Gamco Investors INC. ET AL Acquires New Holdings in American Vanguard Co. (NYSE:AVD)

Gamco Investors INC. ET AL bought a new position in American Vanguard Co. (NYSE:AVD) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 60,000 shares of the basic materials company’s stock, valued at approximately $278,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AVD. Wells Fargo & Company MN increased its holdings in American Vanguard by 23.8% during the 4th quarter. Wells Fargo & Company MN now owns 14,952 shares of the basic materials company’s stock worth $69,000 after purchasing an additional 2,875 shares in the last quarter. Gabelli Funds LLC boosted its position in shares of American Vanguard by 15.8% during the fourth quarter. Gabelli Funds LLC now owns 22,000 shares of the basic materials company’s stock worth $102,000 after buying an additional 3,000 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of American Vanguard by 133.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,575 shares of the basic materials company’s stock worth $30,000 after buying an additional 3,753 shares in the last quarter. Intech Investment Management LLC acquired a new stake in American Vanguard in the 4th quarter valued at approximately $50,000. Finally, Ieq Capital LLC bought a new stake in American Vanguard in the 4th quarter valued at approximately $54,000. 79.04% of the stock is owned by institutional investors.

American Vanguard Price Performance

Shares of NYSE AVD opened at $3.78 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 0.79. The business has a 50-day moving average of $4.55 and a 200-day moving average of $5.09. The stock has a market capitalization of $108.70 million, a price-to-earnings ratio of -3.67 and a beta of 1.03. American Vanguard Co. has a fifty-two week low of $3.28 and a fifty-two week high of $12.67.

Wall Street Analysts Forecast Growth

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

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. 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.