Two Sigma Investments LP Sells 73,165 Shares of Navigator Holdings Ltd. (NYSE:NVGS)

Two Sigma Investments LP trimmed its position in Navigator Holdings Ltd. (NYSE:NVGS - Free Report) by 22.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 251,227 shares of the shipping company's stock after selling 73,165 shares during the period. Two Sigma Investments LP owned about 0.34% of Navigator worth $3,856,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. R Squared Ltd purchased a new position in shares of Navigator during the 4th quarter valued at about $31,000. New Age Alpha Advisors LLC purchased a new position in shares of Navigator during the 4th quarter valued at about $38,000. LPL Financial LLC lifted its position 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 valued at $194,000 after buying an additional 1,976 shares in the last quarter. Aristides Capital LLC lifted its position in shares of Navigator by 10.5% during the 4th quarter. Aristides Capital LLC now owns 15,034 shares of the shipping company's stock valued at $231,000 after buying an additional 1,428 shares in the last quarter. Finally, Corton Capital Inc. purchased a new position in Navigator in the 4th quarter worth approximately $270,000. 18.95% of the stock is owned by hedge funds and other institutional investors.

Navigator Price Performance

NYSE NVGS traded down $0.01 during trading hours on Monday, reaching $14.16. The company's stock had a trading volume of 362,925 shares, compared to its average volume of 234,711. The company has a quick ratio of 0.71, a current ratio of 0.75 and a debt-to-equity ratio of 0.45. Navigator Holdings Ltd. has a 1 year low of $10.55 and a 1 year high of $18.18. The firm's 50-day moving average price is $13.05 and its 200-day moving average price is $14.72. The company has a market capitalization of $982.68 million, a price-to-earnings ratio of 12.53 and a beta of 0.77.

Navigator (NYSE:NVGS - Get Free Report) last released its quarterly earnings data on Wednesday, May 14th. The shipping company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.06. Navigator had a return on equity of 7.40% and a net margin of 14.48%. The business had revenue of $151.41 million for the quarter, compared to the consensus estimate of $128.26 million. On average, equities research analysts predict that Navigator Holdings Ltd. will post 1.25 EPS for the current fiscal year.

Navigator Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Thursday, May 29th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date is Thursday, May 29th. Navigator's payout ratio is 15.63%.

Wall Street Analysts Forecast Growth

NVGS has been the topic of a number of research analyst reports. Jefferies Financial Group reissued a "buy" rating and issued a $20.00 price target on shares of Navigator in a report on Wednesday, March 12th. Wall Street Zen cut Navigator from a "buy" rating to a "hold" rating in a report on Tuesday, May 13th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, Navigator presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.60.

Navigator Company 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.