Cetera Advisors LLC acquired a new stake in Navistar International Corp (NYSE:NAV) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,554 shares of the company’s stock, valued at approximately $301,000.

Several other hedge funds have also made changes to their positions in the company. Teachers Advisors LLC grew its holdings in shares of Navistar International by 2.4% in the 1st quarter. Teachers Advisors LLC now owns 88,476 shares of the company’s stock worth $2,178,000 after purchasing an additional 2,051 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Navistar International by 93.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 486,973 shares of the company’s stock worth $11,989,000 after purchasing an additional 235,310 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of Navistar International by 88.5% in the 2nd quarter. Bank of Montreal Can now owns 8,659 shares of the company’s stock worth $228,000 after purchasing an additional 4,065 shares during the last quarter. Aperio Group LLC grew its holdings in shares of Navistar International by 2.4% in the 2nd quarter. Aperio Group LLC now owns 23,707 shares of the company’s stock worth $622,000 after purchasing an additional 550 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in shares of Navistar International by 1.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 245,730 shares of the company’s stock worth $6,446,000 after purchasing an additional 2,492 shares during the last quarter. Institutional investors own 83.25% of the company’s stock.

Shares of Navistar International Corp (NAV) opened at $40.57 on Friday. Navistar International Corp has a fifty-two week low of $22.89 and a fifty-two week high of $45.47. The company has a debt-to-equity ratio of -0.86, a current ratio of 1.23 and a quick ratio of 0.94.

In other Navistar International news, Director Stephen R. D’arcy sold 1,000 shares of the stock in a transaction dated Friday, October 6th. The shares were sold at an average price of $44.34, for a total transaction of $44,340.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 21.80% of the stock is owned by corporate insiders.

Several equities research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Navistar International from a “buy” rating to a “hold” rating in a report on Friday. Stifel Nicolaus raised shares of Navistar International from a “hold” rating to a “buy” rating and upped their target price for the stock from $45.00 to $50.00 in a report on Tuesday. Aegis reaffirmed a “buy” rating and issued a $50.00 target price (up previously from $45.00) on shares of Navistar International in a report on Tuesday, September 26th. Royal Bank of Canada upped their target price on shares of Navistar International from $31.00 to $36.00 and gave the stock a “sector perform” rating in a report on Thursday, September 7th. Finally, Susquehanna Bancshares began coverage on shares of Navistar International in a report on Wednesday, November 29th. They issued a “positive” rating and a $50.00 target price on the stock. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. Navistar International has an average rating of “Hold” and an average price target of $39.77.

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Navistar International Profile

Navistar International Corporation is a holding company whose principal operating entities are Navistar, Inc and Navistar Financial Corporation (NFC). The Company’s segments include Truck, Parts, Global Operations (collectively, Manufacturing operations) and Financial Services, which consists of NFC and its foreign finance operations (collectively, Financial Services operations).

Institutional Ownership by Quarter for Navistar International (NYSE:NAV)

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