MetLife Investment Management LLC Sells 545 Shares of American Woodmark Corporation $AMWD

MetLife Investment Management LLC trimmed its position in shares of American Woodmark Corporation (NASDAQ:AMWD) by 5.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,057 shares of the company’s stock after selling 545 shares during the period. MetLife Investment Management LLC owned about 0.06% of American Woodmark worth $533,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of AMWD. Pzena Investment Management LLC raised its stake in American Woodmark by 71.7% in the first quarter. Pzena Investment Management LLC now owns 840,674 shares of the company’s stock worth $49,457,000 after buying an additional 351,157 shares in the last quarter. Paradigm Capital Management Inc. NY purchased a new stake in American Woodmark in the fourth quarter worth approximately $23,954,000. LSV Asset Management grew its position in American Woodmark by 22.3% in the 1st quarter. LSV Asset Management now owns 323,962 shares of the company’s stock worth $19,059,000 after purchasing an additional 59,010 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in American Woodmark in the 4th quarter worth approximately $4,011,000. Finally, GAMMA Investing LLC grew its position in American Woodmark by 7,721.1% in the 1st quarter. GAMMA Investing LLC now owns 46,770 shares of the company’s stock worth $2,751,000 after purchasing an additional 46,172 shares during the period. 95.47% of the stock is owned by institutional investors.

American Woodmark Price Performance

AMWD stock opened at $68.44 on Monday. American Woodmark Corporation has a 12 month low of $50.00 and a 12 month high of $104.28. The company has a current ratio of 2.04, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40. The company has a 50-day moving average price of $59.19 and a 200 day moving average price of $58.40. The stock has a market cap of $997.17 million, a PE ratio of 12.24 and a beta of 1.21.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings results on Tuesday, August 26th. The company reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.13). American Woodmark had a return on equity of 9.43% and a net margin of 5.11%.The firm had revenue of $403.05 million for the quarter, compared to analysts’ expectations of $420.64 million. During the same period in the prior year, the firm posted $1.89 earnings per share. American Woodmark’s revenue for the quarter was down 12.2% on a year-over-year basis.

Analyst Upgrades and Downgrades

AMWD has been the topic of several recent research reports. Loop Capital decreased their price target on shares of American Woodmark from $75.00 to $72.00 and set a “buy” rating on the stock in a research report on Friday, May 30th. Robert W. Baird lifted their price target on shares of American Woodmark from $64.00 to $68.00 and gave the company an “outperform” rating in a report on Thursday, August 28th. Finally, Wall Street Zen downgraded shares of American Woodmark from a “hold” rating to a “sell” rating in a report on Wednesday, May 21st. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $70.00.

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.