Texas Permanent School Fund Sells 814 Shares of American Woodmark Co. (NASDAQ:AMWD)

Texas Permanent School Fund cut its stake in American Woodmark Co. (NASDAQ:AMWD – Get Rating) by 6.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,124 shares of the company’s stock after selling 814 shares during the period. Texas Permanent School Fund’s holdings in American Woodmark were worth $544,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quantbot Technologies LP bought a new position in shares of American Woodmark during the third quarter valued at $82,000. Legato Capital Management LLC acquired a new stake in shares of American Woodmark during the fourth quarter worth approximately $982,000. State of New Jersey Common Pension Fund D bought a new position in shares of American Woodmark in the third quarter valued at approximately $2,100,000. Alpha DNA Investment Management LLC acquired a new position in shares of American Woodmark in the 3rd quarter worth approximately $496,000. Finally, Frontier Capital Management Co. LLC grew its position in American Woodmark by 2.2% during the 3rd quarter. Frontier Capital Management Co. LLC now owns 105,429 shares of the company’s stock worth $4,624,000 after acquiring an additional 2,314 shares during the last quarter. Institutional investors own 90.60% of the company’s stock.

American Woodmark Stock Up 3.4 %

NASDAQ:AMWD opened at $53.54 on Thursday. The stock’s fifty day moving average price is $50.88 and its two-hundred day moving average price is $52.60. The company has a market cap of $890.91 million, a price-to-earnings ratio of 11.42 and a beta of 1.81. American Woodmark Co. has a 52-week low of $40.70 and a 52-week high of $60.78. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.11 and a current ratio of 2.45.

American Woodmark (NASDAQ:AMWD – Get Rating) last announced its quarterly earnings data on Tuesday, February 28th. The company reported $1.46 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.29). American Woodmark had a return on equity of 13.95% and a net margin of 3.74%. The firm had revenue of $480.70 million for the quarter, compared to the consensus estimate of $508.43 million. During the same period in the prior year, the firm posted $0.60 earnings per share. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. On average, analysts anticipate that American Woodmark Co. will post 6.75 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on American Woodmark in a report on Thursday. They set a “hold” rating on the stock.

American Woodmark Profile

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American Woodmark Corp. engages in the manufacture and distribution of kitchen cabinets and vanities for the remodeling and new home construction markets. The company was founded by William F. Brandt, Jr., Richard Al Graber, Jeffrey S. Holcomb and Donald P. Mathias in 1980 and is headquartered in Winchester, VA.