Yousif Capital Management LLC Has $334,000 Position in American Woodmark Corporation (NASDAQ:AMWD)

Yousif Capital Management LLC cut its position in American Woodmark Corporation (NASDAQ:AMWD) by 4.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,685 shares of the company’s stock after selling 244 shares during the period. Yousif Capital Management LLC’s holdings in American Woodmark were worth $334,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMWD. Rhumbline Advisers boosted its position in American Woodmark by 2.0% in the fourth quarter. Rhumbline Advisers now owns 49,008 shares of the company’s stock valued at $3,898,000 after buying an additional 941 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of American Woodmark by 3.5% during the fourth quarter. Principal Financial Group Inc. now owns 85,616 shares of the company’s stock worth $6,809,000 after purchasing an additional 2,858 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of American Woodmark by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company’s stock worth $24,223,000 after purchasing an additional 7,870 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of American Woodmark by 1,570.6% during the fourth quarter. Victory Capital Management Inc. now owns 257,440 shares of the company’s stock worth $20,474,000 after purchasing an additional 242,030 shares in the last quarter. Finally, Amundi lifted its position in shares of American Woodmark by 175.2% during the fourth quarter. Amundi now owns 7,552 shares of the company’s stock worth $582,000 after purchasing an additional 4,808 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

American Woodmark Stock Performance

AMWD opened at $50.84 on Friday. The business’s 50-day moving average price is $56.89 and its two-hundred day moving average price is $67.15. American Woodmark Corporation has a 1 year low of $50.01 and a 1 year high of $106.57. The company has a market capitalization of $754.47 million, a price-to-earnings ratio of 7.85 and a beta of 1.25. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.99 and a quick ratio of 1.02.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings results on Thursday, May 29th. The company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. The firm had revenue of $400.39 million for the quarter, compared to the consensus estimate of $427.39 million. American Woodmark had a return on equity of 11.09% and a net margin of 5.82%. The company’s revenue for the quarter was down 11.7% on a year-over-year basis. During the same quarter last year, the business posted $1.70 EPS.

Analyst Upgrades and Downgrades

AMWD has been the topic of several analyst reports. Robert W. Baird cut their price objective on shares of American Woodmark from $75.00 to $68.00 and set an “outperform” rating on the stock in a report on Wednesday, May 28th. Wall Street Zen lowered shares of American Woodmark from a “hold” rating to a “sell” rating in a report on Wednesday, May 21st. Loop Capital lowered their target price 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, Zelman & Associates reaffirmed an “underperform” rating on shares of American Woodmark in a research note on Monday, April 14th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price 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.