Parametric Portfolio Associates LLC Has $101,000 Position in Navigator Holdings Ltd (NVGS)

Parametric Portfolio Associates LLC raised its position in shares of Navigator Holdings Ltd (NYSE:NVGS) by 3.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,111 shares of the shipping company’s stock after buying an additional 455 shares during the period. Parametric Portfolio Associates LLC’s holdings in Navigator were worth $101,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NVGS. JPMorgan Chase & Co. purchased a new position in shares of Navigator during the first quarter worth $109,000. Renaissance Technologies LLC boosted its position in shares of Navigator by 25.9% during the first quarter. Renaissance Technologies LLC now owns 66,200 shares of the shipping company’s stock worth $910,000 after buying an additional 13,600 shares during the period. Gamco Investors INC. ET AL boosted its position in shares of Navigator by 3.6% during the second quarter. Gamco Investors INC. ET AL now owns 187,000 shares of the shipping company’s stock worth $1,552,000 after buying an additional 6,500 shares during the period. Tocqueville Asset Management L.P. purchased a new position in shares of Navigator during the second quarter worth $208,000. Finally, Phoenix Investment Adviser LLC boosted its position in shares of Navigator by 2.2% during the second quarter. Phoenix Investment Adviser LLC now owns 129,764 shares of the shipping company’s stock worth $1,077,000 after buying an additional 2,800 shares during the period. Institutional investors and hedge funds own 69.05% of the company’s stock.

NVGS has been the subject of a number of recent research reports. Jefferies Group reiterated a “buy” rating and issued a $15.00 target price on shares of Navigator in a report on Tuesday, August 29th. BidaskClub lowered Navigator from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. Maxim Group set a $17.00 target price on Navigator and gave the company a “buy” rating in a report on Wednesday, November 1st. Stifel Nicolaus reiterated a “buy” rating and issued a $16.00 target price on shares of Navigator in a report on Thursday, August 31st. Finally, Zacks Investment Research lowered Navigator from a “hold” rating to a “sell” rating in a report on Tuesday, November 21st. Three research analysts have rated the stock with a sell rating and four have given a buy rating to the stock. Navigator presently has an average rating of “Hold” and an average price target of $12.60.

Navigator Holdings Ltd (NVGS) traded up $0.06 during trading hours on Friday, reaching $10.01. The company had a trading volume of 94,087 shares, compared to its average volume of 183,733. The stock has a market capitalization of $555.88, a price-to-earnings ratio of 38.50, a PEG ratio of 7.29 and a beta of 1.03. Navigator Holdings Ltd has a 52-week low of $7.00 and a 52-week high of $14.75. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.93 and a current ratio of 1.00.

Navigator (NYSE:NVGS) last released its earnings results on Wednesday, November 8th. The shipping company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.04). The company had revenue of $70.21 million during the quarter, compared to analysts’ expectations of $59.65 million. Navigator had a net margin of 3.88% and a return on equity of 1.49%. The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter last year, the business posted $0.12 earnings per share. equities analysts anticipate that Navigator Holdings Ltd will post 0.15 earnings per share for the current fiscal year.

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Navigator Profile

Navigator Holdings Ltd. is an owner and operator of a fleet of handysize liquefied gas carriers. The Company provides international and regional seaborne transportation services of liquefied petroleum gas (LPG), petrochemical gases and ammonia. As of December 31, 2016, it had 33 semi- or fully-refrigerated handysize liquefied gas carriers.

Institutional Ownership by Quarter for Navigator (NYSE:NVGS)

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