Victory Capital Management Inc. Has $619,000 Stock Holdings in American Woodmark Co. (NASDAQ:AMWD)

Victory Capital Management Inc. grew its position in American Woodmark Co. (NASDAQ:AMWD) by 32.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,663 shares of the company’s stock after buying an additional 1,619 shares during the period. Victory Capital Management Inc.’s holdings in American Woodmark were worth $619,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in AMWD. Vanguard Group Inc. grew its stake in American Woodmark by 2.2% in the third quarter. Vanguard Group Inc. now owns 1,616,710 shares of the company’s stock valued at $122,239,000 after acquiring an additional 34,735 shares during the period. Pacer Advisors Inc. grew its position in shares of American Woodmark by 49.6% in the 4th quarter. Pacer Advisors Inc. now owns 553,337 shares of the company’s stock valued at $51,377,000 after purchasing an additional 183,336 shares during the period. Invesco Ltd. increased its stake in American Woodmark by 51.8% during the 3rd quarter. Invesco Ltd. now owns 312,984 shares of the company’s stock worth $23,665,000 after purchasing an additional 106,748 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in American Woodmark by 91.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 104,274 shares of the company’s stock worth $7,884,000 after buying an additional 49,903 shares during the period. Finally, AQR Capital Management LLC lifted its stake in American Woodmark by 24.4% in the third quarter. AQR Capital Management LLC now owns 101,973 shares of the company’s stock valued at $7,710,000 after buying an additional 20,019 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

American Woodmark Stock Down 0.8 %

Shares of AMWD stock opened at $92.66 on Friday. The firm’s fifty day moving average price is $95.98 and its two-hundred day moving average price is $91.03. The company has a current ratio of 2.14, a quick ratio of 1.27 and a debt-to-equity ratio of 0.41. American Woodmark Co. has a 1 year low of $53.80 and a 1 year high of $104.28. The firm has a market capitalization of $1.47 billion, a P/E ratio of 12.78 and a beta of 1.73.

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

Analysts Set New Price Targets

A number of brokerages recently commented on AMWD. StockNews.com lowered shares of American Woodmark from a “buy” rating to a “hold” rating in a report on Saturday, March 9th. Robert W. Baird lifted their price target on American Woodmark from $120.00 to $122.00 and gave the company an “outperform” rating in a research note on Friday, March 1st. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $93.25.

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.