Gamco Investors INC. ET AL Has $6.43 Million Stock Holdings in Navigator Holdings Ltd. $NVGS

Gamco Investors INC. ET AL decreased its position in shares of Navigator Holdings Ltd. (NYSE:NVGS) by 10.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 415,000 shares of the shipping company’s stock after selling 50,700 shares during the quarter. Gamco Investors INC. ET AL owned about 0.60% of Navigator worth $6,428,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NVGS. Geode Capital Management LLC acquired a new stake in Navigator in the second quarter worth $5,677,000. Ameriprise Financial Inc. acquired a new position in shares of Navigator in the 2nd quarter valued at $4,773,000. Bank of America Corp DE increased its position in shares of Navigator by 143.8% in the 2nd quarter. Bank of America Corp DE now owns 263,369 shares of the shipping company’s stock valued at $3,727,000 after buying an additional 155,336 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Navigator by 165.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 210,797 shares of the shipping company’s stock valued at $3,265,000 after buying an additional 131,359 shares in the last quarter. Finally, Encompass Capital Advisors LLC raised its stake in Navigator by 7.4% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,437,201 shares of the shipping company’s stock worth $20,336,000 after buying an additional 99,326 shares during the period. Institutional investors and hedge funds own 18.95% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on NVGS shares. Pareto Securities started coverage on Navigator in a report on Tuesday, December 9th. They set a “buy” rating on the stock. Zacks Research lowered Navigator from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 5th. Wall Street Zen upgraded Navigator from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Navigator in a research report on Monday, December 29th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Navigator presently has a consensus rating of “Moderate Buy” and an average target price of $21.50.

Navigator Trading Up 0.3%

Shares of NYSE:NVGS opened at $20.88 on Monday. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of 13.82, a PEG ratio of 1.14 and a beta of 0.37. Navigator Holdings Ltd. has a 12 month low of $10.55 and a 12 month high of $21.36. The company’s fifty day simple moving average is $18.78 and its 200 day simple moving average is $17.36. The company has a quick ratio of 1.14, a current ratio of 1.18 and a debt-to-equity ratio of 0.60.

About Navigator

Navigator Holdings Ltd. is a global shipping company specializing in the seaborne transportation of liquefied gases. The company’s fleet is purpose-built to carry a range of petrochemical gases, including liquefied petroleum gas (LPG), ethylene, propylene and ammonia. Navigator’s vessels are designed to meet the stringent safety and environmental standards required for handling pressurized and refrigerated gases, offering flexible capacity to customers across the energy and chemical sectors.

Navigator operates one of the largest and most modern fleets of gas carriers in the industry, with vessels ranging from fully pressurized gas carriers to specialized very large ethane carriers (VLECs).