Schroder Investment Management Group lowered its position in American Vanguard Co. (NYSE:AVD - Free Report) by 23.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 523,444 shares of the basic materials company's stock after selling 160,011 shares during the period. Schroder Investment Management Group owned 1.82% of American Vanguard worth $2,392,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in American Vanguard by 133.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,575 shares of the basic materials company's stock valued at $30,000 after buying an additional 3,753 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of American Vanguard by 64.5% in the 3rd quarter. Quantbot Technologies LP now owns 11,291 shares of the basic materials company's stock valued at $60,000 after acquiring an additional 4,429 shares in the last quarter. Intech Investment Management LLC acquired a new stake in American Vanguard in the 4th quarter worth approximately $50,000. Ieq Capital LLC bought a new stake in American Vanguard during the fourth quarter worth approximately $54,000. Finally, Jacobs Levy Equity Management Inc. grew its holdings in American Vanguard by 4.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 271,225 shares of the basic materials company's stock valued at $1,437,000 after purchasing an additional 11,751 shares during the last quarter. Institutional investors and hedge funds own 79.04% of the company's stock.
Analysts Set New Price Targets
Separately, Lake Street Capital set a $14.00 price objective on shares of American Vanguard in a research note on Tuesday, January 21st.
Check Out Our Latest Stock Report on AVD
American Vanguard Stock Performance
Shares of American Vanguard stock traded up $0.21 during trading on Friday, reaching $3.77. The company's stock had a trading volume of 117,514 shares, compared to its average volume of 278,769. American Vanguard Co. has a one year low of $3.28 and a one year high of $12.67. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.79 and a current ratio of 1.89. The firm has a market cap of $108.39 million, a price-to-earnings ratio of -3.66 and a beta of 1.03. The business's fifty day moving average price is $4.73 and its 200-day moving average price is $5.14.
About American Vanguard
(
Free Report)
American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. It manufactures and formulates chemicals, including insecticides, fungicides, herbicides, soil health, plant nutrition, molluscicides, growth regulators, soil fumigants, and biorationals in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection.
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