Teachers Retirement System of The State of Kentucky Has $1.15 Million Stake in American Woodmark Co. (AMWD)

Teachers Retirement System of The State of Kentucky cut its holdings in shares of American Woodmark Co. (NASDAQ:AMWD) by 6.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,698 shares of the company’s stock after selling 1,003 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in American Woodmark were worth $1,154,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in AMWD. Cutler Group LP raised its position in shares of American Woodmark by 1,010.0% during the 2nd quarter. Cutler Group LP now owns 1,110 shares of the company’s stock valued at $101,000 after buying an additional 1,010 shares during the period. Bronfman E.L. Rothschild L.P. raised its position in shares of American Woodmark by 149.3% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,319 shares of the company’s stock valued at $121,000 after buying an additional 790 shares during the period. NumerixS Investment Technologies Inc raised its position in shares of American Woodmark by 375.0% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 1,900 shares of the company’s stock valued at $172,000 after buying an additional 1,500 shares during the period. Amalgamated Bank purchased a new stake in American Woodmark in the second quarter valued at approximately $210,000. Finally, Verition Fund Management LLC purchased a new stake in American Woodmark in the second quarter valued at approximately $211,000. 81.42% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ AMWD opened at $66.85 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.06 and a quick ratio of 1.35. American Woodmark Co. has a 52-week low of $55.03 and a 52-week high of $148.44. The stock has a market cap of $1.19 billion, a P/E ratio of 12.76, a PEG ratio of 1.01 and a beta of 2.12.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings results on Thursday, November 29th. The company reported $1.60 EPS for the quarter, missing the consensus estimate of $1.87 by ($0.27). The business had revenue of $424.88 million during the quarter, compared to analyst estimates of $424.17 million. American Woodmark had a net margin of 4.68% and a return on equity of 18.61%. The firm’s revenue for the quarter was up 54.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.21 earnings per share. As a group, sell-side analysts predict that American Woodmark Co. will post 7.48 EPS for the current fiscal year.

A number of analysts have issued reports on AMWD shares. Robert W. Baird set a $104.00 target price on American Woodmark and gave the company a “buy” rating in a research report on Tuesday, October 16th. TheStreet lowered American Woodmark from a “b” rating to a “c+” rating in a research report on Tuesday, October 9th. ValuEngine lowered American Woodmark from a “sell” rating to a “strong sell” rating in a research report on Thursday, September 13th. Longbow Research lowered American Woodmark to a “buy” rating and set a $123.00 target price on the stock. in a research report on Friday, October 12th. Finally, Zacks Investment Research raised American Woodmark from a “hold” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Tuesday, August 28th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. American Woodmark currently has an average rating of “Hold” and an average target price of $104.75.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Community Financial News and is owned by of Community Financial News. If you are reading this piece of content on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The correct version of this piece of content can be viewed at https://www.com-unik.info/2018/11/30/teachers-retirement-system-of-the-state-of-kentucky-has-1-15-million-stake-in-american-woodmark-co-amwd.html.

American Woodmark Company Profile

American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States. The company offers framed stock cabinets in approximately 420 various cabinet lines, which include 90 door designs in a range of painted and stained finishes on maple, cherry, and oak, as well as engineered fronts under the Duraform mark name.

Featured Article: How Important is Technical Analysis of Stocks

Want to see what other hedge funds are holding AMWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Woodmark Co. (NASDAQ:AMWD).

Institutional Ownership by Quarter for American Woodmark (NASDAQ:AMWD)

Receive News & Ratings for American Woodmark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Woodmark and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit