American Woodmark Co. (NASDAQ:AMWD) Holdings Cut by Jane Street Group LLC

Jane Street Group LLC decreased its stake in American Woodmark Co. (NASDAQ:AMWD) by 53.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,852 shares of the company’s stock after selling 25,488 shares during the quarter. Jane Street Group LLC owned approximately 0.15% of American Woodmark worth $1,738,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quarry LP lifted its position in American Woodmark by 215.8% in the 4th quarter. Quarry LP now owns 379 shares of the company’s stock worth $30,000 after buying an additional 259 shares in the last quarter. Sterling Capital Management LLC lifted its position in American Woodmark by 842.0% in the 4th quarter. Sterling Capital Management LLC now owns 471 shares of the company’s stock worth $37,000 after buying an additional 421 shares in the last quarter. KBC Group NV lifted its position in American Woodmark by 69.6% in the 4th quarter. KBC Group NV now owns 858 shares of the company’s stock worth $68,000 after buying an additional 352 shares in the last quarter. R Squared Ltd purchased a new stake in American Woodmark in the 4th quarter worth approximately $87,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in American Woodmark in the 4th quarter worth approximately $239,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

American Woodmark Stock Performance

NASDAQ:AMWD opened at $61.55 on Friday. American Woodmark Co. has a 1 year low of $52.20 and a 1 year high of $106.57. The firm’s fifty day simple moving average is $58.41 and its 200 day simple moving average is $73.62. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $913.09 million, a PE ratio of 9.20 and a beta of 1.34.

American Woodmark (NASDAQ:AMWD) last posted its earnings results on Thursday, February 27th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.27). American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The firm had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Zelman & Associates restated an “underperform” rating on shares of American Woodmark in a research note on Monday, April 14th. Wolfe Research lowered shares of American Woodmark from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, February 4th. StockNews.com upgraded shares of American Woodmark from a “sell” rating to a “hold” rating in a research note on Tuesday, May 13th. Finally, Loop Capital dropped their price target on shares of American Woodmark from $100.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday, April 28th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $101.00.

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.