Intech Investment Management LLC Acquires Shares of 10,794 American Vanguard Co. (NYSE:AVD)

Intech Investment Management LLC bought a new position in American Vanguard Co. (NYSE:AVD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,794 shares of the basic materials company’s stock, valued at approximately $50,000.

A number of other institutional investors have also recently made changes to their positions in AVD. PNC Financial Services Group Inc. raised its holdings in American Vanguard by 133.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,575 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 3,753 shares during the last quarter. Quantbot Technologies LP raised its stake in shares of American Vanguard by 64.5% in the third quarter. Quantbot Technologies LP now owns 11,291 shares of the basic materials company’s stock worth $60,000 after purchasing an additional 4,429 shares during the last quarter. Ieq Capital LLC bought a new position in shares of American Vanguard during the fourth quarter valued at $54,000. Jacobs Levy Equity Management Inc. boosted its position in shares of American Vanguard by 4.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 271,225 shares of the basic materials company’s stock valued at $1,437,000 after buying an additional 11,751 shares during the last quarter. Finally, Quantinno Capital Management LP bought a new stake in American Vanguard in the 3rd quarter worth about $89,000. Hedge funds and other institutional investors own 79.04% of the company’s stock.

Analyst Upgrades and Downgrades

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

American Vanguard Price Performance

NYSE AVD opened at $4.42 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 0.79. American Vanguard Co. has a 1-year low of $4.20 and a 1-year high of $13.13. The stock has a market capitalization of $127.24 million, a price-to-earnings ratio of -4.29 and a beta of 0.91. The business’s fifty day moving average price is $5.20 and its 200-day moving average price is $5.30.

American Vanguard Company 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.