American Woodmark Co. (NASDAQ:AMWD) Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its holdings in American Woodmark Co. (NASDAQ:AMWDGet Rating) by 92.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,781 shares of the company’s stock after purchasing an additional 6,126 shares during the period. Russell Investments Group Ltd. owned about 0.08% of American Woodmark worth $575,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in American Woodmark by 2.3% in the first quarter. Vanguard Group Inc. now owns 1,468,355 shares of the company’s stock valued at $71,876,000 after purchasing an additional 32,812 shares during the period. Cooke & Bieler LP lifted its position in shares of American Woodmark by 2.3% in the first quarter. Cooke & Bieler LP now owns 1,270,371 shares of the company’s stock valued at $62,185,000 after acquiring an additional 28,209 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of American Woodmark by 9.3% in the first quarter. Wellington Management Group LLP now owns 1,184,109 shares of the company’s stock valued at $57,962,000 after acquiring an additional 100,455 shares in the last quarter. Broad Run Investment Management LLC lifted its position in shares of American Woodmark by 0.6% in the first quarter. Broad Run Investment Management LLC now owns 867,652 shares of the company’s stock valued at $42,472,000 after acquiring an additional 4,929 shares in the last quarter. Finally, Pzena Investment Management LLC lifted its position in shares of American Woodmark by 16.1% in the first quarter. Pzena Investment Management LLC now owns 854,538 shares of the company’s stock valued at $41,830,000 after acquiring an additional 118,342 shares in the last quarter. 91.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AMWD shares. Robert W. Baird raised their target price on American Woodmark from $54.00 to $58.00 and gave the company a “neutral” rating in a research report on Wednesday, August 31st. Deutsche Bank Aktiengesellschaft reduced their price objective on American Woodmark from $45.00 to $39.00 and set a “sell” rating on the stock in a research report on Thursday, October 20th. StockNews.com began coverage on American Woodmark in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, Loop Capital lifted their price objective on American Woodmark from $47.00 to $49.00 in a research report on Wednesday, August 31st. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $55.75.

American Woodmark Trading Up 2.2 %

Shares of NASDAQ AMWD opened at $44.65 on Monday. American Woodmark Co. has a twelve month low of $40.70 and a twelve month high of $76.36. The company has a current ratio of 1.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.61. The stock has a fifty day simple moving average of $47.01 and a 200-day simple moving average of $48.03. The stock has a market capitalization of $742.17 million, a PE ratio of -57.99 and a beta of 1.79.

American Woodmark (NASDAQ:AMWDGet Rating) last issued its quarterly earnings data on Tuesday, August 30th. The company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.40. American Woodmark had a positive return on equity of 9.35% and a negative net margin of 0.65%. The business had revenue of $542.90 million during the quarter, compared to analysts’ expectations of $514.10 million. During the same period in the previous year, the firm posted $0.70 earnings per share. The company’s revenue was up 22.7% on a year-over-year basis. On average, equities analysts forecast that American Woodmark Co. will post 6.32 earnings per share for the current year.

American Woodmark Company Profile

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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.

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Institutional Ownership by Quarter for American Woodmark (NASDAQ:AMWD)

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