New York State Teachers Retirement System Acquires 337 Shares of American Woodmark Co. (NASDAQ:AMWD)

New York State Teachers Retirement System increased its holdings in American Woodmark Co. (NASDAQ:AMWD) by 3.1% during the 4th quarter, Holdings Channel reports. The firm owned 11,263 shares of the company’s stock after buying an additional 337 shares during the period. New York State Teachers Retirement System’s holdings in American Woodmark were worth $1,046,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of AMWD. Citigroup Inc. grew its stake in shares of American Woodmark by 6.0% in the first quarter. Citigroup Inc. now owns 17,246 shares of the company’s stock worth $844,000 after purchasing an additional 972 shares during the last quarter. Bank of Montreal Can grew its stake in shares of American Woodmark by 6.2% in the first quarter. Bank of Montreal Can now owns 4,824 shares of the company’s stock worth $257,000 after purchasing an additional 282 shares during the last quarter. MetLife Investment Management LLC grew its stake in shares of American Woodmark by 50.9% in the first quarter. MetLife Investment Management LLC now owns 9,418 shares of the company’s stock worth $461,000 after purchasing an additional 3,175 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of American Woodmark by 20.0% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,927 shares of the company’s stock worth $829,000 after purchasing an additional 2,820 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of American Woodmark by 14.1% in the first quarter. Dimensional Fund Advisors LP now owns 842,476 shares of the company’s stock worth $41,240,000 after purchasing an additional 103,815 shares during the last quarter. 95.47% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AMWD shares. Robert W. Baird raised their target price on American Woodmark from $120.00 to $122.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. StockNews.com cut American Woodmark from a “buy” rating to a “hold” rating in a research report on Saturday, March 9th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, American Woodmark presently has a consensus rating of “Hold” and an average target price of $93.25.

American Woodmark Stock Performance

American Woodmark stock opened at $91.39 on Thursday. American Woodmark Co. has a fifty-two week low of $47.98 and a fifty-two week high of $104.28. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 12.58 and a beta of 1.73. The stock’s 50 day simple moving average is $96.78 and its two-hundred day simple moving average is $87.18. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.27 and a current ratio of 2.14.

American Woodmark (NASDAQ:AMWD) last announced its quarterly earnings data on Thursday, February 29th. The company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.53. American Woodmark had a net margin of 6.38% and a return on equity of 16.72%. The company had revenue of $422.10 million during the quarter, compared to analyst estimates of $394.56 million. During the same period in the previous year, the business earned $1.46 EPS. The firm’s revenue for the quarter was down 12.2% on a year-over-year basis. As a group, analysts expect that American Woodmark Co. will post 8.6 earnings per share for the current fiscal year.

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.