Stock News

American Woodmark (AMWD) Reaches $100.15 After 9.00% Down Move; Kingstown Capital Management LP Has Increased Its New Residential Invt (NRZ) Stake

American Woodmark Corporation (NASDAQ:AMWD) Logo

Kingstown Capital Management Lp increased New Residential Invt Corp (NRZ) stake by 33.33% reported in 2018Q1 SEC filing. Kingstown Capital Management Lp acquired 750,000 shares as New Residential Invt Corp (NRZ)’s stock rose 8.06%. The Kingstown Capital Management Lp holds 3.00 million shares with $49.35 million value, up from 2.25M last quarter. New Residential Invt Corp now has $6.06 billion valuation. The stock decreased 0.72% or $0.13 during the last trading session, reaching $18.03. About 1.10 million shares traded. New Residential Investment Corp. (NYSE:NRZ) has risen 9.56% since June 13, 2017 and is uptrending. It has underperformed by 3.01% the S&P500.

The stock of American Woodmark Corporation (NASDAQ:AMWD) is a huge mover today! The stock decreased 3.56% or $3.7 during the last trading session, reaching $100.15. About 131,279 shares traded. American Woodmark Corporation (NASDAQ:AMWD) has risen 1.08% since June 13, 2017 and is uptrending. It has underperformed by 11.49% the S&P500. Some Historical AMWD News: ; 09/03/2018 – AMERICAN WOODMARK 3Q ADJ EPS 84C, EST. 96C; 09/03/2018 – American Woodmark 3Q EBITDA $36.0M; 09/03/2018 – American Woodmark Volume Jumps More Than Seven Times Average; 09/03/2018 – American Woodmark 3Q Adj EPS 84c; 29/05/2018 – American Woodmark Closes Above 50-Day Moving Average; 29/05/2018 – American Woodmark Volume Surges More Than 10 Times Average; 14/05/2018 – Nan Shan Life Insurance Buys 2% Position in American Woodmark; 09/03/2018 – CORRECT: AMWD 3Q EPS 12C, MAY NOT COMPARE WITH EST. 96C; 15/05/2018 – American Woodmark Corporation Announces Fourth Quarter Conference Call On The Internet; 09/03/2018 American Woodmark 3Q EPS 12cThe move comes after 8 months negative chart setup for the $1.75B company. It was reported on Jun, 13 by Barchart.com. We have $91.14 PT which if reached, will make NASDAQ:AMWD worth $157.77 million less.

Among 8 analysts covering New Residential Investment Corp (NYSE:NRZ), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. New Residential Investment Corp had 24 analyst reports since August 12, 2015 according to SRatingsIntel. As per Tuesday, September 12, the company rating was maintained by Keefe Bruyette & Woods. The stock of New Residential Investment Corp. (NYSE:NRZ) earned “Buy” rating by Piper Jaffray on Monday, July 24. The stock has “Overweight” rating by Piper Jaffray on Monday, October 19. The stock of New Residential Investment Corp. (NYSE:NRZ) has “Buy” rating given on Monday, July 10 by FBR Capital. The rating was upgraded by Wedbush on Thursday, January 18 to “Outperform”. Wedbush downgraded the shares of NRZ in report on Tuesday, June 20 to “Neutral” rating. The rating was maintained by FBR Capital on Tuesday, February 13 with “Buy”. The rating was maintained by FBR Capital on Thursday, February 25 with “Outperform”. On Friday, September 9 the stock rating was reinitiated by Piper Jaffray with “Overweight”. The stock of New Residential Investment Corp. (NYSE:NRZ) earned “Neutral” rating by Nomura on Wednesday, October 26.

Investors sentiment increased to 1.97 in Q1 2018. Its up 0.66, from 1.31 in 2017Q4. It improved, as 20 investors sold NRZ shares while 57 reduced holdings. 44 funds opened positions while 108 raised stakes. 152.50 million shares or 9.96% more from 138.68 million shares in 2017Q4 were reported. Fund Mgmt invested in 0.11% or 1.16 million shares. 4.56 million were accumulated by State Street Corp. Dekabank Deutsche Girozentrale reported 0% stake. Moreover, Denali Advisors Limited Liability has 0.19% invested in New Residential Investment Corp. (NYSE:NRZ). Vanguard Group Inc Inc holds 0.02% or 27.81M shares. 408,250 are held by Telemus Limited Liability. Goldman Sachs Group invested in 5.06 million shares or 0.02% of the stock. Tci Wealth invested in 2,127 shares. Winfield Associates holds 1.39% of its portfolio in New Residential Investment Corp. (NYSE:NRZ) for 157,267 shares. Suntrust Banks Incorporated reported 15,543 shares. Chesley Taft Associates Limited Com, Illinois-based fund reported 30,750 shares. Pitcairn Company holds 20,394 shares or 0.04% of its portfolio. Berson And Corrado Inv Limited Liability invested in 403,906 shares. Alliancebernstein Limited Partnership holds 0.01% or 755,933 shares. Visionary Asset Mgmt, a Texas-based fund reported 19,284 shares.

