American Woodmark Corporation (AMWD) : Kortright Capital Partners Lp added new position in American Woodmark Corporation during the most recent quarter end. The investment management firm now holds 30,000 shares of American Woodmark Corporation which is valued at $2,237,100 , the company said in a statement filed on Aug 12, 2016 with the SEC.American Woodmark Corporation makes up approximately 6.75% of Kortright Capital Partners Lp’s portfolio.
Other Hedge Funds, Including , Visium Asset Management Lp sold out all of its stake in AMWD during the most recent quarter. The investment firm sold 7,207 shares of AMWD which is valued $537,426. Pacad Investment Ltd. added AMWD to its portfolio by purchasing 1,700 company shares during the most recent quarter which is valued at $126,769. American Woodmark Corporation makes up approx 0.02% of Pacad Investment Ltd.’s portfolio. Amica Retiree Medical Trust added AMWD to its portfolio by purchasing 838 company shares during the most recent quarter which is valued at $62,682. American Woodmark Corporation makes up approx 0.05% of Amica Retiree Medical Trust’s portfolio. Insight Capital Research Management Inc sold out all of its stake in AMWD during the most recent quarter. The investment firm sold 50,271 shares of AMWD which is valued $3,745,190.
American Woodmark Corporation opened for trading at $85.5 and hit $88.24 on the upside on Monday, eventually ending the session at $88.01, with a gain of 2.80% or 2.4 points. The heightened volatility saw the trading volume jump to 4,09,764 shares. Company has a market cap of $1,434 M.
On the company’s financial health, American Woodmark Corporation reported $1.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.32 according to the earnings call on Aug 23, 2016. Analyst had a consensus of $0.94. The company had revenue of $258.20 million for the quarter, compared to analysts expectations of $261.65 million. The company’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 EPS.
Many Wall Street Analysts have commented on American Woodmark Corporation. Robert W. Baird Upgraded American Woodmark Corporation on Jun 3, 2016 to ” Outperform”, Price Target of the shares are set at $78.
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 600 different cabinet lines ranging from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces. The product offering of stock cabinets includes 85 door designs in 19 colors. Stock cabinets consist of cabinet interiors of a range of dimensions and construction options and a maple oak cherry or hickory front frame door and/or drawer front. The Companys products are sold under the brand names of American Woodmark Timberlake Shenandoah Cabinetry Potomac and Waypoint Living Spaces.