As Cummins (CMI) Market Value Declined, Holder Compton Capital Management Increased Its Position; American Woodmark Corporatio (AMWD) Holder Shell Asset Management Co Has Cut Its Position

August 12, 2018 - By Billy Entrekin

American Woodmark Corporation (NASDAQ:AMWD) Logo

Shell Asset Management Co decreased its stake in American Woodmark Corporatio (AMWD) by 50.22% based on its latest 2018Q1 regulatory filing with the SEC. Shell Asset Management Co sold 15,514 shares as the company’s stock declined 34.41% with the market. The institutional investor held 15,375 shares of the forest products company at the end of 2018Q1, valued at $1.51M, down from 30,889 at the end of the previous reported quarter. Shell Asset Management Co who had been investing in American Woodmark Corporatio for a number of months, seems to be less bullish one the $1.48 billion market cap company. The stock decreased 1.81% or $1.55 during the last trading session, reaching $84.1. About 81,107 shares traded. American Woodmark Corporation (NASDAQ:AMWD) has risen 1.08% since August 12, 2017 and is uptrending. It has underperformed by 11.49% the S&P500. Some Historical AMWD News: 29/05/2018 – American Woodmark Volume Surges More Than 10 Times Average; 29/05/2018 – American Woodmark Closes Above 50-Day Moving Average; 15/05/2018 – American Woodmark Corporation Announces Fourth Quarter Conference Call On The Internet; 29/05/2018 – American Woodmark Fourth-Quarter Profit Rises 10%; 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, EST. 96C; 14/05/2018 – Nan Shan Life Insurance Buys 2% Position in American Woodmark; 20/04/2018 – DJ American Woodmark Corporation, Inst Holders, 1Q 2018 (AMWD); 09/03/2018 – American Woodmark 3Q Adj EPS 84c

Compton Capital Management Inc increased its stake in Cummins Inc (CMI) by 111.62% based on its latest 2018Q1 regulatory filing with the SEC. Compton Capital Management Inc bought 2,930 shares as the company’s stock declined 14.62% with the market. The institutional investor held 5,555 shares of the industrial machinery and components company at the end of 2018Q1, valued at $900,000, up from 2,625 at the end of the previous reported quarter. Compton Capital Management Inc who had been investing in Cummins Inc for a number of months, seems to be bullish on the $22.84 billion market cap company. The stock decreased 1.22% or $1.73 during the last trading session, reaching $140.29. About 876,310 shares traded. Cummins Inc. (NYSE:CMI) has declined 5.98% since August 12, 2017 and is downtrending. It has underperformed by 18.55% the S&P500. Some Historical CMI News: 24/04/2018 – LOUDSPRING OYJ – LOUDSPRING PORTFOLIO COMPANY ENERSIZE SIGNS REVENUE SHARING AGREEMENT WITH BEIJING FOTON CUMMINS; 24/05/2018 – CUMMINS INDIA LTD CUMM.NS – RECOMMENDED FINAL DIVIDEND OF 10 RUPEES PER SHARE; 22/03/2018 – Oracle Recognizes HR Pioneers in Annual Awards; 01/05/2018 – Cummins: Product Campaign Subject to Regulatory Approval; 01/05/2018 – Cummins 1Q EPS Cut 87c by Cost of Product Campaign; 01/05/2018 – Cummins Now Sees 2018 Revenue Up 10%-14%; 01/05/2018 – Cummins To Address Performance of Aftertreatment Component in Some On-Highway Products Produced Between 2010-2015; 20/03/2018 – Cummins Announces Sponsorship of the Nonprofit Federal Alliance for Safe Homes #HurricaneStrong Initiative to Raise Awareness of Hurricane Safety and Readiness; 22/03/2018 – Cricket-De Villiers wicket was catalyst for turnaround – Cummins; 14/05/2018 – CUMMINS & JAC MOTORS FORM JOINT VENTURE PARTNERSHIP

