Corton Capital Inc. Invests $103,000 in American Vanguard Co. (NYSE:AVD)

Corton Capital Inc. bought a new stake in American Vanguard Co. (NYSE:AVD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 22,350 shares of the basic materials company’s stock, valued at approximately $103,000. Corton Capital Inc. owned approximately 0.08% of American Vanguard at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Topline Capital Management LLC bought a new position in American Vanguard during the fourth quarter valued at approximately $3,758,000. CastleKnight Management LP bought a new position in shares of American Vanguard during the 4th quarter valued at $1,368,000. Cubist Systematic Strategies LLC raised its position in American Vanguard by 264.8% in the 4th quarter. Cubist Systematic Strategies LLC now owns 193,846 shares of the basic materials company’s stock worth $898,000 after purchasing an additional 140,709 shares during the period. JPMorgan Chase & Co. lifted its stake in American Vanguard by 26.0% in the fourth quarter. JPMorgan Chase & Co. now owns 376,626 shares of the basic materials company’s stock worth $1,744,000 after purchasing an additional 77,728 shares during the last quarter. Finally, Gamco Investors INC. ET AL purchased a new stake in American Vanguard during the fourth quarter valued at about $278,000. 79.04% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

American Vanguard Stock Performance

Shares of AVD opened at $4.38 on Friday. The firm has a market capitalization of $125.95 million, a P/E ratio of -4.25 and a beta of 1.24. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 0.79. American Vanguard Co. has a one year low of $3.28 and a one year high of $12.67. The business has a fifty day moving average of $4.25 and a 200 day moving average of $5.00.

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.