Bryce Point Capital LLC Invests $1.26 Million in American Woodmark Co. (NASDAQ:AMWD)

Bryce Point Capital LLC acquired a new stake in American Woodmark Co. (NASDAQ:AMWD) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 15,815 shares of the company’s stock, valued at approximately $1,258,000. Bryce Point Capital LLC owned 0.11% of American Woodmark as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in shares of American Woodmark by 170.6% in the fourth quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock valued at $48,000 after buying an additional 377 shares during the period. Millburn Ridgefield Corp bought a new stake in American Woodmark in the 3rd quarter valued at $80,000. KBC Group NV boosted its stake in American Woodmark by 69.6% in the 4th quarter. KBC Group NV now owns 858 shares of the company’s stock worth $68,000 after purchasing an additional 352 shares during the period. R Squared Ltd bought a new position in American Woodmark during the 4th quarter worth about $87,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of American Woodmark in the third quarter valued at about $158,000. 95.47% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMWD. Wolfe Research downgraded American Woodmark from an “outperform” rating to a “peer perform” rating in a report on Tuesday, February 4th. StockNews.com upgraded shares of American Woodmark from a “sell” rating to a “hold” rating in a report on Thursday, March 27th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, American Woodmark currently has a consensus rating of “Hold” and a consensus target price of $114.00.

American Woodmark Stock Performance

Shares of NASDAQ AMWD opened at $60.64 on Thursday. 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 stock has a 50 day moving average price of $68.28 and a 200 day moving average price of $81.98. The stock has a market capitalization of $899.59 million, a PE ratio of 9.06 and a beta of 1.31. American Woodmark Co. has a 52 week low of $57.44 and a 52 week high of $106.57.

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

About American Woodmark

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.