Jacobs Levy Equity Management Inc. Has $2.06 Million Stock Holdings in American Vanguard Co. (NYSE:AVD)

Jacobs Levy Equity Management Inc. grew its holdings in American Vanguard Co. (NYSE:AVD) by 63.9% during the 4th quarter, HoldingsChannel reports. The firm owned 444,574 shares of the basic materials company’s stock after purchasing an additional 173,349 shares during the quarter. Jacobs Levy Equity Management Inc.’s holdings in American Vanguard were worth $2,058,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Barclays PLC lifted its stake in American Vanguard by 59.3% in the 3rd quarter. Barclays PLC now owns 73,112 shares of the basic materials company’s stock valued at $388,000 after purchasing an additional 27,229 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in 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 purchasing an additional 50,230 shares in the last quarter. Ieq Capital LLC bought a new position in American Vanguard in the fourth quarter valued at about $54,000. Proficio Capital Partners LLC acquired a new stake in shares of American Vanguard during the fourth quarter valued at about $94,000. Finally, PNC Financial Services Group Inc. increased its position in American Vanguard by 133.0% in 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 acquiring an additional 3,753 shares during the period. Institutional investors and hedge funds own 79.04% of the company’s stock.

Analysts Set New Price Targets

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

American Vanguard Stock Performance

AVD stock opened at $4.11 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.89 and a debt-to-equity ratio of 0.55. The firm has a market cap of $118.32 million, a PE ratio of -3.99 and a beta of 1.24. The business has a 50 day moving average of $4.21 and a 200-day moving average of $4.96. American Vanguard Co. has a 12-month low of $3.28 and a 12-month high of $9.84.

About American Vanguard

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.