Epoch Investment Partners Inc. grew its stake in shares of American Woodmark Co. (NASDAQ:AMWD) by 0.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 164,960 shares of the company’s stock after acquiring an additional 797 shares during the quarter. Epoch Investment Partners Inc. owned about 1.02% of American Woodmark worth $15,877,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Riverhead Capital Management LLC boosted its holdings in shares of American Woodmark by 99.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,199 shares of the company’s stock valued at $114,000 after acquiring an additional 599 shares during the last quarter. Flinton Capital Management LLC boosted its holdings in shares of American Woodmark by 78.3% during the 2nd quarter. Flinton Capital Management LLC now owns 1,394 shares of the company’s stock valued at $133,000 after acquiring an additional 612 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of American Woodmark during the 2nd quarter valued at about $172,000. Pinebridge Investments L.P. boosted its holdings in shares of American Woodmark by 1.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 1,840 shares of the company’s stock valued at $176,000 after acquiring an additional 18 shares during the last quarter. Finally, New England Research & Management Inc. purchased a new stake in shares of American Woodmark during the 3rd quarter valued at about $236,000. 80.48% of the stock is currently owned by hedge funds and other institutional investors.
In other news, Director Vance W. Tang sold 1,700 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $90.05, for a total value of $153,085.00. Following the transaction, the director now owns 11,170 shares in the company, valued at approximately $1,005,858.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven Cary Dunston sold 500 shares of the stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $99.35, for a total transaction of $49,675.00. Following the completion of the transaction, the insider now owns 48,609 shares in the company, valued at approximately $4,829,304.15. The disclosure for this sale can be found here. Insiders sold a total of 94,168 shares of company stock worth $9,263,644 in the last quarter. Company insiders own 1.10% of the company’s stock.
American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings data on Friday, December 1st. The company reported $1.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.24 by ($0.01). American Woodmark had a return on equity of 20.56% and a net margin of 6.98%. The business had revenue of $274.80 million during the quarter, compared to the consensus estimate of $280.60 million. During the same quarter last year, the company earned $1.10 EPS. American Woodmark’s revenue for the quarter was up 4.1% on a year-over-year basis. research analysts expect that American Woodmark Co. will post 4.92 earnings per share for the current fiscal year.
A number of analysts have recently issued reports on AMWD shares. Zacks Investment Research raised shares of American Woodmark from a “sell” rating to a “buy” rating and set a $140.00 price target on the stock in a report on Wednesday. BidaskClub raised shares of American Woodmark from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd. Finally, Robert W. Baird raised their price target on shares of American Woodmark from $108.00 to $142.00 and gave the company an “outperform” rating in a report on Monday.
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About American Woodmark
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.
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