Cwm LLC Takes Position in Navigator Holdings Ltd. (NYSE:NVGS)

Cwm LLC acquired a new position in Navigator Holdings Ltd. (NYSE:NVGS) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,744 shares of the shipping company’s stock, valued at approximately $54,000.

A number of other hedge funds also recently bought and sold shares of NVGS. Hodges Capital Management Inc. increased its position in shares of Navigator by 1.3% during the 3rd quarter. Hodges Capital Management Inc. now owns 128,735 shares of the shipping company’s stock valued at $1,901,000 after purchasing an additional 1,645 shares during the last quarter. Barclays PLC increased its holdings in Navigator by 8.0% during the third quarter. Barclays PLC now owns 26,245 shares of the shipping company’s stock valued at $387,000 after buying an additional 1,946 shares during the last quarter. Tectonic Advisors LLC raised its position in Navigator by 6.4% in the fourth quarter. Tectonic Advisors LLC now owns 47,677 shares of the shipping company’s stock worth $694,000 after acquiring an additional 2,881 shares during the period. Jump Financial LLC boosted its stake in shares of Navigator by 39.6% during the 3rd quarter. Jump Financial LLC now owns 20,100 shares of the shipping company’s stock worth $297,000 after acquiring an additional 5,700 shares during the last quarter. Finally, Cornerstone Investment Partners LLC grew its position in shares of Navigator by 24.2% during the 4th quarter. Cornerstone Investment Partners LLC now owns 41,708 shares of the shipping company’s stock valued at $607,000 after acquiring an additional 8,114 shares during the period. Hedge funds and other institutional investors own 18.95% of the company’s stock.

Navigator Trading Up 3.1 %

Shares of NYSE:NVGS opened at $16.30 on Thursday. The stock has a 50 day moving average of $15.20 and a 200 day moving average of $15.04. The company has a market cap of $1.19 billion, a PE ratio of 14.68 and a beta of 1.45. Navigator Holdings Ltd. has a 12-month low of $12.33 and a 12-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 for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The business had revenue of $123.52 million during the quarter, compared to analyst estimates of $114.37 million. Navigator had a net margin of 14.94% and a return on equity of 6.96%. As a group, equities research analysts expect that Navigator Holdings Ltd. will post 1.45 EPS for the current year.

Navigator Dividend Announcement

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

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a $20.00 target price on shares of Navigator in a report on Thursday, March 14th.

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.