Quantbot Technologies LP Has $85,000 Stock Position in Navigator Holdings Ltd. (NYSE:NVGS)

Quantbot Technologies LP cut its holdings in Navigator Holdings Ltd. (NYSE:NVGS) by 68.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,510 shares of the shipping company’s stock after selling 12,092 shares during the period. Quantbot Technologies LP’s holdings in Navigator were worth $85,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Royce & Associates LP boosted its position in Navigator by 11.4% during the fourth quarter. Royce & Associates LP now owns 1,001,114 shares of the shipping company’s stock valued at $15,367,000 after purchasing an additional 102,711 shares during the last quarter. Gagnon Securities LLC raised its stake in shares of Navigator by 7.3% during the 4th quarter. Gagnon Securities LLC now owns 852,608 shares of the shipping company’s stock worth $13,088,000 after purchasing an additional 57,966 shares in the last quarter. Hodges Capital Management Inc. boosted its holdings in shares of Navigator by 24.8% in the 4th quarter. Hodges Capital Management Inc. now owns 686,148 shares of the shipping company’s stock valued at $10,532,000 after buying an additional 136,160 shares during the last quarter. First Eagle Investment Management LLC grew its stake in shares of Navigator by 7.9% in the fourth quarter. First Eagle Investment Management LLC now owns 641,745 shares of the shipping company’s stock valued at $9,851,000 after buying an additional 46,807 shares in the last quarter. Finally, Portolan Capital Management LLC increased its holdings in Navigator by 4.6% during the third quarter. Portolan Capital Management LLC now owns 300,408 shares of the shipping company’s stock worth $4,828,000 after buying an additional 13,252 shares during the last quarter. Institutional investors own 18.95% of the company’s stock.

Navigator Trading Down 0.6 %

Shares of Navigator stock opened at $13.30 on Tuesday. Navigator Holdings Ltd. has a 1 year low of $13.15 and a 1 year high of $18.18. The company has a market capitalization of $922.65 million, a price-to-earnings ratio of 11.77 and a beta of 1.39. The business has a fifty day simple moving average of $15.33 and a two-hundred day simple moving average of $15.70. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.75 and a quick ratio of 0.71.

Navigator (NYSE:NVGS) last announced its earnings results on Wednesday, March 12th. The shipping company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.37 by $0.01. The business had revenue of $144.03 million during the quarter, compared to the consensus estimate of $120.87 million. Navigator had a net margin of 14.48% and a return on equity of 7.40%. Research analysts forecast that Navigator Holdings Ltd. will post 1.25 EPS for the current year.

Navigator Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Monday, March 24th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.20 annualized dividend and a yield of 1.50%. Navigator’s payout ratio is currently 16.67%.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a $20.00 price target on shares of Navigator in a research note on Wednesday, March 12th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $21.60.

Navigator Company 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.