SG Americas Securities LLC increased its holdings in Navigant Consulting, Inc. (NYSE:NCI) by 79.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,226 shares of the business services provider’s stock after buying an additional 11,198 shares during the quarter. SG Americas Securities LLC’s holdings in Navigant Consulting were worth $559,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Summit Trail Advisors LLC acquired a new position in Navigant Consulting in the 1st quarter worth approximately $114,000. Koch Industries Inc. acquired a new position in Navigant Consulting in the 1st quarter worth approximately $199,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Navigant Consulting in the 2nd quarter worth approximately $212,000. Pitcairn Co. acquired a new position in Navigant Consulting in the 1st quarter worth approximately $214,000. Finally, Piedmont Investment Advisors LLC acquired a new position in Navigant Consulting in the 2nd quarter worth approximately $233,000. Institutional investors own 92.94% of the company’s stock.

In other news, CFO Stephen R. Lieberman sold 3,000 shares of the stock in a transaction that occurred on Thursday, September 6th. The stock was sold at an average price of $24.24, for a total transaction of $72,720.00. Following the transaction, the chief financial officer now owns 53,513 shares in the company, valued at approximately $1,297,155.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Lee A. Spirer sold 19,800 shares of the stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $24.08, for a total value of $476,784.00. Following the transaction, the executive vice president now owns 87,446 shares in the company, valued at approximately $2,105,699.68. The disclosure for this sale can be found here. Insiders have sold a total of 51,575 shares of company stock worth $1,258,383 in the last quarter. Insiders own 2.75% of the company’s stock.

A number of brokerages have recently commented on NCI. William Blair cut shares of Navigant Consulting from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 2nd. Zacks Investment Research raised shares of Navigant Consulting from a “sell” rating to a “hold” rating in a research note on Friday, August 10th. ValuEngine raised shares of Navigant Consulting from a “hold” rating to a “buy” rating in a research note on Friday, August 3rd. Finally, Barrington Research reaffirmed a “buy” rating on shares of Navigant Consulting in a research note on Tuesday, June 26th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Navigant Consulting has a consensus rating of “Buy” and a consensus price target of $27.50.

Shares of NYSE NCI opened at $23.88 on Friday. The company has a market cap of $1.08 billion, a PE ratio of 17.37, a PEG ratio of 4.13 and a beta of 0.88. Navigant Consulting, Inc. has a 12 month low of $15.23 and a 12 month high of $25.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.59 and a current ratio of 3.59.

Navigant Consulting (NYSE:NCI) last issued its quarterly earnings data on Thursday, August 2nd. The business services provider reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.17. The business had revenue of $252.40 million for the quarter, compared to analysts’ expectations of $241.73 million. Navigant Consulting had a net margin of 9.05% and a return on equity of 9.45%. The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the company earned $0.24 EPS. analysts forecast that Navigant Consulting, Inc. will post 0.43 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 14th. Stockholders of record on Friday, September 7th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, September 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.84%. Navigant Consulting’s dividend payout ratio (DPR) is 18.35%.

Navigant Consulting Company Profile

Navigant Consulting, Inc provides professional services to corporate executives and senior management, corporate counsel, law firms, corporate boards, special committees, and governmental agencies worldwide. It operates through four segments: Healthcare; Energy; Financial Services Advisory and Compliance; and Disputes, Forensics and Legal Technology.

Further Reading: Understanding Compound Annual Growth Rate (CAGR)

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Institutional Ownership by Quarter for Navigant Consulting (NYSE:NCI)

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