Wells Fargo & Company MN Increases Position in American Vanguard Co. (NYSE:AVD)

Wells Fargo & Company MN increased its position in American Vanguard Co. (NYSE:AVD) by 23.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,952 shares of the basic materials company’s stock after purchasing an additional 2,875 shares during the period. Wells Fargo & Company MN’s holdings in American Vanguard were worth $69,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of AVD. Wellington Management Group LLP boosted its stake in American Vanguard by 2.0% in the fourth quarter. Wellington Management Group LLP now owns 1,498,061 shares of the basic materials company’s stock valued at $6,936,000 after acquiring an additional 29,713 shares during the period. Geode Capital Management LLC raised its holdings in shares of American Vanguard by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 595,771 shares of the basic materials company’s stock valued at $2,759,000 after buying an additional 13,798 shares during the last quarter. JPMorgan Chase & Co. raised its holdings 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 valued at $1,744,000 after buying an additional 77,728 shares during the last quarter. Barclays PLC raised its holdings in shares of American Vanguard by 59.3% during 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 during the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of American Vanguard by 23.2% during the fourth quarter. American Century Companies Inc. now owns 64,072 shares of the basic materials company’s stock valued at $297,000 after buying an additional 12,057 shares during the last quarter. 79.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

American Vanguard Price Performance

Shares of NYSE:AVD opened at $4.39 on Wednesday. American Vanguard Co. has a 12 month low of $3.28 and a 12 month high of $9.84. The stock has a market cap of $126.38 million, a price-to-earnings ratio of -4.26 and a beta of 1.24. The stock’s 50 day moving average price is $4.23 and its 200 day moving average price is $4.97. 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 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.