Campbell & CO Investment Adviser LLC Makes New Investment in American Woodmark Co. (NASDAQ:AMWD)

Campbell & CO Investment Adviser LLC bought a new stake in American Woodmark Co. (NASDAQ:AMWD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,621 shares of the company’s stock, valued at approximately $363,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE grew its position in shares of American Woodmark by 1.2% during the 2nd quarter. US Bancorp DE now owns 11,780 shares of the company’s stock worth $891,000 after buying an additional 134 shares during the period. California State Teachers Retirement System grew its holdings in American Woodmark by 0.9% during the 2nd quarter. California State Teachers Retirement System now owns 25,673 shares of the company’s stock worth $1,942,000 after acquiring an additional 217 shares during the period. American International Group Inc. raised its position in shares of American Woodmark by 3.2% during the 2nd quarter. American International Group Inc. now owns 11,840 shares of the company’s stock valued at $896,000 after acquiring an additional 371 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of American Woodmark by 50.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,299 shares of the company’s stock valued at $98,000 after purchasing an additional 435 shares during the period. Finally, Macquarie Group Ltd. acquired a new position in shares of American Woodmark in the 2nd quarter valued at $33,000. Institutional investors own 90.84% of the company’s stock.

In other American Woodmark news, Director Daniel T. Hendrix sold 4,175 shares of American Woodmark stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $85.61, for a total value of $357,421.75. Following the sale, the director now owns 7,232 shares of the company’s stock, valued at approximately $619,131.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Shares of AMWD stock opened at $92.95 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.47 and a current ratio of 2.18. American Woodmark Co. has a 52 week low of $35.30 and a 52 week high of $117.70. The company’s 50 day moving average price is $83.80 and its two-hundred day moving average price is $70.41. The company has a market capitalization of $1.58 billion, a P/E ratio of 24.46 and a beta of 2.43.

American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings data on Tuesday, August 25th. The company reported $1.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.33 by $0.33. The company had revenue of $390.10 million during the quarter, compared to the consensus estimate of $383.66 million. American Woodmark had a net margin of 4.00% and a return on equity of 14.92%. The firm’s revenue was down 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.13 earnings per share. Analysts forecast that American Woodmark Co. will post 6.45 earnings per share for the current year.

Several research firms have weighed in on AMWD. Wells Fargo & Company increased their target price on American Woodmark from $62.00 to $78.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. ValuEngine downgraded shares of American Woodmark from a “hold” rating to a “sell” rating in a research report on Thursday, July 23rd. BidaskClub cut shares of American Woodmark from a “buy” rating to a “hold” rating in a report on Monday, September 21st. Zelman & Associates upgraded shares of American Woodmark from a “hold” rating to a “buy” rating in a report on Tuesday, September 22nd. Finally, Loop Capital boosted their price target on shares of American Woodmark from $79.00 to $97.00 in a report on Tuesday, August 4th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $79.00.

American Woodmark Company Profile

American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodelling and new home construction markets in the United States. It offers made-to-order cabinetry in approximately 550 cabinet lines, which include 100 door designs in a range of painted or stained finishes, or engineered finishes under the Duraform name; and fronts made in various wood species, including maple, cherry, and oak, as well as engineered materials.

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

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