American Woodmark Corporation $AMWD Shares Acquired by Cooke & Bieler LP

Cooke & Bieler LP boosted its holdings in American Woodmark Corporation (NASDAQ:AMWD) by 3.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 930,460 shares of the company’s stock after purchasing an additional 32,832 shares during the period. Cooke & Bieler LP owned about 6.39% of American Woodmark worth $62,118,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMWD. Pzena Investment Management LLC boosted its stake in shares of American Woodmark by 36.6% during the 2nd quarter. Pzena Investment Management LLC now owns 1,148,331 shares of the company’s stock valued at $61,286,000 after buying an additional 307,657 shares during the last quarter. Systematic Financial Management LP raised its holdings in American Woodmark by 7.3% in the second quarter. Systematic Financial Management LP now owns 391,562 shares of the company’s stock valued at $20,898,000 after acquiring an additional 26,633 shares in the last quarter. Franklin Resources Inc. boosted its stake in American Woodmark by 0.5% during the 2nd quarter. Franklin Resources Inc. now owns 367,053 shares of the company’s stock valued at $19,590,000 after acquiring an additional 1,955 shares during the last quarter. WCM Investment Management LLC grew its holdings in American Woodmark by 41.8% during the 2nd quarter. WCM Investment Management LLC now owns 236,802 shares of the company’s stock worth $12,595,000 after acquiring an additional 69,779 shares in the last quarter. Finally, Millennium Management LLC increased its position in shares of American Woodmark by 277.0% in the 1st quarter. Millennium Management LLC now owns 200,657 shares of the company’s stock worth $11,805,000 after purchasing an additional 147,427 shares during the last quarter. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

American Woodmark Stock Down 4.1%

NASDAQ:AMWD opened at $61.44 on Monday. The company has a current ratio of 2.15, a quick ratio of 1.11 and a debt-to-equity ratio of 0.39. The stock has a 50 day moving average of $56.11 and a 200-day moving average of $60.05. The firm has a market capitalization of $895.18 million, a PE ratio of 14.56 and a beta of 1.27. American Woodmark Corporation has a 52 week low of $47.15 and a 52 week high of $83.72.

American Woodmark (NASDAQ:AMWD) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.44). The company had revenue of $394.64 million during the quarter, compared to the consensus estimate of $410.62 million. American Woodmark had a return on equity of 7.13% and a net margin of 3.94%.The company’s revenue for the quarter was down 12.8% on a year-over-year basis. During the same period last year, the business posted $2.08 EPS.

Wall Street Analysts Forecast Growth

AMWD has been the topic of several research analyst reports. Robert W. Baird reaffirmed a “neutral” rating and set a $60.00 price target (up previously from $57.00) on shares of American Woodmark in a research report on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Woodmark in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Woodmark has a consensus rating of “Hold” and an average price target of $66.00.

American Woodmark Company Profile

American Woodmark Corporation is a leading manufacturer and distributor of kitchen cabinets and bathroom vanities in North America. The company designs, builds and ships cabinetry products for a broad range of residential customers, including new-home builders, professional remodelers and specialty dealers. Its portfolio encompasses framed and frameless cabinet lines, along with accessory products such as mouldings, panels and hardware components. American Woodmark’s products are sold under the American Woodmark and Waypoint Living Spaces brands through a diversified network of home centers, independent dealers and direct-to-builder channels.

Headquartered in Winchester, Virginia, American Woodmark was founded in 1980 and has grown through a combination of organic expansion and strategic acquisitions.