Jump Financial LLC Buys 11,032 Shares of American Vanguard Co. (NYSE:AVD)

Jump Financial LLC raised its holdings in shares of American Vanguard Co. (NYSE:AVDFree Report) by 53.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 31,532 shares of the basic materials company’s stock after acquiring an additional 11,032 shares during the period. Jump Financial LLC’s holdings in American Vanguard were worth $345,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. purchased a new position in American Vanguard during the third quarter worth about $2,370,000. Strs Ohio purchased a new position in American Vanguard during the second quarter worth about $550,000. Russell Investments Group Ltd. grew its position in American Vanguard by 16.0% during the second quarter. Russell Investments Group Ltd. now owns 119,580 shares of the basic materials company’s stock worth $2,137,000 after buying an additional 16,499 shares in the last quarter. Simplicity Solutions LLC grew its position in American Vanguard by 11.7% during the third quarter. Simplicity Solutions LLC now owns 16,651 shares of the basic materials company’s stock worth $182,000 after buying an additional 1,748 shares in the last quarter. Finally, Rice Hall James & Associates LLC grew its position in American Vanguard by 24.7% during the third quarter. Rice Hall James & Associates LLC now owns 180,486 shares of the basic materials company’s stock worth $1,973,000 after buying an additional 35,746 shares in the last quarter. 79.93% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Ulrich Trogele bought 5,015 shares of the stock in a transaction dated Thursday, December 7th. The stock was bought at an average price of $9.97 per share, with a total value of $49,999.55. Following the purchase, the insider now owns 184,188 shares in the company, valued at approximately $1,836,354.36. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders bought a total of 12,503 shares of company stock valued at $128,604 over the last 90 days. Insiders own 9.30% of the company’s stock.

American Vanguard Trading Up 4.8 %

Shares of AVD stock opened at $11.02 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 2.49 and a debt-to-equity ratio of 0.61. The business has a 50-day moving average price of $10.60 and a two-hundred day moving average price of $11.46. American Vanguard Co. has a 12-month low of $8.41 and a 12-month high of $22.58. The firm has a market cap of $316.83 million, a P/E ratio of 68.88 and a beta of 1.00.

American Vanguard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.09%. The ex-dividend date was Thursday, December 28th. American Vanguard’s dividend payout ratio (DPR) is currently 75.00%.

Wall Street Analysts Forecast Growth

Separately, Roth Capital reaffirmed a “buy” rating on shares of American Vanguard in a research note on Wednesday, January 31st.

View Our Latest Stock Analysis on American Vanguard

American Vanguard Profile

(Free Report)

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, molluscicides, soil health, plant nutrition, growth regulators, and soil fumigants in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection.

Read More

Want to see what other hedge funds are holding AVD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Vanguard Co. (NYSE:AVDFree Report).

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

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