Aristides Capital LLC Has $267,000 Holdings in American Woodmark Co. (NASDAQ:AMWD)

Aristides Capital LLC raised its stake in shares of American Woodmark Co. (NASDAQ:AMWD) by 40.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 3,354 shares of the company’s stock after purchasing an additional 966 shares during the period. Aristides Capital LLC’s holdings in American Woodmark were worth $267,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMWD. Charles Schwab Investment Management Inc. boosted its position in shares of American Woodmark by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company’s stock valued at $24,223,000 after buying an additional 7,870 shares during the last quarter. Victory Capital Management Inc. lifted its stake in American Woodmark by 1,570.6% during the 4th quarter. Victory Capital Management Inc. now owns 257,440 shares of the company’s stock valued at $20,474,000 after acquiring an additional 242,030 shares in the last quarter. Barclays PLC boosted its holdings in American Woodmark by 267.9% during the 3rd quarter. Barclays PLC now owns 31,316 shares of the company’s stock worth $2,927,000 after acquiring an additional 22,804 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of American Woodmark by 249.1% in the 3rd quarter. Franklin Resources Inc. now owns 101,746 shares of the company’s stock worth $9,572,000 after acquiring an additional 72,600 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its holdings in shares of American Woodmark by 214.8% in the fourth quarter. First Eagle Investment Management LLC now owns 82,800 shares of the company’s stock valued at $6,585,000 after purchasing an additional 56,500 shares during the last quarter. 95.47% of the stock is owned by institutional investors.

American Woodmark Price Performance

Shares of NASDAQ:AMWD opened at $57.40 on Monday. American Woodmark Co. has a fifty-two week low of $52.38 and a fifty-two week high of $106.57. The company’s 50-day moving average is $67.28 and its 200 day moving average is $81.41. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. The company has a market capitalization of $851.53 million, a P/E ratio of 8.58 and a beta of 1.31.

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

Analysts Set New Price Targets

Several research analysts recently weighed in on AMWD shares. StockNews.com upgraded shares of American Woodmark from a “sell” rating to a “hold” rating in a report on Thursday, March 27th. Wolfe Research cut shares of American Woodmark from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, February 4th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, American Woodmark has a consensus rating of “Hold” and an average price target of $114.00.

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.