Northern Trust Corp Acquires 18,403 Shares of American Woodmark Co. (NASDAQ:AMWD)

Northern Trust Corp boosted its holdings in American Woodmark Co. (NASDAQ:AMWD) by 9.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 217,945 shares of the company’s stock after acquiring an additional 18,403 shares during the period. Northern Trust Corp’s holdings in American Woodmark were worth $17,333,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Quarry LP grew its holdings in American Woodmark by 215.8% in the 4th quarter. Quarry LP now owns 379 shares of the company’s stock valued at $30,000 after buying an additional 259 shares in the last quarter. Aquatic Capital Management LLC acquired a new position in American Woodmark in the 4th quarter valued at $519,000. Two Sigma Securities LLC acquired a new position in American Woodmark in the 4th quarter valued at $503,000. Tower Research Capital LLC TRC grew its holdings in American Woodmark by 256.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,356 shares of the company’s stock valued at $346,000 after buying an additional 3,134 shares in the last quarter. Finally, MetLife Investment Management LLC grew its holdings in American Woodmark by 5.7% in the 4th quarter. MetLife Investment Management LLC now owns 9,602 shares of the company’s stock valued at $764,000 after buying an additional 522 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on AMWD shares. StockNews.com raised American Woodmark from a “sell” rating to a “hold” rating in a report on Tuesday. Wolfe Research lowered American Woodmark from an “outperform” rating to a “peer perform” rating in a report on Tuesday, February 4th. Loop Capital reduced their target price on American Woodmark from $100.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, April 28th. Finally, Zelman & Associates reissued an “underperform” rating on shares of American Woodmark in a report on Monday, April 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, American Woodmark has an average rating of “Hold” and an average price target of $101.00.

American Woodmark Stock Performance

NASDAQ:AMWD opened at $60.38 on Thursday. The stock’s 50-day simple moving average is $58.36 and its 200 day simple moving average is $74.30. The firm has a market capitalization of $895.74 million, a PE ratio of 9.03 and a beta of 1.34. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. American Woodmark Co. has a twelve month low of $52.20 and a twelve month high of $106.57.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings data on Thursday, February 27th. The company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.27). The business had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.

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.