2 weeks Ago By ABMN Staff
Navigator ( NYSE:NVGS – Get Free Report ) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Thursday. Several other analysts have also issued reports on the company.
Jefferies Financial Group reiterated a “buy” rating and set a $20.00 price objective on shares of Navigator in a report on Thursday, August 15th. Clarkson Capital upgraded Navigator from a “neutral” rating to a “buy” rating and set a $20.
00 price target for the company in a report on Thursday, August 22nd. Finally, Citigroup started coverage on Navigator in a research note on Wednesday, July 31st. They issued a “buy” rating and a $22.
00 price target for the company. Read Our Latest Analysis on NVGS Navigator Price Performance Hedge Funds Weigh In On Navigator Several large investors have recently made changes to their positions in NVGS. Hodges Capital Management Inc.
grew its position in Navigator by 89.3% during the first quarter. Hodges Capital Management Inc.
now owns 522,535 shares of the shipping company’s stock worth $8,021,000 after buying an additional 246,505 shares in the last quarter. First Eagle Investment Management LLC increased its holdings in Navigator by 6.5% in the 1st quarter.
First Eagle Investment Management LLC now owns 539,538 shares of the shipping company’s stock valued at $8,282,000 after buying an additional 33,100 shares during the period. Acadian Asset Management LLC increased its holdings in Navigator by 145.7% in the 1st quarter.
Acadian Asset Management LLC now owns 1,086,016 shares of the shipping company’s stock valued at $16,641,000 after buying an additional 644,011 shares during the period. Oppenheimer & Co. Inc.
lifted its holdings in shares of Navigator by 17.9% during the 1st quarter. Oppenheimer & Co.
Inc. now owns 673,500 shares of the shipping company’s stock worth $10,338,000 after acquiring an additional 102,224 shares during the period. Finally, SG Americas Securities LLC boosted its position in shares of Navigator by 13.
5% during the 1st quarter. SG Americas Securities LLC now owns 29,884 shares of the shipping company’s stock valued at $459,000 after acquiring an additional 3,546 shares in the last quarter. Institutional investors and hedge funds own 18.
95% of the company’s stock. Navigator Company Profile ( Get Free Report ) 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. Recommended Stories Receive News & Ratings for Navigator Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Navigator and related companies with MarketBeat.
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