American Woodmark Co. (NASDAQ:AMWD) Stock Holdings Lifted by Barclays PLC

Barclays PLC raised its position in shares of American Woodmark Co. (NASDAQ:AMWD) by 267.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,316 shares of the company’s stock after purchasing an additional 22,804 shares during the period. Barclays PLC’s holdings in American Woodmark were worth $2,927,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in AMWD. CWM LLC raised its position in American Woodmark by 56.7% during the third quarter. CWM LLC now owns 622 shares of the company’s stock valued at $58,000 after acquiring an additional 225 shares in the last quarter. Innealta Capital LLC acquired a new stake in shares of American Woodmark in the 2nd quarter valued at $66,000. Picton Mahoney Asset Management acquired a new stake in shares of American Woodmark in the 2nd quarter valued at $71,000. Millburn Ridgefield Corp acquired a new position in American Woodmark during the third quarter worth $80,000. Finally, DekaBank Deutsche Girozentrale raised its holdings in American Woodmark by 56.5% during the second quarter. DekaBank Deutsche Girozentrale now owns 1,459 shares of the company’s stock valued at $114,000 after buying an additional 527 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at American Woodmark

In other news, Director James G. Davis sold 1,679 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $84.33, for a total transaction of $141,590.07. Following the sale, the director now directly owns 28,644 shares in the company, valued at approximately $2,415,548.52. The trade was a 5.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Michael Scott Culbreth sold 3,500 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $90.95, for a total value of $318,325.00. Following the completion of the transaction, the chief executive officer now directly owns 109,932 shares of the company’s stock, valued at approximately $9,998,315.40. This trade represents a 3.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,000 shares of company stock worth $1,331,651. 1.30% of the stock is currently owned by company insiders.

American Woodmark Price Performance

Shares of NASDAQ:AMWD opened at $81.40 on Wednesday. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 12.17 and a beta of 1.59. The business has a 50 day moving average price of $92.37 and a 200 day moving average price of $89.81. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. American Woodmark Co. has a twelve month low of $76.57 and a twelve month high of $106.57.

American Woodmark (NASDAQ:AMWD) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $2.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.37 by ($0.29). The company had revenue of $452.50 million during the quarter, compared to analyst estimates of $458.29 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. The company’s revenue was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.36 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on AMWD shares. Loop Capital lowered their price objective on American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. Robert W. Baird lifted their price target on shares of American Woodmark from $115.00 to $118.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” 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.