D. E. Shaw & Co. Inc. Has $1.65 Million Holdings in American Woodmark Co. (NASDAQ:AMWD)

D. E. Shaw & Co. Inc. cut its stake in shares of American Woodmark Co. (NASDAQ:AMWD) by 11.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,754 shares of the company’s stock after selling 2,720 shares during the period. D. E. Shaw & Co. Inc. owned 0.14% of American Woodmark worth $1,651,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Quarry LP lifted its position in American Woodmark by 215.8% during the fourth quarter. Quarry LP now owns 379 shares of the company’s stock worth $30,000 after acquiring an additional 259 shares during the last quarter. Sterling Capital Management LLC lifted its position in American Woodmark by 842.0% during the fourth quarter. Sterling Capital Management LLC now owns 471 shares of the company’s stock worth $37,000 after acquiring an additional 421 shares during the last quarter. KBC Group NV lifted its position in American Woodmark by 69.6% during the fourth quarter. KBC Group NV now owns 858 shares of the company’s stock worth $68,000 after acquiring an additional 352 shares during the last quarter. R Squared Ltd acquired a new stake in American Woodmark during the fourth quarter worth approximately $87,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in American Woodmark during the fourth quarter worth approximately $239,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Zelman & Associates restated an “underperform” rating on shares of American Woodmark in a research report on Monday, April 14th. Wolfe Research cut shares of American Woodmark from an “outperform” rating to a “peer perform” rating in a report on Tuesday, February 4th. StockNews.com cut shares of American Woodmark from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Loop Capital lowered their target price on shares of American Woodmark from $100.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, April 28th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. According to MarketBeat, American Woodmark presently has an average rating of “Hold” and an average price target of $101.00.

American Woodmark Stock Down 4.6%

Shares of AMWD opened at $57.49 on Thursday. American Woodmark Co. has a 12 month low of $52.20 and a 12 month high of $106.57. The firm’s 50 day moving average is $58.48 and its 200-day moving average is $73.09. The stock has a market capitalization of $852.86 million, a PE ratio of 8.59 and a beta of 1.34. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40.

American Woodmark (NASDAQ:AMWD) last announced its quarterly earnings data 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). The firm had revenue of $397.58 million during the quarter, compared to the consensus estimate of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.

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.