Hotchkis & Wiley Capital Management LLC lessened its position in shares of American Vanguard Corporation (NYSE:AVD) by 86.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 156,573 shares of the basic materials company’s stock after selling 976,886 shares during the period. Hotchkis & Wiley Capital Management LLC owned approximately 0.53% of American Vanguard worth $3,586,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of AVD. Teachers Advisors LLC lifted its holdings in shares of American Vanguard by 2.7% during the 1st quarter. Teachers Advisors LLC now owns 50,213 shares of the basic materials company’s stock worth $834,000 after acquiring an additional 1,323 shares during the period. TIAA CREF Investment Management LLC lifted its stake in American Vanguard by 13.3% in the 1st quarter. TIAA CREF Investment Management LLC now owns 89,528 shares of the basic materials company’s stock valued at $1,486,000 after purchasing an additional 10,522 shares during the last quarter. Vanguard Group Inc. lifted its stake in American Vanguard by 5.2% in the 1st quarter. Vanguard Group Inc. now owns 2,430,201 shares of the basic materials company’s stock valued at $40,342,000 after purchasing an additional 119,462 shares during the last quarter. Geode Capital Management LLC lifted its stake in American Vanguard by 3.7% in the 1st quarter. Geode Capital Management LLC now owns 191,395 shares of the basic materials company’s stock valued at $3,177,000 after purchasing an additional 6,779 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its stake in American Vanguard by 6.0% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 102,232 shares of the basic materials company’s stock valued at $1,698,000 after purchasing an additional 5,814 shares during the last quarter. 76.36% of the stock is owned by institutional investors.

Several equities analysts recently commented on AVD shares. Zacks Investment Research downgraded shares of American Vanguard from a “buy” rating to a “sell” rating in a research note on Monday, November 6th. Roth Capital set a $22.00 price objective on shares of American Vanguard and gave the company a “buy” rating in a research note on Wednesday, August 23rd. Piper Jaffray Companies reissued a “hold” rating and issued a $23.00 price objective on shares of American Vanguard in a research note on Friday, November 3rd. Finally, BidaskClub downgraded shares of American Vanguard from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Two analysts have rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $25.33.

American Vanguard Corporation (AVD) remained flat at $$19.90 during mid-day trading on Friday. 60,682 shares of the company’s stock traded hands, compared to its average volume of 104,633. The stock has a market cap of $592.91, a P/E ratio of 36.85, a P/E/G ratio of 2.24 and a beta of 1.24. American Vanguard Corporation has a fifty-two week low of $14.65 and a fifty-two week high of $24.00. The company has a quick ratio of 1.20, a current ratio of 2.37 and a debt-to-equity ratio of 0.19.

American Vanguard (NYSE:AVD) last released its quarterly earnings results on Thursday, November 2nd. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.03). The business had revenue of $90.00 million for the quarter, compared to the consensus estimate of $89.17 million. American Vanguard had a net margin of 4.83% and a return on equity of 5.44%. American Vanguard’s revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.10 EPS. equities research analysts anticipate that American Vanguard Corporation will post 0.59 earnings per share for the current year.

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American Vanguard 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 (NYSE:AVD)

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