Campbell & CO Investment Adviser LLC Grows Holdings in Navigator Holdings Ltd. $NVGS

Key Points

• Campbell & CO Investment Adviser LLC increased its holdings in Navigator Holdings Ltd. by 31.6% during Q1, owning 92,069 shares valued at approximately $1.23 million.
• Wall Street analysts have mixed opinions on Navigator, with three rating it as a "Buy" and a consensus price target of $21.67, while one firm downgraded it to "Hold."
• The company recently announced a quarterly dividend of $0.05 per share, reflecting a 1.2% annual yield, with the ex-dividend date set for August 28.

Campbell & CO Investment Adviser LLC increased its holdings in shares of Navigator Holdings Ltd. (NYSE:NVGS - Free Report) by 31.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 92,069 shares of the shipping company's stock after acquiring an additional 22,117 shares during the quarter. Campbell & CO Investment Adviser LLC owned approximately 0.13% of Navigator worth $1,225,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NVGS. LPL Financial LLC raised its stake in shares of Navigator by 18.5% during the 4th quarter. LPL Financial LLC now owns 12,638 shares of the shipping company's stock worth $194,000 after purchasing an additional 1,976 shares during the period. Invesco Ltd. increased its holdings in Navigator by 2.3% during the first quarter. Invesco Ltd. now owns 130,616 shares of the shipping company's stock worth $1,738,000 after buying an additional 2,911 shares during the last quarter. State of Wyoming raised its position in Navigator by 22.4% in the fourth quarter. State of Wyoming now owns 34,143 shares of the shipping company's stock worth $524,000 after acquiring an additional 6,244 shares during the period. Tectonic Advisors LLC raised its position in Navigator by 9.6% in the first quarter. Tectonic Advisors LLC now owns 73,649 shares of the shipping company's stock worth $980,000 after acquiring an additional 6,476 shares during the period. Finally, Oppenheimer & Co. Inc. boosted its stake in Navigator by 1.3% in the first quarter. Oppenheimer & Co. Inc. now owns 528,391 shares of the shipping company's stock valued at $7,033,000 after acquiring an additional 6,550 shares during the last quarter. Institutional investors own 18.95% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Jefferies Financial Group reaffirmed a "buy" rating and issued a $19.00 price target on shares of Navigator in a report on Wednesday, August 13th. Wall Street Zen downgraded Navigator from a "buy" rating to a "hold" rating in a research report on Tuesday, May 13th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $21.67.

Navigator Price Performance

NVGS stock traded up $0.04 during mid-day trading on Friday, reaching $16.09. 268,930 shares of the company traded hands, compared to its average volume of 324,171. The company has a fifty day moving average price of $15.62 and a 200-day moving average price of $14.43. Navigator Holdings Ltd. has a 52-week low of $10.55 and a 52-week high of $17.52. The company has a market capitalization of $1.12 billion, a P/E ratio of 12.67 and a beta of 0.74. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.59 and a quick ratio of 1.53.

Navigator (NYSE:NVGS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 12th. The shipping company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.22). Navigator had a net margin of 15.57% and a return on equity of 6.56%. The firm had revenue of $129.64 million for the quarter, compared to analysts' expectations of $126.73 million. As a group, analysts anticipate that Navigator Holdings Ltd. will post 1.25 earnings per share for the current year.

Navigator Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Thursday, August 28th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 28th. Navigator's dividend payout ratio (DPR) is 15.75%.

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.