Pzena Investment Management LLC Has $38.93 Million Position in American Woodmark Co. (NASDAQ:AMWD)

Pzena Investment Management LLC boosted its holdings in American Woodmark Co. (NASDAQ:AMWD) by 1.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 489,517 shares of the company’s stock after buying an additional 5,955 shares during the period. Pzena Investment Management LLC owned approximately 3.25% of American Woodmark worth $38,931,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. AlphaQuest LLC lifted its holdings in American Woodmark by 373,800.0% in the fourth quarter. AlphaQuest LLC now owns 3,739 shares of the company’s stock valued at $297,000 after buying an additional 3,738 shares during the period. Amundi lifted its holdings in American Woodmark by 175.2% in the fourth quarter. Amundi now owns 7,552 shares of the company’s stock valued at $582,000 after buying an additional 4,808 shares during the period. Victory Capital Management Inc. lifted its holdings in American Woodmark by 1,570.6% in the fourth quarter. Victory Capital Management Inc. now owns 257,440 shares of the company’s stock valued at $20,474,000 after buying an additional 242,030 shares during the period. Charles Schwab Investment Management Inc. increased its stake in American Woodmark by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company’s stock valued at $24,223,000 after purchasing an additional 7,870 shares in the last quarter. Finally, Principal Financial Group Inc. increased its stake in American Woodmark by 3.5% in the fourth quarter. Principal Financial Group Inc. now owns 85,616 shares of the company’s stock valued at $6,809,000 after purchasing an additional 2,858 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on AMWD shares. Loop Capital lowered 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 note on Wednesday, November 27th. Robert W. Baird upped 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. StockNews.com downgraded shares of American Woodmark from a “hold” rating to a “sell” rating in a research note on Monday, March 3rd. Finally, Wolfe Research downgraded shares of American Woodmark from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, American Woodmark presently has a consensus rating of “Hold” and an average target price of $114.00.

Insider Transactions at American Woodmark

In other news, Director James G. Davis sold 1,250 shares of the stock in a transaction on Friday, December 27th. The shares were sold at an average price of $80.79, for a total transaction of $100,987.50. Following the completion of the sale, the director now owns 24,573 shares of the company’s stock, valued at $1,985,252.67. This represents a 4.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 5,750 shares of company stock valued at $474,548 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

American Woodmark Stock Down 1.3 %

Shares of AMWD stock opened at $60.13 on Tuesday. The firm has a fifty day moving average of $74.84 and a 200-day moving average of $85.30. 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 12-month low of $58.36 and a 12-month high of $106.57. The company has a market capitalization of $892.03 million, a price-to-earnings ratio of 8.99 and a beta of 1.58.

American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings data on Thursday, February 27th. The company reported $1.05 earnings per share (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 for the quarter, compared to the consensus estimate of $405.72 million.

American Woodmark Company 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.