Could The Navigators Group, Inc. (NAVG) Change Direction After Today’s Big Increase?

December 7, 2017 - By Michael Collier

Investors sentiment decreased to 1.3 in 2017 Q2. Its down 4.60, from 5.9 in 2017Q1. It is negative, 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.
Bnp Paribas Arbitrage has 7,796 shares for 0% of their portfolio. The Switzerland-based Credit Suisse Ag has invested 0% in The Navigators Group, Inc. (NASDAQ:NAVG). Royal Comml Bank Of Canada holds 0% or 12,618 shares in its portfolio. Ameritas Invest Prtnrs Inc reported 0% in The Navigators Group, Inc. (NASDAQ:NAVG). Thomson Horstmann Bryant has invested 0.04% in The Navigators Group, Inc. (NASDAQ:NAVG). Atlanta Cap Management Commerce L L C invested 0.21% in The Navigators Group, Inc. (NASDAQ:NAVG). Jacobs Levy Equity invested 0.08% in The Navigators Group, Inc. (NASDAQ:NAVG). Champlain Invest Ptnrs Limited Liability Corporation has invested 0.81% of its portfolio in The Navigators Group, Inc. (NASDAQ:NAVG). Matarin Cap Limited Liability Corp accumulated 104,794 shares or 0% of the stock. 2,073 are owned by Bank & Trust Of Montreal Can. Piedmont Invest Advsr Lc stated it has 0.01% of its portfolio in The Navigators Group, Inc. (NASDAQ:NAVG). Victory Mngmt owns 0.05% invested in The Navigators Group, Inc. (NASDAQ:NAVG) for 394,913 shares. The Illinois-based Advisory Research has invested 0.42% in The Navigators Group, Inc. (NASDAQ:NAVG). Mason Street Advisors Ltd Com reported 0.01% stake. Glenmede Tru Na holds 0% or 3,017 shares.

Since June 12, 2017, it had 0 buys, 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 EPS, down 1.72 % or $0.01 from last year’s $0.58 per share. NAVG’s profit will be $16.82M for 21.62 P/E if the $0.57 EPS becomes a reality. After $-1.00 actual EPS 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 stock of The Navigators Group, Inc. (NASDAQ:NAVG) has “Market Perform” rating given on Friday, May 27 by Wood. The stock of The Navigators Group, Inc. (NASDAQ:NAVG) has “Underperform” rating given on Wednesday, December 6 by Wood. The company was maintained on Monday, September 18 by Keefe Bruyette & Woods. The stock of The Navigators Group, Inc. (NASDAQ:NAVG) earned “Hold” rating by Sandler O’Neill on Monday, November 7. The stock has “Buy” rating by Sandler O’Neill on Thursday, December 7. The stock has “Sell” rating by Keefe Bruyette & Woods on Wednesday, December 6.

More notable recent The Navigators Group, Inc. (NASDAQ:NAVG) news were published by: Seekingalpha.com which released: “The Navigators Group’s (NAVG) CEO Stan Galanski on Q2 2017 Results – Earnings …” on August 04, 2017, also Globenewswire.com with their article: “UPDATE — Navigators Expands its Local Presence in Continental Europe” published on December 04, 2017, Nasdaq.com published: “The Navigators Group, Inc. (NAVG) Ex-Dividend Date Scheduled for November 22, 2017” on November 21, 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 Businessinsurance.com‘s news article titled: “Navigators International opens Madrid office” with publication date: December 04, 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.

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