BNP Paribas Arbitrage SA increased its position in American Vanguard Corp. (NYSE:AVD) by 58.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 14,294 shares of the basic materials company’s stock after purchasing an additional 5,275 shares during the period. BNP Paribas Arbitrage SA’s holdings in American Vanguard were worth $327,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of American Vanguard by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 2,505,167 shares of the basic materials company’s stock valued at $43,214,000 after purchasing an additional 74,966 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of American Vanguard by 3.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,453,236 shares of the basic materials company’s stock valued at $42,318,000 after purchasing an additional 82,986 shares during the last quarter. Heartland Advisors Inc. lifted its holdings in shares of American Vanguard by 32.6% in the 2nd quarter. Heartland Advisors Inc. now owns 871,469 shares of the basic materials company’s stock valued at $15,033,000 after purchasing an additional 214,141 shares during the last quarter. Walthausen & Co. LLC lifted its holdings in shares of American Vanguard by 57.7% in the 2nd quarter. Walthausen & Co. LLC now owns 701,722 shares of the basic materials company’s stock valued at $12,105,000 after purchasing an additional 256,637 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of American Vanguard by 4.2% in the 2nd quarter. State Street Corp now owns 663,208 shares of the basic materials company’s stock valued at $11,442,000 after purchasing an additional 26,587 shares during the last quarter. 76.61% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently weighed in on AVD. Zacks Investment Research raised American Vanguard from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a report on Wednesday, November 1st. BidaskClub downgraded American Vanguard from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Piper Jaffray Companies restated a “hold” rating and issued a $23.00 price target on shares of American Vanguard in a research report on Friday, November 3rd. Finally, Roth Capital set a $28.00 price target on American Vanguard and gave the company a “buy” rating in a research report on Sunday, October 1st. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. American Vanguard currently has an average rating of “Hold” and an average target price of $25.33.

In related news, insider Timothy Donnelly sold 4,000 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $19.36, for a total value of $77,440.00. Following the transaction, the insider now owns 37,564 shares in the company, valued at approximately $727,239.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David` T. Johnson sold 6,611 shares of the business’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $18.87, for a total value of $124,749.57. Following the completion of the transaction, the insider now owns 28,429 shares in the company, valued at approximately $536,455.23. The disclosure for this sale can be found here. Insiders own 4.70% of the company’s stock.

American Vanguard Corp. (AVD) opened at $18.65 on Tuesday. The stock has a market capitalization of $557.16, a PE ratio of 34.63, a P/E/G ratio of 2.10 and a beta of 1.23. American Vanguard Corp. has a 52-week low of $14.65 and a 52-week high of $24.00. 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 (NYSE:AVD) last issued 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 company had revenue of $90.00 million during the quarter, compared to analyst estimates of $89.17 million. American Vanguard had a net margin of 4.83% and a return on equity of 5.44%. The business’s revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.10 EPS. equities analysts expect that American Vanguard Corp. will post 0.59 earnings per share for the current fiscal 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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