Boston Partners Reduces Holdings in American Vanguard Corp. (AVD)

Boston Partners decreased its stake in American Vanguard Corp. (NYSE:AVD) by 15.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 213,248 shares of the basic materials company’s stock after selling 38,149 shares during the period. Boston Partners owned 0.72% of American Vanguard worth $4,190,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Macquarie Group Ltd. purchased a new position in shares of American Vanguard in the 3rd quarter valued at about $141,000. Victory Capital Management Inc. acquired a new stake in American Vanguard in the 3rd quarter valued at about $153,000. Campbell & CO Investment Adviser LLC acquired a new stake in American Vanguard in the 3rd quarter valued at about $221,000. IFC Holdings Incorporated FL acquired a new stake in American Vanguard in the 3rd quarter valued at about $222,000. Finally, Citadel Advisors LLC acquired a new stake in American Vanguard in the 3rd quarter valued at about $227,000. Hedge funds and other institutional investors own 76.92% of the company’s stock.

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

Shares of American Vanguard Corp. (NYSE:AVD) opened at $19.90 on Tuesday. American Vanguard Corp. has a 1 year low of $14.65 and a 1 year high of $24.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 2.37. The firm has a market cap of $592.91, a P/E ratio of 36.85, a PEG ratio of 1.55 and a beta of 1.21.

AVD has been the topic of several research analyst reports. Zacks Investment Research raised shares of American Vanguard from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Wednesday, November 1st. Piper Jaffray Companies restated a “hold” rating and issued a $23.00 price target on shares of American Vanguard in a report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $25.33.

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American Vanguard Company 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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