Graham Capital Management L.P. Grows Stock Holdings in American Vanguard Co. (NYSE:AVD)

Graham Capital Management L.P. lifted its position in American Vanguard Co. (NYSE:AVD) by 126.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,902 shares of the basic materials company’s stock after purchasing an additional 27,305 shares during the quarter. Graham Capital Management L.P.’s holdings in American Vanguard were worth $226,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Barclays PLC boosted its stake in American Vanguard by 59.3% in the third quarter. Barclays PLC now owns 73,112 shares of the basic materials company’s stock worth $388,000 after buying an additional 27,229 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of American Vanguard by 20.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 298,898 shares of the basic materials company’s stock worth $1,584,000 after acquiring an additional 50,230 shares during the last quarter. Ieq Capital LLC purchased a new stake in shares of American Vanguard in the 4th quarter valued at $54,000. Proficio Capital Partners LLC purchased a new stake in shares of American Vanguard in the 4th quarter valued at $94,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of American Vanguard by 133.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,575 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 3,753 shares during the last quarter. 79.04% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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 stock opened at $4.10 on Monday. The business has a 50-day moving average of $4.20 and a 200 day moving average of $4.95. 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 1-year low of $3.28 and a 1-year high of $9.84. The stock has a market capitalization of $118.03 million, a PE ratio of -3.98 and a beta of 1.24.

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.