Investors sentiment decreased to 1.04 in Q1 2018. Its down 0.16, from 1.2 in 2017Q4. It fall, as 29 investors sold American Woodmark Corporation shares while 54 reduced holdings. 24 funds opened positions while 62 raised stakes. 13.50 million shares or 4.66% more from 12.90 million shares in 2017Q4 were reported. Moreover, Utd Automobile Association has 0% invested in American Woodmark Corporation (NASDAQ:AMWD) for 2,117 shares. Aperio Grp Ltd Liability Corporation invested in 4,340 shares or 0% of the stock. Us Natl Bank De has 9,490 shares for 0% of their portfolio. Matarin Mgmt Ltd Llc accumulated 140,975 shares. Deutsche Bank Ag has 0% invested in American Woodmark Corporation (NASDAQ:AMWD) for 60,319 shares. Stifel Fincl, a Missouri-based fund reported 195,825 shares. Ls Ltd Liability invested 0.01% in American Woodmark Corporation (NASDAQ:AMWD). Moreover, Ameriprise Fincl has 0.01% invested in American Woodmark Corporation (NASDAQ:AMWD). Zacks Mgmt owns 17,906 shares or 0.04% of their US portfolio. Teachers Retirement Of The State Of Kentucky reported 13,801 shares stake. 16,814 were accumulated by Barclays Public Ltd Liability Company. First Savings Bank Of Omaha invested in 16,541 shares or 0.1% of the stock. Systematic Fincl Mgmt Lp owns 61,354 shares. California Public Employees Retirement Systems has 28,603 shares for 0% of their portfolio. Hsbc Public Ltd Co, United Kingdom-based fund reported 24,517 shares.

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and home construction markets in the United States. The company has market cap of $1.75 billion. The firm offers framed stock cabinets in approximately 514 various cabinet lines, which include 85 door creates in a range of painted and stained finishes on maple, cherry, and oak, as well as engineered fronts under the Duraform mark name. It has a 26.86 P/E ratio. It offers cabinets in various sizes, and construction and decorative options for a range of design layouts; and turnkey installation services to its direct builder clients through a network of seven service centers.

More important recent American Woodmark Corporation (NASDAQ:AMWD) news were published by: Nasdaq.com which released: “Mid-Afternoon Market Update: Crude Oil Down 2.5%; American Woodmark Shares Spike Higher” on May 29, 2018, also Nasdaq.com published article titled: “Why Universal Display, Windstream Holdings, and American Woodmark Jumped Today”, Nasdaq.com published: “Mid-Morning Market Update: Markets Open Lower; Booz Allen Hamilton Profit Beats Estimates” on May 29, 2018. More interesting news about American Woodmark Corporation (NASDAQ:AMWD) was released by: Seekingalpha.com and their article: “American Woodmark Corporation (AMWD) CEO Cary Dunston on Q4 2018 Results – Earnings Call Transcript” with publication date: May 29, 2018.

Among 2 analysts covering American Woodmark (NASDAQ:AMWD), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. American Woodmark has $146.0 highest and $88 lowest target. $136’s average target is 35.80% above currents $100.15 stock price. American Woodmark had 11 analyst reports since November 20, 2015 according to SRatingsIntel. Robert W. Baird maintained American Woodmark Corporation (NASDAQ:AMWD) on Thursday, October 19 with “Buy” rating. The rating was downgraded by Robert W. Baird to “Neutral” on Friday, November 20. As per Wednesday, May 30, the company rating was maintained by Robert W. Baird. Robert W. Baird maintained American Woodmark Corporation (NASDAQ:AMWD) rating on Wednesday, August 24. Robert W. Baird has “Outperform” rating and $88 target. The firm has “Buy” rating given on Sunday, December 3 by Robert W. Baird. The firm earned “Outperform” rating on Friday, June 3 by Robert W. Baird. The stock of American Woodmark Corporation (NASDAQ:AMWD) has “Buy” rating given on Wednesday, August 23 by Robert W. Baird. The company was upgraded on Friday, February 9 by Longbow. The stock has “Buy” rating by Robert W. Baird on Thursday, April 19. Robert W. Baird maintained American Woodmark Corporation (NASDAQ:AMWD) on Tuesday, March 6 with “Buy” rating.

Since January 10, 2018, it had 1 insider buy, and 10 selling transactions for $3.98 million activity. Dunston Steven Cary sold $465,415 worth of stock or 4,534 shares. 1,467 shares were sold by Campbell Roger Perry, worth $150,295 on Monday, June 4. Cogan Andrew B had sold 900 shares worth $93,600. $195,100 worth of American Woodmark Corporation (NASDAQ:AMWD) shares were bought by Tang Vance W. BRANDT WILLIAM F sold $1.58M worth of American Woodmark Corporation (NASDAQ:AMWD) on Wednesday, January 10.

Analysts await American Woodmark Corporation (NASDAQ:AMWD) to report earnings on August, 28. They expect $1.96 earnings per share, up 59.35% or $0.73 from last year’s $1.23 per share. AMWD’s profit will be $34.31M for 12.77 P/E if the $1.96 EPS becomes a reality. After $1.64 actual earnings per share reported by American Woodmark Corporation for the previous quarter, Wall Street now forecasts 19.51% EPS growth.

American Woodmark Corporation (NASDAQ:AMWD) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *