Guyasuta Investment Advisors Inc. decreased its stake in American Vanguard Corporation (NYSE:AVD) by 11.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,000 shares of the basic materials company’s stock after selling 6,000 shares during the period. Guyasuta Investment Advisors Inc. owned 0.16% of American Vanguard Corporation worth $1,076,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Macquarie Group Ltd. bought a new position in American Vanguard Corporation during the third quarter worth about $141,000. Victory Capital Management Inc. acquired a new stake in American Vanguard Corporation during the third quarter worth approximately $153,000. Acrospire Investment Management LLC lifted its position in American Vanguard Corporation by 83.7% during the second quarter. Acrospire Investment Management LLC now owns 8,685 shares of the basic materials company’s stock worth $150,000 after acquiring an additional 3,956 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in American Vanguard Corporation by 54.0% during the second quarter. BNP Paribas Arbitrage SA now owns 9,019 shares of the basic materials company’s stock worth $156,000 after acquiring an additional 3,162 shares during the last quarter. Finally, IFC Holdings Incorporated FL acquired a new stake in American Vanguard Corporation during the third quarter worth approximately $222,000. Institutional investors own 76.66% of the company’s stock.

Shares of American Vanguard Corporation (NYSE AVD) opened at $19.90 on Friday. American Vanguard Corporation has a 1 year low of $14.65 and a 1 year high of $24.00. The firm has a market cap of $592.91, a P/E ratio of 36.85, a PEG ratio of 2.24 and a beta of 1.30. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.37 and a quick ratio of 1.20.

American Vanguard Corporation (NYSE:AVD) last announced its quarterly earnings data on Thursday, November 2nd. The basic materials company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.03). American Vanguard Corporation had a net margin of 4.83% and a return on equity of 5.44%. The firm had revenue of $90.00 million for the quarter, compared to analyst estimates of $89.17 million. During the same quarter in the prior year, the firm earned $0.10 earnings per share. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. analysts predict that American Vanguard Corporation will post 0.59 EPS for the current year.

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Several equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of American Vanguard Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Piper Jaffray Companies restated a “hold” rating and set a $23.00 price objective on shares of American Vanguard Corporation in a research report on Friday, November 3rd. Roth Capital set a $28.00 price target on shares of American Vanguard Corporation and gave the company a “buy” rating in a research report on Sunday, October 1st. Finally, BidaskClub downgraded shares of American Vanguard Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $25.33.

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)

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