Teachers Retirement System of The State of Kentucky decreased its stake in American Woodmark Corporation (NASDAQ:AMWD) by 2.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,237 shares of the company’s stock after selling 603 shares during the period. Teachers Retirement System of The State of Kentucky owned approximately 0.14% of American Woodmark Corporation worth $2,125,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. grew its stake in shares of American Woodmark Corporation by 148,318.8% in the first quarter. BlackRock Inc. now owns 1,806,257 shares of the company’s stock valued at $165,816,000 after buying an additional 1,805,040 shares in the last quarter. Broad Run Investment Management LLC raised its holdings in shares of American Woodmark Corporation by 3.2% during the 1st quarter. Broad Run Investment Management LLC now owns 1,400,486 shares of the company’s stock valued at $128,565,000 after buying an additional 43,018 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of American Woodmark Corporation by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 647,701 shares of the company’s stock valued at $59,458,000 after buying an additional 1,885 shares during the period. Royce & Associates LP raised its holdings in shares of American Woodmark Corporation by 1.5% during the 1st quarter. Royce & Associates LP now owns 367,630 shares of the company’s stock valued at $33,748,000 after buying an additional 5,584 shares during the period. Finally, Wellington Management Group LLP raised its holdings in shares of American Woodmark Corporation by 9.9% during the 1st quarter. Wellington Management Group LLP now owns 347,711 shares of the company’s stock valued at $31,920,000 after buying an additional 31,326 shares during the period. 80.30% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: This story was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another site, it was illegally copied and reposted in violation of United States and international trademark & copyright legislation. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/10/03/teachers-retirement-system-of-the-state-of-kentucky-sells-603-shares-of-american-woodmark-corporation-amwd.html.

AMWD has been the topic of several recent research reports. Zacks Investment Research raised American Woodmark Corporation from a “hold” rating to a “buy” rating and set a $100.00 price target on the stock in a research report on Tuesday, September 12th. Zelman & Associates downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Finally, BidaskClub raised shares of American Woodmark Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd.

Shares of American Woodmark Corporation (NASDAQ AMWD) opened at 96.35 on Tuesday. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 22.00 and a beta of 1.44. The company’s 50-day moving average is $88.87 and its 200-day moving average is $91.92. American Woodmark Corporation has a 12-month low of $69.65 and a 12-month high of $107.30.

American Woodmark Corporation (NASDAQ:AMWD) last posted its earnings results on Tuesday, August 22nd. The company reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.14). The firm had revenue of $276.83 million during the quarter, compared to analyst estimates of $278.80 million. American Woodmark Corporation had a net margin of 6.85% and a return on equity of 20.89%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.32 earnings per share. On average, equities analysts forecast that American Woodmark Corporation will post $4.94 earnings per share for the current fiscal year.

In other news, Director Daniel T. Hendrix sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $80.63, for a total transaction of $241,890.00. Following the transaction, the director now owns 7,155 shares in the company, valued at approximately $576,907.65. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Steven Cary Dunston sold 500 shares of the company’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $80.55, for a total transaction of $40,275.00. Following the transaction, the insider now directly owns 49,109 shares of the company’s stock, valued at approximately $3,955,729.95. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,928 shares of company stock worth $4,251,817. 1.10% of the stock is currently owned by company insiders.

American Woodmark Corporation 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 Corporation (NASDAQ:AMWD).

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

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