RMB Capital Management LLC Decreases Stake in American Vanguard Co. (NYSE:AVD)

RMB Capital Management LLC trimmed its holdings in shares of American Vanguard Co. (NYSE:AVDGet Rating) by 13.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 75,900 shares of the basic materials company’s stock after selling 12,150 shares during the quarter. RMB Capital Management LLC owned 0.25% of American Vanguard worth $1,542,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Rhumbline Advisers increased its holdings in American Vanguard by 2.5% during the 4th quarter. Rhumbline Advisers now owns 79,950 shares of the basic materials company’s stock worth $1,310,000 after purchasing an additional 1,980 shares during the last quarter. GSA Capital Partners LLP increased its stake in shares of American Vanguard by 8.8% in the fourth quarter. GSA Capital Partners LLP now owns 36,645 shares of the basic materials company’s stock worth $601,000 after buying an additional 2,970 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new stake in American Vanguard in the fourth quarter valued at $82,000. PDT Partners LLC raised its holdings in American Vanguard by 23.6% in the fourth quarter. PDT Partners LLC now owns 26,421 shares of the basic materials company’s stock valued at $433,000 after acquiring an additional 5,037 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in American Vanguard by 14.3% during the 4th quarter. First Trust Advisors LP now owns 43,657 shares of the basic materials company’s stock valued at $716,000 after acquiring an additional 5,464 shares during the last quarter. Institutional investors and hedge funds own 79.19% of the company’s stock.

American Vanguard Price Performance

AVD opened at $23.25 on Friday. The company has a market capitalization of $716.33 million, a P/E ratio of 27.68 and a beta of 0.83. The company has a 50-day moving average of $22.60 and a 200-day moving average of $20.16. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.03 and a current ratio of 1.79. American Vanguard Co. has a 1-year low of $13.82 and a 1-year high of $25.99.

American Vanguard (NYSE:AVDGet Rating) last announced its quarterly earnings data on Wednesday, May 4th. The basic materials company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.13. American Vanguard had a return on equity of 6.82% and a net margin of 4.31%. The firm had revenue of $149.44 million during the quarter, compared to analyst estimates of $130.50 million. During the same period in the previous year, the company earned $0.10 earnings per share. Equities analysts expect that American Vanguard Co. will post 1.05 EPS for the current fiscal year.

American Vanguard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 8th. Stockholders of record on Friday, June 24th were issued a $0.025 dividend. The ex-dividend date of this dividend was Thursday, June 23rd. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.43%. American Vanguard’s dividend payout ratio (DPR) is 11.90%.

Insider Activity at American Vanguard

In other American Vanguard news, insider Timothy Donnelly sold 12,663 shares of American Vanguard stock in a transaction on Monday, June 6th. The shares were sold at an average price of $24.96, for a total value of $316,068.48. Following the completion of the transaction, the insider now owns 70,302 shares of the company’s stock, valued at $1,754,737.92. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, insider Timothy Donnelly sold 12,663 shares of American Vanguard stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $24.96, for a total value of $316,068.48. Following the completion of the transaction, the insider now directly owns 70,302 shares of the company’s stock, valued at approximately $1,754,737.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO David` T. Johnson sold 6,721 shares of the business’s stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $24.86, for a total transaction of $167,084.06. Following the sale, the chief financial officer now directly owns 66,970 shares of the company’s stock, valued at approximately $1,664,874.20. The disclosure for this sale can be found here. Corporate insiders own 5.70% of the company’s stock.

About American Vanguard

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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, molluscicides, soil health, plant nutrition, growth regulators, and soil fumigants in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection.

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Institutional Ownership by Quarter for American Vanguard (NYSE:AVD)

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