Teton Advisors LLC Makes New $1.32 Million Investment in Navigator Holdings Ltd. $NVGS

Key Points

• Teton Advisors LLC acquired a new stake in Navigator Holdings (NYSE:NVGS), buying 85,200 shares worth about $1.32 million, equal to roughly 0.12% of the company.
• Other institutions—including Geode, Ameriprise, Bank of America (which grew its stake 143.8%) and JPMorgan (up 165.4%)—also added or increased positions, with hedge funds and other institutional investors now owning about 18.95% of the stock.
• Analyst coverage is mixed but tilted positive: four Buys and one Sell yield a consensus rating of "Moderate Buy" with a $21.50 price target; NVGS trades near $20.88, with a $1.45B market cap and a P/E of 13.82 (52-week range: $10.55–$21.36).

Teton Advisors LLC acquired a new stake in Navigator Holdings Ltd. (NYSE:NVGS - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 85,200 shares of the shipping company's stock, valued at approximately $1,320,000. Teton Advisors LLC owned approximately 0.12% of Navigator at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Geode Capital Management LLC acquired a new stake in Navigator during the 2nd quarter worth approximately $5,677,000. Ameriprise Financial Inc. acquired a new position in Navigator during the second quarter valued at approximately $4,773,000. Bank of America Corp DE grew its stake in Navigator by 143.8% during the second quarter. Bank of America Corp DE now owns 263,369 shares of the shipping company's stock worth $3,727,000 after buying an additional 155,336 shares during the period. JPMorgan Chase & Co. increased its position in shares of Navigator by 165.4% in the third quarter. JPMorgan Chase & Co. now owns 210,797 shares of the shipping company's stock worth $3,265,000 after acquiring an additional 131,359 shares in the last quarter. Finally, Encompass Capital Advisors LLC increased its position in shares of Navigator by 7.4% in the second quarter. Encompass Capital Advisors LLC now owns 1,437,201 shares of the shipping company's stock worth $20,336,000 after acquiring an additional 99,326 shares in the last quarter. Hedge funds and other institutional investors own 18.95% of the company's stock.

Navigator Trading Up 0.3%

NVGS opened at $20.88 on Friday. The firm has a market capitalization of $1.45 billion, a P/E ratio of 13.82, a P/E/G ratio of 1.14 and a beta of 0.37. The firm's 50 day moving average is $18.78 and its 200-day moving average is $17.34. Navigator Holdings Ltd. has a 52-week low of $10.55 and a 52-week high of $21.36. The company has a quick ratio of 1.14, a current ratio of 1.18 and a debt-to-equity ratio of 0.60.

Analyst Ratings Changes

Several research firms recently weighed in on NVGS. Weiss Ratings restated a "buy (b)" rating on shares of Navigator in a report on Monday, December 29th. Zacks Research downgraded Navigator from a "hold" rating to a "strong sell" rating in a report on Thursday, February 5th. Wall Street Zen raised Navigator from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Pareto Securities assumed coverage on Navigator in a research note on Tuesday, December 9th. They set a "buy" rating on the stock. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $21.50.

Navigator Company Profile

Navigator Holdings Ltd. is a global shipping company specializing in the seaborne transportation of liquefied gases. The company's fleet is purpose-built to carry a range of petrochemical gases, including liquefied petroleum gas (LPG), ethylene, propylene and ammonia. Navigator's vessels are designed to meet the stringent safety and environmental standards required for handling pressurized and refrigerated gases, offering flexible capacity to customers across the energy and chemical sectors.

Navigator operates one of the largest and most modern fleets of gas carriers in the industry, with vessels ranging from fully pressurized gas carriers to specialized very large ethane carriers (VLECs).

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