Bronfman E.L. Rothschild L.P. boosted its holdings in shares of Navigator Holdings Ltd. (NYSE:NVGS) by 13.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,865 shares of the shipping company’s stock after acquiring an additional 1,510 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Navigator Holdings were worth $107,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of NVGS. JPMorgan Chase & Co. bought a new position in Navigator Holdings during the first quarter worth about $109,000. Tocqueville Asset Management L.P. bought a new position in Navigator Holdings during the second quarter worth about $208,000. Peapack Gladstone Financial Corp bought a new position in Navigator Holdings during the first quarter worth about $230,000. Karp Capital Management Corp bought a new position in Navigator Holdings during the second quarter worth about $278,000. Finally, Levin Capital Strategies L.P. lifted its holdings in Navigator Holdings by 90.9% during the first quarter. Levin Capital Strategies L.P. now owns 21,000 shares of the shipping company’s stock worth $289,000 after acquiring an additional 10,000 shares in the last quarter. Hedge funds and other institutional investors own 67.03% of the company’s stock.

Shares of Navigator Holdings Ltd. (NVGS) opened at 11.35 on Friday. The company has a market capitalization of $630.28 million, a price-to-earnings ratio of 33.38 and a beta of 1.09. Navigator Holdings Ltd. has a one year low of $6.47 and a one year high of $14.75. The stock has a 50 day moving average price of $10.41 and a 200-day moving average price of $10.59.

Navigator Holdings (NYSE:NVGS) last issued its earnings results on Monday, August 7th. The shipping company reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.02. The firm had revenue of $74.40 million during the quarter, compared to analyst estimates of $62.41 million. Navigator Holdings had a net margin of 6.44% and a return on equity of 2.28%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.20 earnings per share. On average, equities research analysts expect that Navigator Holdings Ltd. will post $0.28 EPS for the current year.

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Several research analysts have weighed in on NVGS shares. BidaskClub upgraded Navigator Holdings from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Zacks Investment Research upgraded Navigator Holdings from a “hold” rating to a “buy” rating and set a $9.50 target price on the stock in a report on Wednesday, July 12th. Morgan Stanley lifted their target price on Navigator Holdings from $7.50 to $8.00 and gave the stock an “underweight” rating in a report on Monday, July 17th. Jefferies Group LLC reiterated a “buy” rating and set a $15.00 target price (down from $18.00) on shares of Navigator Holdings in a report on Saturday, July 22nd. Finally, Maxim Group set a $17.00 target price on Navigator Holdings and gave the stock a “buy” rating in a report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $13.10.

About Navigator Holdings

Navigator Holdings Ltd. is an owner and operator of a fleet of handysize liquefied gas carriers. The Company provides international and regional seaborne transportation services of liquefied petroleum gas (LPG), petrochemical gases and ammonia. As of December 31, 2016, it had 33 semi- or fully-refrigerated handysize liquefied gas carriers.

Institutional Ownership by Quarter for Navigator Holdings (NYSE:NVGS)

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