Pro-Navigators Group Inc Institutional Investors Sentiment Runs High in 2017 Q4

May 18, 2018 - By Dolores Ford

Sentiment for Navigators Group Inc (NASDAQ:NAVG)

Navigators Group Inc (NASDAQ:NAVG) institutional sentiment increased to 1.38 in Q4 2017. Its up 0.07, from 1.31 in 2017Q3. The ratio has increased, as 73 institutional investors opened new or increased holdings, while 53 reduced and sold stakes in Navigators Group Inc. The institutional investors in our partner’s database reported: 21.86 million shares, up from 21.68 million shares in 2017Q3. Also, the number of institutional investors holding Navigators Group Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 40 Increased: 56 New Position: 17.

The Navigators Group, Inc., together with its subsidiaries, underwrites ocean marine, property and casualty, professional liability, and specialty insurance services and products in the United States and internationally. The company has market cap of $1.75 billion. The firm operates through the U.S. It has a 43.52 P/E ratio. Insurance, International Insurance, and Global Reinsurance divisions.

The stock increased 0.43% or $0.25 during the last trading session, reaching $58.75. About 79,980 shares traded. The Navigators Group, Inc. (NASDAQ:NAVG) has risen 6.75% since May 18, 2017 and is uptrending. It has underperformed by 4.80% the S&P500.

Analysts await The Navigators Group, Inc. (NASDAQ:NAVG) to report earnings on August, 2. They expect $0.67 earnings per share, up 1.52 % or $0.01 from last year’s $0.66 per share. NAVG’s profit will be $19.91M for 21.92 P/E if the $0.67 EPS becomes a reality. After $1.09 actual earnings per share reported by The Navigators Group, Inc. for the previous quarter, Wall Street now forecasts -38.53 % negative EPS growth.

New Vernon Investment Management Llc holds 2.23% of its portfolio in The Navigators Group, Inc. for 43,979 shares. Walthausen & Co. Llc owns 229,368 shares or 1.05% of their US portfolio. Moreover, Advisory Research Inc has 0.81% invested in the company for 1.00 million shares. The Us-based Champlain Investment Partners Llc has invested 0.8% in the stock. Investment Counselors Of Maryland Llc, a Maryland-based fund reported 296,442 shares.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $113,020 activity.

The Navigators Group, Inc. (NASDAQ:NAVG) Ratings Coverage

Ratings analysis reveals 0 of Navigators Group’s analysts are positive. Out of 3 Wall Street analysts rating Navigators Group, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. NAVG was included in 7 notes of analysts from December 6, 2017. As per Wednesday, May 9, the company rating was upgraded by Wood. The firm has “Hold” rating given on Tuesday, May 8 by Keefe Bruyette & Woods. Sandler O’Neill downgraded the stock to “Hold” rating in Tuesday, February 20 report. The rating was maintained by Sandler O’Neill with “Buy” on Friday, February 16. As per Wednesday, December 6, the company rating was downgraded by Wood. The stock has “Buy” rating by Sandler O’Neill on Thursday, December 7. The company was downgraded on Wednesday, December 6 by Keefe Bruyette & Woods.

More important recent The Navigators Group, Inc. (NASDAQ:NAVG) news were published by: Seekingalpha.com which released: “Navigators’ (NAVG) CEO Stanley Galanski on Q1 2018 Results – Earnings Call Transcript” on May 13, 2018, also Hellenicshippingnews.com published article titled: “Navigators Group (NAVG) Downgraded to “Sell” at Zacks Investment Research”, Globenewswire.com published: “Navigators Announces Second Quarter 2018 Dividend” on May 10, 2018. More interesting news about The Navigators Group, Inc. (NASDAQ:NAVG) was released by: Globenewswire.com and their article: “Navigators Reports First Quarter 2018 Earnings” with publication date: May 07, 2018.

The Navigators Group, Inc. (NASDAQ:NAVG) Institutional Positions Chart

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