American Vanguard Co. (NYSE:AVD) Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its position in American Vanguard Co. (NYSE:AVD) by 133.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,575 shares of the basic materials company’s stock after acquiring an additional 3,753 shares during the quarter. PNC Financial Services Group Inc.’s holdings in American Vanguard were worth $30,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP raised its position in American Vanguard by 64.5% in the third quarter. Quantbot Technologies LP now owns 11,291 shares of the basic materials company’s stock valued at $60,000 after purchasing an additional 4,429 shares during the period. Ieq Capital LLC acquired a new position in American Vanguard during the 4th quarter worth approximately $54,000. Quantinno Capital Management LP purchased a new position in American Vanguard in the 3rd quarter worth approximately $89,000. XTX Topco Ltd acquired a new stake in American Vanguard in the third quarter valued at approximately $104,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of American Vanguard during the fourth quarter valued at approximately $94,000. Hedge funds and other institutional investors own 79.04% of the company’s stock.

American Vanguard Stock Performance

AVD stock opened at $4.65 on Friday. The stock’s fifty day moving average is $5.21 and its two-hundred day moving average is $5.32. The stock has a market capitalization of $133.72 million, a price-to-earnings ratio of -4.51 and a beta of 0.91. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.79 and a current ratio of 1.89. American Vanguard Co. has a 1 year low of $4.20 and a 1 year high of $13.13.

Wall Street Analyst Weigh In

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

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.