D. E. Shaw & Co. Inc. Grows Stock Position in American Vanguard Co. (NYSE:AVD)

D. E. Shaw & Co. Inc. lifted its stake in shares of American Vanguard Co. (NYSE:AVD - Free Report) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 990,238 shares of the basic materials company's stock after purchasing an additional 88,070 shares during the quarter. D. E. Shaw & Co. Inc. owned 3.44% of American Vanguard worth $4,585,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Corton Capital Inc. bought a new stake in shares of American Vanguard during the 4th quarter valued at about $103,000. Cubist Systematic Strategies LLC raised its stake in American Vanguard by 264.8% in the fourth quarter. Cubist Systematic Strategies LLC now owns 193,846 shares of the basic materials company's stock valued at $898,000 after purchasing an additional 140,709 shares in the last quarter. CastleKnight Management LP bought a new stake in American Vanguard during the fourth quarter valued at approximately $1,368,000. Bayesian Capital Management LP bought a new stake in American Vanguard during the fourth quarter valued at approximately $54,000. Finally, Bank of America Corp DE grew its stake in American Vanguard by 232.9% in the 4th quarter. Bank of America Corp DE now owns 73,149 shares of the basic materials company's stock worth $339,000 after buying an additional 51,174 shares in the last quarter. Hedge funds and other institutional investors own 79.04% of the company's stock.

Wall Street Analyst Weigh In

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

American Vanguard Trading Down 2.5%

Shares of AVD traded down $0.11 during mid-day trading on Wednesday, reaching $4.26. The company's stock had a trading volume of 100,981 shares, compared to its average volume of 269,315. The stock has a market cap of $122.64 million, a PE ratio of -4.14 and a beta of 1.24. The company has a current ratio of 1.89, a quick ratio of 0.79 and a debt-to-equity ratio of 0.55. American Vanguard Co. has a 52 week low of $3.28 and a 52 week high of $9.84. The company's fifty day moving average price is $4.18 and its two-hundred day moving average price is $4.93.

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.