Voya Investment Management LLC Sells 555 Shares of American Woodmark Corporation $AMWD

Voya Investment Management LLC lessened its position in shares of American Woodmark Corporation (NASDAQ:AMWD) by 11.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,231 shares of the company’s stock after selling 555 shares during the period. Voya Investment Management LLC’s holdings in American Woodmark were worth $249,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AMWD. Public Employees Retirement System of Ohio bought a new position in American Woodmark in the 4th quarter valued at approximately $43,000. GAMMA Investing LLC increased its position in American Woodmark by 32.9% in the 1st quarter. GAMMA Investing LLC now owns 795 shares of the company’s stock valued at $47,000 after acquiring an additional 197 shares during the period. State of Wyoming acquired a new position in American Woodmark in the 1st quarter valued at approximately $172,000. XTX Topco Ltd acquired a new stake in shares of American Woodmark during the first quarter worth $204,000. Finally, PNC Financial Services Group Inc. increased its position in shares of American Woodmark by 5.1% during the first quarter. PNC Financial Services Group Inc. now owns 3,976 shares of the company’s stock worth $234,000 after buying an additional 193 shares during the period. Institutional investors own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Robert W. Baird upped their price target on shares of American Woodmark from $64.00 to $68.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $70.00.

American Woodmark Stock Performance

Shares of AMWD stock opened at $68.01 on Tuesday. The firm has a market cap of $990.91 million, a price-to-earnings ratio of 12.17 and a beta of 1.21. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 2.04. American Woodmark Corporation has a 52 week low of $50.00 and a 52 week high of $104.28. The firm’s 50-day simple moving average is $63.08 and its two-hundred day simple moving average is $58.90.

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

About American Woodmark

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.