Tectonic Advisors LLC Has $1.03 Million Stock Holdings in Navigator Holdings Ltd. (NYSE:NVGS)

Tectonic Advisors LLC grew its stake in Navigator Holdings Ltd. (NYSE:NVGS) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,173 shares of the shipping company’s stock after acquiring an additional 3,273 shares during the period. Tectonic Advisors LLC owned 0.09% of Navigator worth $1,031,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Graham Capital Wealth Management LLC bought a new position in shares of Navigator in the 3rd quarter valued at about $3,444,000. JPMorgan Chase & Co. acquired a new position in Navigator during the third quarter worth approximately $907,000. Moors & Cabot Inc. bought a new stake in Navigator in the third quarter valued at approximately $1,210,000. FMR LLC lifted its position in shares of Navigator by 108.6% in the third quarter. FMR LLC now owns 178,600 shares of the shipping company’s stock valued at $2,870,000 after buying an additional 92,999 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of Navigator by 10.7% during the 3rd quarter. Barclays PLC now owns 19,640 shares of the shipping company’s stock worth $316,000 after acquiring an additional 1,895 shares during the period. Institutional investors and hedge funds own 18.95% of the company’s stock.

Analyst Ratings Changes

NVGS has been the topic of a number of research analyst reports. Jefferies Financial Group restated a “buy” rating and issued a $20.00 price target on shares of Navigator in a research note on Friday, November 22nd. Alliance Global Partners initiated coverage on shares of Navigator in a report on Monday, October 28th. They set a “buy” rating and a $24.00 target price for the company. Finally, StockNews.com raised shares of Navigator from a “hold” rating to a “buy” rating in a report on Friday, November 8th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $21.60.

Navigator Trading Down 0.5 %

NVGS stock opened at $16.92 on Thursday. Navigator Holdings Ltd. has a 52 week low of $14.55 and a 52 week high of $18.18. The company has a market capitalization of $1.24 billion, a PE ratio of 14.98 and a beta of 1.45. The company’s 50-day simple moving average is $15.93 and its 200 day simple moving average is $16.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.71 and a current ratio of 0.75.

About Navigator

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.