Stratos Wealth Partners LTD. Takes $284,000 Position in American Woodmark Co. (NASDAQ:AMWD)

Stratos Wealth Partners LTD. acquired a new stake in American Woodmark Co. (NASDAQ:AMWD) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,058 shares of the company’s stock, valued at approximately $284,000.

Other institutional investors also recently modified their holdings of the company. Tower Research Capital LLC TRC boosted its stake in American Woodmark by 72.6% during the first quarter. Tower Research Capital LLC TRC now owns 492 shares of the company’s stock worth $26,000 after acquiring an additional 207 shares in the last quarter. Creative Planning bought a new position in American Woodmark during the third quarter worth $26,000. Castleview Partners LLC bought a new position in American Woodmark during the third quarter worth $39,000. DekaBank Deutsche Girozentrale bought a new position in American Woodmark during the third quarter worth $42,000. Finally, Coppell Advisory Solutions LLC bought a new position in American Woodmark during the second quarter worth $46,000. 95.47% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AMWD has been the topic of several research analyst reports. StockNews.com lowered shares of American Woodmark from a “buy” rating to a “hold” rating in a research note on Saturday, March 9th. Robert W. Baird increased their target price on shares of American Woodmark from $120.00 to $122.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $93.25.

American Woodmark Stock Performance

AMWD opened at $94.57 on Tuesday. The company has a current ratio of 2.14, a quick ratio of 1.27 and a debt-to-equity ratio of 0.41. The company’s fifty day moving average price is $96.70 and its two-hundred day moving average price is $86.94. American Woodmark Co. has a 1-year low of $47.98 and a 1-year high of $104.28. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 13.04 and a beta of 1.73.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings data on Thursday, February 29th. The company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.53. American Woodmark had a net margin of 6.38% and a return on equity of 16.72%. The firm had revenue of $422.10 million for the quarter, compared to the consensus estimate of $394.56 million. During the same quarter in the prior year, the company posted $1.46 earnings per share. The business’s revenue was down 12.2% on a year-over-year basis. On average, analysts expect that American Woodmark Co. will post 8.6 EPS for the current fiscal year.

American Woodmark Company 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.