in the 3rd quarter. Victory Capital Management Inc. now owns 15,410 shares of the company’s stock worth $1,440,000 after purchasing an additional 117 shares in the last quarter. Y Intercept Hong Kong Ltd raised its stake in American Woodmark by 4.2% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 3,049 shares of the company’s stock worth $285,000 after purchasing an additional 122 shares in the last quarter. Glenmede Trust Co. NA raised its stake in American Woodmark by 4.6% in the 3rd quarter. Glenmede Trust Co. NA now owns 5,080 shares of the company’s stock worth $475,000 after purchasing an additional 222 shares in the last quarter. KBC Group NV raised its stake in American Woodmark by 69.6% in the 4th quarter. KBC Group NV now owns 858 shares of the company’s stock worth $68,000 after purchasing an additional 352 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in American Woodmark by 170.6% in the 4th 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. Institutional investors and hedge funds own 95.47% of the company’s stock.

Analysts Set New Price Targets

AMWD has been the subject of several analyst reports. Robert W. Baird lifted their price objective on shares of American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Wolfe Research cut shares of American Woodmark from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, February 4th. Loop Capital dropped their target price on shares of American Woodmark from $119.00 to $114.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th. Finally, StockNews.com cut shares of American Woodmark from a “hold” rating to a “sell” rating in a research report on Monday, March 3rd. 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. According to MarketBeat.com, American Woodmark presently has a consensus rating of “Hold” and a consensus price target of $114.00.

Insider Buying and Selling

In related news, Director James G. Davis sold 1,250 shares of the company’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $80.79, for a total value of $100,987.50. Following the transaction, the director now owns 24,573 shares in the company, valued at $1,985,252.67. The trade was a 4.84 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.30% of the stock is owned by insiders.

American Woodmark Stock Performance

NASDAQ AMWD opened at $60.31 on Friday. American Woodmark Co. has a 52-week low of $57.44 and a 52-week high of $106.57. The company has a 50-day simple moving average of $71.78 and a 200 day simple moving average of $83.57. 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 company has a market capitalization of $894.70 million, a PE ratio of 9.01 and a beta of 1.58.

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

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.