California State Teachers Retirement System Trims Holdings in American Woodmark Co. (NASDAQ:AMWD)

California State Teachers Retirement System trimmed its position in shares of American Woodmark Co. (NASDAQ:AMWD) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,492 shares of the company’s stock after selling 254 shares during the quarter. California State Teachers Retirement System owned approximately 0.10% of American Woodmark worth $1,153,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of AMWD. Pzena Investment Management LLC boosted its position in shares of American Woodmark by 1.2% in the 4th quarter. Pzena Investment Management LLC now owns 489,517 shares of the company’s stock worth $38,931,000 after purchasing an additional 5,955 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of American Woodmark by 266.0% during the 4th quarter. Franklin Resources Inc. now owns 372,390 shares of the company’s stock valued at $29,616,000 after purchasing an additional 270,644 shares during the last quarter. Systematic Financial Management LP boosted its holdings in shares of American Woodmark by 3.6% during the 4th quarter. Systematic Financial Management LP now owns 342,452 shares of the company’s stock valued at $27,235,000 after purchasing an additional 11,891 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of American Woodmark by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company’s stock valued at $24,223,000 after buying an additional 7,870 shares in the last quarter. Finally, Paradigm Capital Management Inc. NY purchased a new stake in American Woodmark in the 4th quarter worth about $23,954,000. 95.47% of the stock is owned by institutional investors.

American Woodmark Stock Up 2.8%

AMWD opened at $55.96 on Tuesday. The stock has a market capitalization of $830.17 million, a price-to-earnings ratio of 8.36 and a beta of 1.25. The company has a fifty day moving average of $57.42 and a two-hundred day moving average of $68.98. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. American Woodmark Co. has a fifty-two week low of $52.20 and a fifty-two week high of $106.57.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings results on Thursday, May 29th. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.16. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The firm had revenue of $400.39 million during the quarter, compared to the consensus estimate of $427.39 million. During the same quarter in the prior year, the firm earned $1.70 EPS. The company’s revenue for the quarter was down 11.7% on a year-over-year basis.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Wall Street Zen lowered shares of American Woodmark from a “hold” rating to a “sell” rating in a research report on Wednesday, May 21st. Zelman & Associates reiterated an “underperform” rating on shares of American Woodmark in a research note on Monday, April 14th. Loop Capital lowered their price objective on shares of American Woodmark from $75.00 to $72.00 and set a “buy” rating for the company in a research note on Friday, May 30th. Finally, Robert W. Baird reduced their target price on shares of American Woodmark from $75.00 to $68.00 and set an “outperform” rating for the company in a report on Wednesday, May 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 data from MarketBeat, American Woodmark has a consensus rating of “Hold” and an average price target of $83.33.

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.