Among 31 analysts covering Cummins (NYSE:CMI), 9 have Buy rating, 2 Sell and 20 Hold. Therefore 29% are positive. Cummins had 123 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by William Blair on Friday, September 25. The stock of Cummins Inc. (NYSE:CMI) has “Hold” rating given on Friday, June 30 by Jefferies. The firm has “Hold” rating by Deutsche Bank given on Tuesday, September 22. The firm earned “Buy” rating on Tuesday, October 11 by Goldman Sachs. The firm has “Hold” rating given on Thursday, July 14 by Standpoint Research. Standpoint Research upgraded Cummins Inc. (NYSE:CMI) rating on Friday, August 21. Standpoint Research has “Buy” rating and $148 target. The stock of Cummins Inc. (NYSE:CMI) earned “Hold” rating by Stifel Nicolaus on Wednesday, May 2. The stock has “Hold” rating by Piper Jaffray on Tuesday, October 31. The stock of Cummins Inc. (NYSE:CMI) has “Neutral” rating given on Monday, April 11 by Macquarie Research. Deutsche Bank upgraded Cummins Inc. (NYSE:CMI) on Monday, March 19 to “Hold” rating.

More notable recent Cummins Inc. (NYSE:CMI) news were published by: Seekingalpha.com which released: “Cummins Inc. 2018 Q2 – Results – Earnings Call Slides” on July 31, 2018, also Seekingalpha.com with their article: “My Thoughts On Cummins’ Q2 2018 Results” published on August 02, 2018, Seekingalpha.com published: “Dividend Growth Portfolio Addition: Cummins Inc.” on August 01, 2018. More interesting news about Cummins Inc. (NYSE:CMI) were released by: Seekingalpha.com and their article: “Cummins’ Strength Could Be Stymied By Tariffs” published on July 23, 2018 as well as Seekingalpha.com‘s news article titled: “Cummins: Attractive Valuation Has Us Looking” with publication date: July 16, 2018.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.37, from 1.27 in 2017Q4. It is negative, as 70 investors sold CMI shares while 284 reduced holdings. 71 funds opened positions while 246 raised stakes. 128.35 million shares or 2.63% less from 131.82 million shares in 2017Q4 were reported. Laurion Limited Partnership reported 0.19% in Cummins Inc. (NYSE:CMI). Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.15% invested in Cummins Inc. (NYSE:CMI). Pinnacle Assoc Ltd invested in 1.14% or 357,571 shares. Jnba Financial Advsrs holds 0% in Cummins Inc. (NYSE:CMI) or 100 shares. Pensionfund Dsm Netherlands owns 0.51% invested in Cummins Inc. (NYSE:CMI) for 17,500 shares. Ledyard Commercial Bank invested in 2,075 shares. Guardian Life Of America holds 359 shares or 0.01% of its portfolio. Hartford Investment Management owns 30,926 shares. Kopp Investment Advsrs Ltd Liability Company has invested 0.9% in Cummins Inc. (NYSE:CMI). Massmutual Trust Comm Fsb Adv owns 23,132 shares or 0% of their US portfolio. Albert D Mason has 5,824 shares for 0.71% of their portfolio. Greenleaf accumulated 1,240 shares. Seaward Management Partnership accumulated 2,052 shares. Hollencrest Mngmt accumulated 1,483 shares or 0.03% of the stock. 8,128 are held by Kentucky Retirement.

More recent American Woodmark Corporation (NASDAQ:AMWD) news were published by: Finance.Yahoo.com which released: “The 5 Best Stocks to Buy for August” on July 31, 2018. Also Investorplace.com published the news titled: “The 5 Best Stocks to Buy This Earnings Season” on July 23, 2018. Finance.Yahoo.com‘s news article titled: “To Buy Home Depot Stock, You Have to Really Trust the Economy” with publication date: July 17, 2018 was also an interesting one.

