Could The Navigators Group, Inc. (NAVG) See a Reversal After This Very Strong Session?

December 7, 2017 - By Adrian Erickson

Investors sentiment decreased to 1.3 in 2017 Q2. Its down 4.60, from 5.9 in 2017Q1. It fall, as 9 investors sold The Navigators Group, Inc. shares while 41 reduced holdings. 15 funds opened positions while 50 raised stakes. 21.50 million shares or 49.84% less from 42.86 million shares in 2017Q1 were reported.
Northwestern Mutual Wealth Mngmt stated it has 1,100 shares or 0% of all its holdings. Aqr Capital Mgmt Limited Liability Corporation reported 0% of its portfolio in The Navigators Group, Inc. (NASDAQ:NAVG). Jennison Assoc Lc accumulated 0% or 23,862 shares. Barclays Public Ltd Com holds 5,051 shares or 0% of its portfolio. Arizona State Retirement Systems owns 11,704 shares for 0.01% of their portfolio. Price T Rowe Assoc Md stated it has 0% in The Navigators Group, Inc. (NASDAQ:NAVG). Schwab Charles Mgmt stated it has 0.01% of its portfolio in The Navigators Group, Inc. (NASDAQ:NAVG). Amer Int, a New York-based fund reported 15,654 shares. Pnc Financial Services Group stated it has 0% of its portfolio in The Navigators Group, Inc. (NASDAQ:NAVG). 32,600 are owned by Bessemer Group Inc. Citigroup Inc holds 19,221 shares. 36,967 were reported by Goldman Sachs Grp. Inv Counselors Of Maryland Ltd reported 308,844 shares. Jpmorgan Chase And reported 0% of its portfolio in The Navigators Group, Inc. (NASDAQ:NAVG). Moreover, Voya Investment Mngmt Ltd Liability Com has 0% invested in The Navigators Group, Inc. (NASDAQ:NAVG) for 11,518 shares.

Since June 12, 2017, it had 0 insider purchases, and 1 insider sale for $1.35 million activity.

The stock of The Navigators Group, Inc. (NASDAQ:NAVG) is a huge mover today! The stock increased 6.36% or $2.95 during the last trading session, reaching $49.3. About 151,689 shares traded or 64.98% up from the average. The Navigators Group, Inc. (NASDAQ:NAVG) has risen 19.79% since December 7, 2016 and is uptrending. It has outperformed by 3.09% the S&P500.
The move comes after 5 months positive chart setup for the $1.46B company. It was reported on Dec, 7 by Barchart.com. We have $53.74 PT which if reached, will make NASDAQ:NAVG worth $130.95M more.

Analysts await The Navigators Group, Inc. (NASDAQ:NAVG) to report earnings on February, 15. They expect $0.57 earnings per share, down 1.72 % or $0.01 from last year’s $0.58 per share. NAVG’s profit will be $16.82 million for 21.62 P/E if the $0.57 EPS becomes a reality. After $-1.00 actual earnings per share reported by The Navigators Group, Inc. for the previous quarter, Wall Street now forecasts -157.00 % EPS growth.

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

Among 4 analysts covering Navigators Group (NASDAQ:NAVG), 1 have Buy rating, 2 Sell and 1 Hold. Therefore 25% are positive. Navigators Group had 7 analyst reports since May 27, 2016 according to SRatingsIntel. The company was maintained on Friday, May 27 by Wood. On Wednesday, December 6 the stock rating was downgraded by Wood to “Underperform”. The firm earned “Hold” rating on Monday, September 18 by Keefe Bruyette & Woods. On Wednesday, December 6 the stock rating was downgraded by Keefe Bruyette & Woods to “Sell”. The stock of The Navigators Group, Inc. (NASDAQ:NAVG) has “Hold” rating given on Monday, November 7 by Sandler O’Neill. Sandler O’Neill upgraded the stock to “Buy” rating in Thursday, December 7 report.

More notable recent The Navigators Group, Inc. (NASDAQ:NAVG) news were published by: Nasdaq.com which released: “The Navigators Group Counts Cat Loss Estimates, Shares Slip” on October 11, 2017, also Seekingalpha.com with their article: “The Navigators Group’s (NAVG) CEO Stan Galanski on Q2 2017 Results – Earnings …” published on August 04, 2017, Businessinsurance.com published: “Navigators International opens Madrid office” on December 04, 2017. More interesting news about The Navigators Group, Inc. (NASDAQ:NAVG) were released by: Globenewswire.com and their article: “Navigators Promotes Pat Milner to President of NavTech” published on August 10, 2017 as well as Nasdaq.com‘s news article titled: “The Navigators Group, Inc. (NAVG) Ex-Dividend Date Scheduled for November 22, 2017” with publication date: November 21, 2017.

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 $1.46 billion. The firm operates through the U.S. It has a 17.42 P/E ratio. Insurance, International Insurance, and Global Reinsurance divisions.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.