Renaissance Technologies LLC boosted its stake in shares of Navistar International Corp (NYSE:NAV) by 29.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,035,300 shares of the company’s stock after acquiring an additional 238,500 shares during the quarter. Renaissance Technologies LLC owned about 1.05% of Navistar International worth $35,666,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of NAV. Dimensional Fund Advisors LP lifted its position in Navistar International by 13.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,414,220 shares of the company’s stock worth $36,699,000 after acquiring an additional 162,543 shares during the period. Geode Capital Management LLC lifted its position in Navistar International by 7.5% during the 4th quarter. Geode Capital Management LLC now owns 633,620 shares of the company’s stock worth $16,442,000 after acquiring an additional 44,079 shares during the period. Rhumbline Advisers lifted its holdings in shares of Navistar International by 1.4% in the 1st quarter. Rhumbline Advisers now owns 74,322 shares of the company’s stock valued at $2,401,000 after buying an additional 1,011 shares during the period. State Board of Administration of Florida Retirement System lifted its holdings in shares of Navistar International by 120.5% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 83,048 shares of the company’s stock valued at $2,682,000 after buying an additional 45,381 shares during the period. Finally, New York State Common Retirement Fund lifted its holdings in shares of Navistar International by 5.4% in the 1st quarter. New York State Common Retirement Fund now owns 50,900 shares of the company’s stock valued at $1,644,000 after buying an additional 2,600 shares during the period. 78.46% of the stock is owned by institutional investors.

NYSE NAV traded up $0.80 during mid-day trading on Friday, hitting $29.80. The stock had a trading volume of 10,728 shares, compared to its average volume of 568,162. Navistar International Corp has a 52-week low of $21.32 and a 52-week high of $43.12. The company has a market cap of $2.91 billion, a price-to-earnings ratio of 8.69, a P/E/G ratio of 0.47 and a beta of 2.23. The company has a 50 day simple moving average of $26.12 and a 200 day simple moving average of $31.59.

Navistar International (NYSE:NAV) last released its quarterly earnings data on Wednesday, September 4th. The company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.35. Navistar International had a negative return on equity of 11.82% and a net margin of 2.60%. The firm had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.92 billion. During the same period last year, the business posted $1.71 EPS. Navistar International’s quarterly revenue was up 16.0% on a year-over-year basis. Sell-side analysts expect that Navistar International Corp will post 3.95 EPS for the current year.

NAV has been the subject of several recent analyst reports. Wells Fargo & Co reduced their price target on Navistar International from $35.00 to $27.00 and set a “market perform” rating for the company in a report on Thursday, September 5th. Zacks Investment Research cut Navistar International from a “buy” rating to a “hold” rating and set a $36.00 price target for the company. in a report on Friday, June 14th. ValuEngine cut Navistar International from a “sell” rating to a “strong sell” rating in a report on Thursday, August 1st. Loop Capital reduced their price target on Navistar International to $38.00 and set a “buy” rating for the company in a report on Tuesday, August 27th. Finally, UBS Group reduced their price target on Navistar International from $34.00 to $32.00 and set a “neutral” rating for the company in a report on Wednesday. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $35.11.

Navistar International Company Profile

Navistar International Corporation, through its subsidiaries, manufactures and sells commercial and military trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines worldwide. The company operates through four segments: Truck, Parts, Global Operations, and Financial Services.

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

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