Investors sentiment decreased to 1.04 in Q1 2018. Its down 0.16, from 1.2 in 2017Q4. It dived, as 29 investors sold AMWD 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. Parallax Volatility Advisers LP owns 0% invested in American Woodmark Corporation (NASDAQ:AMWD) for 722 shares. 61,327 were reported by Panagora Asset Mngmt. Signaturefd Ltd Liability Corp stated it has 2 shares. State Board Of Administration Of Florida Retirement owns 7,435 shares. Loomis Sayles Co Lp reported 119,197 shares. The Pennsylvania-based Federated Pa has invested 0% in American Woodmark Corporation (NASDAQ:AMWD). 14,788 are owned by Pnc Ser Grp. Voya Invest Mgmt Lc reported 6,272 shares. Swiss Bankshares has invested 0% of its portfolio in American Woodmark Corporation (NASDAQ:AMWD). Motley Fool Asset Ltd Liability holds 0.7% or 50,736 shares in its portfolio. Kames Capital Public Limited holds 14,587 shares. Fincl Bank Of New York Mellon Corporation has 0.01% invested in American Woodmark Corporation (NASDAQ:AMWD). Hbk Lp has invested 0% in American Woodmark Corporation (NASDAQ:AMWD). Moreover, Kennedy Mgmt has 0.2% invested in American Woodmark Corporation (NASDAQ:AMWD). Wells Fargo And Communication Mn stated it has 44,560 shares.

Analysts await American Woodmark Corporation (NASDAQ:AMWD) to report earnings on August, 28. They expect $1.96 EPS, up 59.35% or $0.73 from last year’s $1.23 per share. AMWD’s profit will be $34.40 million for 10.73 P/E if the $1.96 EPS becomes a reality. After $1.64 actual EPS reported by American Woodmark Corporation for the previous quarter, Wall Street now forecasts 19.51% EPS growth.

Since February 28, 2018, it had 2 insider purchases, and 8 selling transactions for $1.17 million activity. Another trade for 1,467 shares valued at $150,295 was made by Campbell Roger Perry on Monday, June 4. Shares for $498,031 were sold by MOERDYK CAROL B. Another trade for 2,000 shares valued at $195,100 was made by Tang Vance W on Wednesday, March 28. Cogan Andrew B sold $93,600 worth of stock or 900 shares. DAVIS JAMES G also bought $49,448 worth of American Woodmark Corporation (NASDAQ:AMWD) shares.

Among 3 analysts covering American Woodmark (NASDAQ:AMWD), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. American Woodmark had 12 analyst reports since November 20, 2015 according to SRatingsIntel. Longbow upgraded American Woodmark Corporation (NASDAQ:AMWD) on Friday, February 9 to “Buy” rating. As per Tuesday, March 6, the company rating was maintained by Robert W. Baird. Robert W. Baird maintained American Woodmark Corporation (NASDAQ:AMWD) rating on Wednesday, May 30. Robert W. Baird has “Outperform” rating and $136 target. The stock of American Woodmark Corporation (NASDAQ:AMWD) earned “Buy” rating by Robert W. Baird on Wednesday, August 23. Robert W. Baird maintained American Woodmark Corporation (NASDAQ:AMWD) rating on Friday, September 29. Robert W. Baird has “Buy” rating and $102.0 target. The rating was upgraded by Robert W. Baird on Friday, June 3 to “Outperform”. The stock has “Buy” rating by Robert W. Baird on Sunday, December 3. Robert W. Baird maintained it with “Outperform” rating and $88 target in Wednesday, August 24 report. The stock of American Woodmark Corporation (NASDAQ:AMWD) has “Buy” rating given on Thursday, October 19 by Robert W. Baird. As per Thursday, April 19, the company rating was maintained by Robert W. Baird.

Shell Asset Management Co, which manages about $5.02B US Long portfolio, upped its stake in Idex Corp (NYSE:IEX) by 8,032 shares to 11,312 shares, valued at $1.61M in 2018Q1, according to the filing. It also increased its holding in Walmart Inc (NYSE:WMT) by 3,465 shares in the quarter, for a total of 326,246 shares, and has risen its stake in Lennar Corp (NYSE:LEN).

American Woodmark Corporation (NASDAQ:AMWD) Institutional Positions Chart

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