Metropolitan Life Insurance Co. NY held its stake in shares of American Vanguard Corporation (NYSE:AVD) during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 21,202 shares of the basic materials company’s stock at the end of the first quarter. Metropolitan Life Insurance Co. NY owned about 0.07% of American Vanguard Corporation worth $352,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Mason Street Advisors LLC increased its stake in shares of American Vanguard Corporation by 7.0% in the first quarter. Mason Street Advisors LLC now owns 6,041 shares of the basic materials company’s stock valued at $100,000 after buying an additional 395 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in shares of American Vanguard Corporation by 1.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,500 shares of the basic materials company’s stock valued at $174,000 after buying an additional 100 shares during the last quarter. Hancock Holding Co. acquired a new stake in shares of American Vanguard Corporation during the first quarter valued at $186,000. Oxford Asset Management acquired a new stake in shares of American Vanguard Corporation during the first quarter valued at $192,000. Finally, Hartford Investment Management Co. increased its stake in shares of American Vanguard Corporation by 20.2% in the first quarter. Hartford Investment Management Co. now owns 12,500 shares of the basic materials company’s stock valued at $208,000 after buying an additional 2,100 shares during the last quarter. Hedge funds and other institutional investors own 77.75% of the company’s stock.

Shares of American Vanguard Corporation (NYSE AVD) traded up 0.25% during mid-day trading on Friday, reaching $19.70. The company’s stock had a trading volume of 94,745 shares. American Vanguard Corporation has a one year low of $14.20 and a one year high of $20.85. The stock has a market cap of $586.73 million, a P/E ratio of 40.20 and a beta of 1.38. The stock has a 50 day moving average of $18.89 and a 200-day moving average of $17.32.

American Vanguard Corporation (NYSE:AVD) last announced its earnings results on Monday, July 31st. The basic materials company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. American Vanguard Corporation had a net margin of 4.56% and a return on equity of 5.10%. The business had revenue of $77.90 million during the quarter, compared to the consensus estimate of $77.71 million. During the same quarter in the prior year, the firm earned $0.11 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities research analysts expect that American Vanguard Corporation will post $0.62 EPS for the current fiscal year.

WARNING: This news story was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another domain, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2017/08/20/metropolitan-life-insurance-co-ny-holds-position-in-american-vanguard-corporation-avd.html.

AVD has been the topic of several research reports. TheStreet upgraded American Vanguard Corporation from a “c+” rating to a “b-” rating in a report on Friday, May 5th. Roth Capital set a $22.00 price objective on American Vanguard Corporation and gave the stock a “buy” rating in a report on Tuesday, August 1st. Zacks Investment Research upgraded American Vanguard Corporation from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a report on Friday, July 7th. Finally, BidaskClub upgraded American Vanguard Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. American Vanguard Corporation presently has a consensus rating of “Hold” and an average target price of $19.33.

In related news, insider David` T. Johnson sold 6,000 shares of the firm’s stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $19.00, for a total value of $114,000.00. Following the completion of the sale, the insider now owns 35,040 shares in the company, valued at $665,760. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 4.70% of the stock is currently owned by corporate insiders.

American Vanguard Corporation Company Profile

American Vanguard Corporation operates as a holding company. The Company conducts its business through its subsidiaries, AMVAC Chemical Corporation (AMVAC), GemChem, Inc (GemChem), 2110 Davie Corporation (DAVIE), Quimica Amvac de Mexico SA de C.V. (AMVAC M), AMVAC Mexico Sociedad de Responsabilidad Limitada (AMVAC M Srl), AMVAC de Costa Rica Sociedad de Responsabilidad Limitada (AMVAC CR Srl), AMVAC Switzerland GmbH (AMVAC S), AMVAC do Brasil Representacoes Ltda (AMVAC B), AMVAC C.V.

Institutional Ownership by Quarter for American Vanguard Corporation (NYSE:AVD)

Receive News & Stock Ratings for American Vanguard Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Vanguard Corporation and related stocks with our FREE daily email newsletter.