Navigator Holdings Ltd. (NYSE:NVGS) Receives Average Recommendation of "Buy" from Analysts

Shares of Navigator Holdings Ltd. (NYSE:NVGS - Get Free Report) have been given a consensus rating of "Buy" by the five research firms that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a buy rating. The average 1 year price target among brokers that have issued a report on the stock in the last year is $21.60.

Several equities analysts have issued reports on the company. StockNews.com upgraded Navigator from a "hold" rating to a "buy" rating in a research report on Friday, November 8th. Jefferies Financial Group reiterated a "buy" rating and set a $20.00 target price on shares of Navigator in a research report on Friday, November 22nd. Finally, Alliance Global Partners initiated coverage on shares of Navigator in a research note on Monday, October 28th. They set a "buy" rating and a $24.00 price target on the stock.

Navigator Price Performance

Shares of NYSE:NVGS traded down $0.41 on Wednesday, hitting $16.53. The stock had a trading volume of 99,701 shares, compared to its average volume of 222,763. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 14.63 and a beta of 1.45. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.71 and a current ratio of 0.75. The firm's 50 day moving average price is $15.98 and its 200-day moving average price is $16.00. Navigator has a twelve month low of $14.55 and a twelve month high of $18.18.

Hedge Funds Weigh In On Navigator

Several large investors have recently bought and sold shares of NVGS. SG Americas Securities LLC raised its position in shares of Navigator by 9.1% during the 3rd quarter. SG Americas Securities LLC now owns 8,221 shares of the shipping company's stock valued at $132,000 after acquiring an additional 684 shares during the last quarter. Y Intercept Hong Kong Ltd lifted its stake in Navigator by 6.1% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 26,913 shares of the shipping company's stock valued at $413,000 after buying an additional 1,540 shares during the period. Quarry LP boosted its holdings in Navigator by 61.0% during the third quarter. Quarry LP now owns 4,383 shares of the shipping company's stock worth $70,000 after buying an additional 1,661 shares during the last quarter. Barclays PLC grew its position in shares of Navigator by 10.7% during the 3rd quarter. Barclays PLC now owns 19,640 shares of the shipping company's stock worth $316,000 after buying an additional 1,895 shares during the period. Finally, R Squared Ltd bought a new stake in shares of Navigator in the 4th quarter valued at about $31,000. 18.95% of the stock is currently owned by institutional investors and hedge funds.

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.