Aristides Capital LLC Purchases 966 Shares of American Woodmark Co. (NASDAQ:AMWD)

Aristides Capital LLC boosted its holdings in shares of American Woodmark Co. (NASDAQ:AMWD) by 40.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,354 shares of the company’s stock after buying an additional 966 shares during the period. Aristides Capital LLC’s holdings in American Woodmark were worth $267,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AMWD. Russell Investments Group Ltd. boosted its position in shares of American Woodmark by 630.0% during the 4th quarter. Russell Investments Group Ltd. now owns 16,439 shares of the company’s stock valued at $1,307,000 after acquiring an additional 14,187 shares during the last quarter. Foundry Partners LLC lifted its position in American Woodmark by 17.9% during the fourth quarter. Foundry Partners LLC now owns 47,287 shares of the company’s stock valued at $3,761,000 after purchasing an additional 7,193 shares during the last quarter. Bryce Point Capital LLC purchased a new position in American Woodmark in the 4th quarter worth approximately $1,258,000. Headlands Technologies LLC increased its holdings in shares of American Woodmark by 80.7% in the 4th quarter. Headlands Technologies LLC now owns 3,226 shares of the company’s stock worth $257,000 after buying an additional 1,441 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in shares of American Woodmark by 266.0% in the 4th quarter. Franklin Resources Inc. now owns 372,390 shares of the company’s stock worth $29,616,000 after buying an additional 270,644 shares during the last quarter. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

American Woodmark Price Performance

AMWD stock opened at $57.40 on Monday. 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 firm has a market cap of $851.53 million, a P/E ratio of 8.58 and a beta of 1.31. The firm’s fifty day moving average is $67.28 and its 200 day moving average is $81.41. American Woodmark Co. has a 52 week low of $52.38 and a 52 week high of $106.57.

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

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AMWD. StockNews.com raised shares of American Woodmark from a “sell” rating to a “hold” rating in a report on Thursday, March 27th. Wolfe Research lowered American Woodmark from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, February 4th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $114.00.

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.