Barclays PLC Purchases 1,895 Shares of Navigator Holdings Ltd. (NYSE:NVGS)

Barclays PLC boosted its holdings in shares of Navigator Holdings Ltd. (NYSE:NVGS) by 10.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,640 shares of the shipping company’s stock after purchasing an additional 1,895 shares during the period. Barclays PLC’s holdings in Navigator were worth $316,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Y Intercept Hong Kong Ltd bought a new stake in shares of Navigator during the 3rd quarter worth $408,000. Hodges Capital Management Inc. lifted its holdings in shares of Navigator by 1.2% in the third quarter. Hodges Capital Management Inc. now owns 549,988 shares of the shipping company’s stock worth $8,838,000 after acquiring an additional 6,715 shares during the last quarter. XTX Topco Ltd boosted its stake in shares of Navigator by 130.7% in the 3rd quarter. XTX Topco Ltd now owns 36,927 shares of the shipping company’s stock valued at $593,000 after purchasing an additional 20,923 shares in the last quarter. Wexford Capital LP grew its holdings in shares of Navigator by 6.8% during the 3rd quarter. Wexford Capital LP now owns 62,568 shares of the shipping company’s stock valued at $1,005,000 after purchasing an additional 3,985 shares during the last quarter. Finally, Quarry LP increased its position in Navigator by 61.0% during the 3rd quarter. Quarry LP now owns 4,383 shares of the shipping company’s stock worth $70,000 after purchasing an additional 1,661 shares in the last quarter. Institutional investors and hedge funds own 18.95% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on NVGS. StockNews.com raised shares of Navigator from a “hold” rating to a “buy” rating in a research note on Friday, November 8th. Alliance Global Partners assumed coverage on Navigator in a research report on Monday, October 28th. They set a “buy” rating and a $24.00 price objective on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a $20.00 target price on shares of Navigator in a research report on Friday, November 22nd. Finally, DNB Markets assumed coverage on Navigator in a report on Thursday, September 12th. They set a “buy” rating and a $22.00 price target on the stock. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $21.60.

Navigator Trading Down 1.6 %

NYSE NVGS opened at $15.79 on Friday. The firm has a market capitalization of $1.16 billion, a PE ratio of 13.97 and a beta of 1.46. The business’s 50-day moving average price is $15.56 and its two-hundred day moving average price is $16.09. The company has a current ratio of 0.75, a quick ratio of 0.71 and a debt-to-equity ratio of 0.45. Navigator Holdings Ltd. has a 12 month low of $14.55 and a 12 month high of $18.18.

Navigator Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, November 25th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.27%. The ex-dividend date was Monday, November 25th. Navigator’s payout ratio is presently 17.70%.

Navigator Profile

Navigator Holdings Ltd. engages in owning and operating a fleet of liquefied gas carriers worldwide. It provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also offers ship shore infrastructure and consultancy services.