Cwm LLC Takes $54,000 Position in Navigator Holdings Ltd. (NYSE:NVGS)

Cwm LLC acquired a new position in shares of Navigator Holdings Ltd. (NYSE:NVGS) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 3,744 shares of the shipping company’s stock, valued at approximately $54,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jump Financial LLC lifted its stake in Navigator by 39.6% during the third quarter. Jump Financial LLC now owns 20,100 shares of the shipping company’s stock worth $297,000 after purchasing an additional 5,700 shares in the last quarter. Barclays PLC lifted its stake in Navigator by 8.0% during the 3rd quarter. Barclays PLC now owns 26,245 shares of the shipping company’s stock worth $387,000 after acquiring an additional 1,946 shares in the last quarter. Quantbot Technologies LP purchased a new position in Navigator during the 3rd quarter valued at about $122,000. Moors & Cabot Inc. acquired a new position in Navigator in the 3rd quarter valued at about $329,000. Finally, First Eagle Investment Management LLC increased its stake in Navigator by 19.7% during the third quarter. First Eagle Investment Management LLC now owns 498,793 shares of the shipping company’s stock worth $7,367,000 after purchasing an additional 82,066 shares during the period. 18.95% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating and issued a $20.00 price objective on shares of Navigator in a research note on Thursday, March 14th.

Navigator Stock Up 3.1 %

Navigator stock opened at $16.30 on Thursday. The firm has a market capitalization of $1.19 billion, a P/E ratio of 14.68 and a beta of 1.45. The stock’s fifty day simple moving average is $15.20 and its 200-day simple moving average is $15.04. Navigator Holdings Ltd. has a twelve month low of $12.33 and a twelve month high of $16.48. The company has a current ratio of 1.38, a quick ratio of 1.33 and a debt-to-equity ratio of 0.59.

Navigator (NYSE:NVGS) last posted its quarterly earnings results on Wednesday, March 13th. The shipping company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. Navigator had a return on equity of 6.96% and a net margin of 14.94%. The company had revenue of $123.52 million for the quarter, compared to analyst estimates of $114.37 million. As a group, equities analysts expect that Navigator Holdings Ltd. will post 1.45 earnings per share for the current fiscal year.

Navigator Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Shareholders of record on Thursday, April 4th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Wednesday, April 3rd. Navigator’s dividend payout ratio (DPR) is presently 18.02%.

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.