Pullen Investment Management LLC Has $1.07 Million Position in American Vanguard Co. (NYSE:AVD)

Pullen Investment Management LLC raised its position in shares of American Vanguard Co. (NYSE:AVD - Free Report) by 36.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 243,143 shares of the basic materials company's stock after purchasing an additional 64,901 shares during the quarter. Pullen Investment Management LLC owned approximately 0.84% of American Vanguard worth $1,070,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AVD. Ieq Capital LLC acquired a new stake in American Vanguard during the 4th quarter valued at approximately $54,000. Proficio Capital Partners LLC acquired a new stake in American Vanguard during the 4th quarter valued at approximately $94,000. PNC Financial Services Group Inc. increased its position in 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 period. Intech Investment Management LLC acquired a new stake in American Vanguard during the 4th quarter valued at approximately $50,000. Finally, American Century Companies Inc. increased its position in American Vanguard by 23.2% during the 4th quarter. American Century Companies Inc. now owns 64,072 shares of the basic materials company's stock valued at $297,000 after purchasing an additional 12,057 shares during the period. Institutional investors and hedge funds own 79.04% of the company's stock.

American Vanguard Trading Down 7.3%

Shares of NYSE:AVD traded down $0.33 during mid-day trading on Friday, hitting $4.19. The company had a trading volume of 136,941 shares, compared to its average volume of 269,069. The firm has a fifty day moving average price of $4.24 and a 200 day moving average price of $4.76. The company has a market capitalization of $118.25 million, a PE ratio of -4.07 and a beta of 1.28. 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 $9.84.

American Vanguard (NYSE:AVD - Get Free Report) last released its quarterly earnings data on Friday, June 6th. The basic materials company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.21). The company had revenue of $127.00 million during the quarter, compared to the consensus estimate of $127.00 million. American Vanguard had a negative net margin of 5.22% and a negative return on equity of 3.45%. During the same quarter in the prior year, the firm earned $0.06 EPS.

Wall Street Analysts Forecast Growth

AVD has been the subject of several research analyst reports. Wall Street Zen upgraded shares of American Vanguard from a "sell" rating to a "hold" rating in a research note on Sunday. Lake Street Capital lowered their price objective on shares of American Vanguard from $14.00 to $12.00 and set a "buy" rating for the company in a research note on Monday, June 9th.

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.