Heartland Advisors Inc. boosted its position in American Vanguard Corporation (NYSE:AVD) by 32.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 871,469 shares of the basic materials company’s stock after buying an additional 214,141 shares during the period. American Vanguard Corporation makes up about 1.0% of Heartland Advisors Inc.’s portfolio, making the stock its 21st largest position. Heartland Advisors Inc. owned approximately 2.93% of American Vanguard Corporation worth $15,033,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Teachers Advisors LLC raised its stake in American Vanguard Corporation by 11.4% in the fourth quarter. Teachers Advisors LLC now owns 48,890 shares of the basic materials company’s stock worth $936,000 after buying an additional 5,000 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in 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 worth $174,000 after buying an additional 100 shares during the last quarter. Hartford Investment Management Co. raised its stake in 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 worth $208,000 after buying an additional 2,100 shares during the last quarter. Strs Ohio raised its stake in American Vanguard Corporation by 7.0% in the first quarter. Strs Ohio now owns 42,800 shares of the basic materials company’s stock worth $710,000 after buying an additional 2,800 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in American Vanguard Corporation by 5.4% in the first quarter. Russell Investments Group Ltd. now owns 158,395 shares of the basic materials company’s stock worth $2,629,000 after buying an additional 8,161 shares during the last quarter. Hedge funds and other institutional investors own 76.87% of the company’s stock.

Shares of American Vanguard Corporation (NYSE:AVD) traded up 0.76% during trading on Thursday, reaching $19.90. 1,841 shares of the company’s stock traded hands. American Vanguard Corporation has a 1-year low of $14.20 and a 1-year high of $20.85. The stock has a market capitalization of $592.68 million, a PE ratio of 40.61 and a beta of 1.38. The company has a 50 day moving average price of $19.20 and a 200 day moving average price of $17.42.

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

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AVD has been the topic of several recent analyst reports. TheStreet upgraded shares of American Vanguard Corporation from a “c+” rating to a “b-” rating in a research note on Friday, May 5th. Zacks Investment Research upgraded shares of American Vanguard Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, May 9th. BidaskClub upgraded shares of American Vanguard Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, Roth Capital set a $22.00 price target on shares of American Vanguard Corporation and gave the company a “buy” rating in a research note on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $19.33.

In other news, insider David` T. Johnson sold 6,000 shares of American Vanguard Corporation stock in a transaction on Monday, July 17th. The stock was 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 directly owns 35,040 shares of the company’s stock, valued at approximately $665,760. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 4.70% of the stock is currently owned by company insiders.

About American Vanguard Corporation

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)

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