23,046 Shares in American Vanguard Co. (NYSE:AVD) Purchased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership acquired a new stake in shares of American Vanguard Co. (NYSE:AVD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 23,046 shares of the basic materials company’s stock, valued at approximately $107,000. Arrowstreet Capital Limited Partnership owned about 0.08% of American Vanguard as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of American Vanguard by 26.0% during the fourth quarter. JPMorgan Chase & Co. now owns 376,626 shares of the basic materials company’s stock worth $1,744,000 after acquiring an additional 77,728 shares during the period. FMR LLC grew its holdings in shares of American Vanguard by 28.0% in the 3rd quarter. FMR LLC now owns 156,691 shares of the basic materials company’s stock worth $830,000 after acquiring an additional 34,297 shares during the period. The Manufacturers Life Insurance Company grew its holdings in American Vanguard by 40.3% in the third quarter. The Manufacturers Life Insurance Company now owns 99,536 shares of the basic materials company’s stock valued at $528,000 after purchasing an additional 28,613 shares during the last quarter. Barclays PLC increased its position in shares of American Vanguard by 59.3% in the third quarter. Barclays PLC now owns 73,112 shares of the basic materials company’s stock valued at $388,000 after buying an additional 27,229 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in shares of American Vanguard during the 4th quarter worth $94,000. 79.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Lake Street Capital set a $14.00 price objective on American Vanguard in a research report on Tuesday, January 21st.

American Vanguard Price Performance

Shares of NYSE:AVD opened at $3.77 on Monday. American Vanguard Co. has a 52 week low of $3.28 and a 52 week high of $12.67. The business has a fifty day simple moving average of $4.73 and a 200-day simple moving average of $5.14. The company has a market cap of $108.39 million, a P/E ratio of -3.66 and a beta of 1.03. The company has a quick ratio of 0.79, a current ratio of 1.89 and a debt-to-equity ratio of 0.55.

American Vanguard Profile

American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. It manufactures and formulates chemicals, including insecticides, fungicides, herbicides, soil health, plant nutrition, molluscicides, growth regulators, soil fumigants, and biorationals in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection.