GSA Capital Partners LLP Has $356,000 Holdings in Navigator Holdings Ltd. (NYSE:NVGS)

GSA Capital Partners LLP decreased its stake in Navigator Holdings Ltd. (NYSE:NVGS) by 36.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 22,148 shares of the shipping company’s stock after selling 12,539 shares during the period. GSA Capital Partners LLP’s holdings in Navigator were worth $356,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of NVGS. Point72 Asset Management L.P. acquired a new stake in shares of Navigator during the second quarter worth $38,000. Quarry LP acquired a new position in shares of Navigator during the second quarter worth about $48,000. Perkins Coie Trust Co bought a new stake in Navigator during the second quarter worth about $105,000. SG Americas Securities LLC raised its holdings in Navigator by 9.1% during the third quarter. SG Americas Securities LLC now owns 8,221 shares of the shipping company’s stock worth $132,000 after acquiring an additional 684 shares in the last quarter. Finally, Aristides Capital LLC bought a new stake in Navigator in the first quarter valued at approximately $252,000. Institutional investors own 18.95% of the company’s stock.

Navigator Stock Down 1.0 %

Shares of NYSE:NVGS opened at $15.90 on Friday. The firm has a market cap of $1.16 billion, a P/E ratio of 14.08 and a beta of 1.50. The company has a quick ratio of 0.71, a current ratio of 0.75 and a debt-to-equity ratio of 0.45. Navigator Holdings Ltd. has a 12-month low of $13.85 and a 12-month high of $18.18. The business has a fifty day simple moving average of $16.01 and a 200 day simple moving average of $16.37.

Navigator Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Monday, November 25th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Monday, November 25th. Navigator’s dividend payout ratio (DPR) is presently 17.70%.

Analyst Upgrades and Downgrades

NVGS has been the topic of a number of recent research reports. Citigroup initiated coverage on Navigator in a research note on Wednesday, July 31st. They set a “buy” rating and a $22.00 target price on the stock. Clarkson Capital raised Navigator from a “neutral” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Thursday, August 22nd. Alliance Global Partners began coverage on Navigator in a report on Monday, October 28th. They issued a “buy” rating and a $24.00 target price on the stock. StockNews.com raised Navigator from a “hold” rating to a “buy” rating in a report on Friday, November 8th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $20.00 target price on shares of Navigator in a report on Thursday, November 7th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $21.60.

Navigator Company Profile

Navigator Holdings Ltd. engages in owning and operating a fleet of liquefied gas carriers worldwide. It provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also offers ship shore infrastructure and consultancy services.