Citadel Advisors LLC grew its holdings in shares of American Woodmark Co. (NASDAQ:AMWD) by 6,739.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 150,478 shares of the company’s stock after acquiring an additional 148,278 shares during the period. Citadel Advisors LLC’s holdings in American Woodmark were worth $19,599,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. LS Investment Advisors LLC raised its stake in shares of American Woodmark by 88.6% during the fourth quarter. LS Investment Advisors LLC now owns 975 shares of the company’s stock valued at $127,000 after acquiring an additional 458 shares during the last quarter. Parametrica Management Ltd acquired a new stake in shares of American Woodmark during the fourth quarter worth $257,000. New England Research & Management Inc. acquired a new stake in shares of American Woodmark during the third quarter worth $236,000. Piedmont Investment Advisors LLC acquired a new stake in shares of American Woodmark during the second quarter worth $288,000. Finally, Yorktown Management & Research Co Inc acquired a new stake in shares of American Woodmark during the third quarter worth $308,000. 73.03% of the stock is owned by hedge funds and other institutional investors.
Shares of American Woodmark Co. (NASDAQ AMWD) opened at $134.85 on Tuesday. American Woodmark Co. has a 12-month low of $76.92 and a 12-month high of $148.44. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.95 and a current ratio of 3.41. The firm has a market cap of $2,360.32, a price-to-earnings ratio of 30.10 and a beta of 1.58.
American Woodmark (NASDAQ:AMWD) last posted 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 firm had revenue of $274.80 million for the quarter, compared to analyst estimates of $280.60 million. During the same quarter last year, the company earned $1.10 earnings per share. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. research analysts anticipate that American Woodmark Co. will post 4.96 EPS for the current year.
AMWD has been the subject of several recent analyst reports. BidaskClub cut shares of American Woodmark from a “hold” rating to a “sell” rating in a research report on Saturday, December 9th. Zacks Investment Research upgraded shares of American Woodmark from a “sell” rating to a “buy” rating and set a $140.00 price objective for the company in a research report on Wednesday, December 6th. Robert W. Baird increased their price objective on shares of American Woodmark from $108.00 to $142.00 and gave the stock an “outperform” rating in a research report on Monday, December 4th. Finally, Longbow Research upgraded shares of American Woodmark from a “neutral” rating to a “buy” rating in a research report on Friday, February 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $141.00.
In other American Woodmark news, major shareholder William F. Brandt sold 12,000 shares of the firm’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $97.11, for a total value of $1,165,320.00. Following the completion of the sale, the insider now directly owns 1,808,631 shares in the company, valued at $175,636,156.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven Cary Dunston sold 500 shares of the firm’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $139.25, for a total transaction of $69,625.00. Following the completion of the sale, the insider now owns 46,609 shares of the company’s stock, valued at $6,490,303.25. The disclosure for this sale can be found here. Insiders sold 77,000 shares of company stock valued at $9,419,555 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.
COPYRIGHT VIOLATION WARNING: “Citadel Advisors LLC Has $19.60 Million Stake in American Woodmark Co. (AMWD)” was published by Stock Observer and is owned by of Stock Observer. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.thestockobserver.com/2018/02/20/citadel-advisors-llc-has-19-60-million-stake-in-american-woodmark-co-amwd.html.
American Woodmark Company Profile
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.
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).
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.