Thrivent Financial for Lutherans grew its position in American Vanguard Corp. (NYSE:AVD) by 5.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,263 shares of the basic materials company’s stock after buying an additional 1,111 shares during the quarter. Thrivent Financial for Lutherans’ holdings in American Vanguard were worth $322,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of the company. ArrowMark Colorado Holdings LLC acquired a new stake in American Vanguard in the fourth quarter valued at approximately $3,135,000. Janus Henderson Group PLC boosted its stake in shares of American Vanguard by 56.7% during the first quarter. Janus Henderson Group PLC now owns 1,241,483 shares of the basic materials company’s stock valued at $17,952,000 after purchasing an additional 449,343 shares in the last quarter. State Street Corp grew its holdings in shares of American Vanguard by 7.5% during the first quarter. State Street Corp now owns 874,391 shares of the basic materials company’s stock worth $12,661,000 after purchasing an additional 61,224 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of American Vanguard in the first quarter valued at approximately $193,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in American Vanguard by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 166,841 shares of the basic materials company’s stock valued at $3,249,000 after buying an additional 3,852 shares during the last quarter. 79.55% of the stock is owned by institutional investors.
Several equities analysts have issued reports on AVD shares. Zacks Investment Research upgraded shares of American Vanguard from a “sell” rating to a “hold” rating in a research report on Tuesday. ValuEngine downgraded American Vanguard from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd.
AVD stock opened at $13.63 on Wednesday. The company has a quick ratio of 1.25, a current ratio of 2.52 and a debt-to-equity ratio of 0.52. The firm has a market cap of $411.07 million, a price-to-earnings ratio of 37.86 and a beta of 1.00. The company’s fifty day simple moving average is $12.89 and its 200 day simple moving average is $15.47. American Vanguard Corp. has a 12-month low of $11.35 and a 12-month high of $19.60.
American Vanguard (NYSE:AVD) last posted its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.01. American Vanguard had a return on equity of 3.03% and a net margin of 2.20%. The firm had revenue of $95.96 million during the quarter, compared to analyst estimates of $96.05 million. Research analysts expect that American Vanguard Corp. will post 0.48 earnings per share for the current year.
In related news, Director Esmail Zirakparvar acquired 3,280 shares of the stock in a transaction dated Friday, June 12th. The stock was bought at an average price of $12.49 per share, for a total transaction of $40,967.20. Following the purchase, the director now directly owns 41,939 shares of the company’s stock, valued at approximately $523,818.11. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 5.30% of the company’s stock.
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. The company manufactures and formulates chemicals, including insecticides, fungicides, herbicides, molluscicides, 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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