BidaskClub lowered shares of American Vanguard Corporation (NYSE:AVD) from a hold rating to a sell rating in a report issued on Thursday.

Several other research analysts also recently weighed in on AVD. Zacks Investment Research upgraded American Vanguard Corporation from a sell rating to a hold rating in a research note on Monday, April 10th. TheStreet upgraded American Vanguard Corporation from a c+ rating to a b- rating in a research note on Friday, May 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $18.00.

American Vanguard Corporation (NYSE AVD) opened at 17.95 on Thursday. The firm has a 50-day moving average price of $17.93 and a 200-day moving average price of $17.04. American Vanguard Corporation has a one year low of $14.20 and a one year high of $20.00. The firm has a market capitalization of $534.60 million, a P/E ratio of 39.02 and a beta of 1.37.

American Vanguard Corporation (NYSE:AVD) last announced its earnings results on Thursday, May 4th. The basic materials company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. American Vanguard Corporation had a return on equity of 4.80% and a net margin of 4.30%. The company had revenue of $70.70 million for the quarter, compared to the consensus estimate of $74.92 million. During the same period last year, the business posted $0.10 EPS. The company’s revenue was up 1.7% on a year-over-year basis. Equities analysts anticipate that American Vanguard Corporation will post $0.59 earnings per share for the current year.

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The firm also recently declared a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Friday, June 30th were paid a $0.015 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.33%. American Vanguard Corporation’s dividend payout ratio (DPR) is presently 13.04%.

In related news, CEO Eric G. Wintemute sold 20,000 shares of American Vanguard Corporation stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of $16.19, for a total value of $323,800.00. Following the sale, the chief executive officer now directly owns 902,003 shares in the company, valued at $14,603,428.57. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider David` T. Johnson sold 6,000 shares of American Vanguard Corporation stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $19.00, for a total value of $114,000.00. Following the completion of the sale, the insider now owns 35,040 shares in the company, valued at $665,760. The disclosure for this sale can be found here. 4.70% of the stock is owned by insiders.

Several hedge funds have recently bought and sold shares of the stock. Comerica Bank increased its stake in American Vanguard Corporation by 5.9% in the fourth quarter. Comerica Bank now owns 27,549 shares of the basic materials company’s stock worth $481,000 after buying an additional 1,534 shares during the period. State Street Corp increased its stake in American Vanguard Corporation by 7.1% in the fourth quarter. State Street Corp now owns 598,402 shares of the basic materials company’s stock worth $11,460,000 after buying an additional 39,689 shares during the period. Teachers Advisors LLC increased its stake in American Vanguard Corporation by 11.4% in the fourth quarter. Teachers Advisors LLC now owns 48,890 shares of the basic materials company’s stock worth $936,000 after buying an additional 5,000 shares during the period. Bank of Montreal Can increased its stake in American Vanguard Corporation by 6.9% in the first quarter. Bank of Montreal Can now owns 565,690 shares of the basic materials company’s stock worth $9,390,000 after buying an additional 36,542 shares during the period. Finally, Louisiana State Employees Retirement System increased its stake in American Vanguard Corporation by 1.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,500 shares of the basic materials company’s stock worth $174,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 76.52% of the company’s stock.

About American Vanguard Corporation

American Vanguard Corporation operates as a holding company. The Company conducts its business through its subsidiaries, AMVAC Chemical Corporation (AMVAC), GemChem, Inc (GemChem), 2110 Davie Corporation (DAVIE), Quimica Amvac de Mexico SA de C.V. (AMVAC M), AMVAC Mexico Sociedad de Responsabilidad Limitada (AMVAC M Srl), AMVAC de Costa Rica Sociedad de Responsabilidad Limitada (AMVAC CR Srl), AMVAC Switzerland GmbH (AMVAC S), AMVAC do Brasil Representacoes Ltda (AMVAC B), AMVAC C.V.

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