American Vanguard Corporation (AVD) Stake Maintained by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado held its position in shares of American Vanguard Corporation (NYSE:AVD) during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 14,358 shares of the basic materials company’s stock at the end of the first quarter. Public Employees Retirement Association of Colorado’s holdings in American Vanguard Corporation were worth $238,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Louisiana State Employees Retirement System boosted its position in American Vanguard Corporation by 1.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,500 shares of the basic materials company’s stock worth $174,000 after buying an additional 100 shares during the last quarter. Hartford Investment Management Co. boosted its position in American Vanguard Corporation by 20.2% in the first quarter. Hartford Investment Management Co. now owns 12,500 shares of the basic materials company’s stock worth $208,000 after buying an additional 2,100 shares during the last quarter. Comerica Bank boosted its position in American Vanguard Corporation by 5.9% in the fourth quarter. Comerica Bank now owns 27,549 shares of the basic materials company’s stock worth $481,000 after buying an additional 1,534 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in American Vanguard Corporation by 9.4% in the first quarter. Great West Life Assurance Co. Can now owns 36,394 shares of the basic materials company’s stock worth $602,000 after buying an additional 3,115 shares during the last quarter. Finally, Strs Ohio boosted its position in American Vanguard Corporation by 7.0% in the first quarter. Strs Ohio now owns 42,800 shares of the basic materials company’s stock worth $710,000 after buying an additional 2,800 shares during the last quarter. 77.27% of the stock is currently owned by hedge funds and other institutional investors.

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

American Vanguard Corporation (NYSE AVD) opened at 17.70 on Friday. American Vanguard Corporation has a 52-week low of $13.74 and a 52-week high of $20.00. The firm has a market cap of $527.16 million, a PE ratio of 38.48 and a beta of 1.34. The firm has a 50-day moving average of $17.35 and a 200-day moving average of $17.17.

American Vanguard Corporation (NYSE:AVD) last issued its quarterly earnings results on Thursday, May 4th. The basic materials company reported $0.12 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.12. American Vanguard Corporation had a return on equity of 4.80% and a net margin of 4.30%. The firm had revenue of $70.70 million for the quarter, compared to analyst estimates of $74.92 million. During the same period last year, the company earned $0.10 EPS. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. Equities analysts anticipate that American Vanguard Corporation will post $0.59 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Shareholders of record on Friday, June 30th will be paid a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date of this dividend is Wednesday, June 28th. American Vanguard Corporation’s payout ratio is 13.04%.

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A number of research firms have commented on AVD. Roth Capital set a $18.00 target price on shares of American Vanguard Corporation and gave the company a “buy” rating in a research report on Saturday, March 18th. Feltl & Co. reaffirmed a “strong-buy” rating on shares of American Vanguard Corporation in a research report on Wednesday, March 8th. Zacks Investment Research cut shares of American Vanguard Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, March 9th. Finally, TheStreet raised shares of American Vanguard Corporation from a “c+” rating to a “b-” rating in a research report on Friday, May 5th. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $17.50.

In other American Vanguard Corporation news, CEO Eric G. Wintemute sold 20,000 shares of the firm’s stock in a transaction dated Friday, May 5th. The stock was sold at an average price of $16.19, for a total value of $323,800.00. Following the sale, the chief executive officer now directly owns 902,003 shares of the company’s stock, valued at approximately $14,603,428.57. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Eric G. Wintemute sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, March 21st. The stock was sold at an average price of $15.24, for a total value of $152,400.00. Following the completion of the sale, the chief executive officer now directly owns 932,003 shares in the company, valued at $14,203,725.72. The disclosure for this sale can be found here. Over the last three months, insiders sold 60,000 shares of company stock worth $969,400. 4.70% of the stock is owned by corporate insiders.

American Vanguard Corporation 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.

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