Navigant Consulting, Inc. (NCI) Holdings Raised by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA grew its stake in Navigant Consulting, Inc. (NYSE:NCI) by 50.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,306 shares of the business services provider’s stock after buying an additional 8,528 shares during the quarter. BNP Paribas Arbitrage SA owned 0.06% of Navigant Consulting worth $428,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Boston Partners boosted its holdings in shares of Navigant Consulting by 2.8% in the third quarter. Boston Partners now owns 1,297,717 shares of the business services provider’s stock valued at $21,957,000 after buying an additional 34,956 shares during the period. Prudential Financial Inc. boosted its holdings in shares of Navigant Consulting by 35.9% in the third quarter. Prudential Financial Inc. now owns 152,623 shares of the business services provider’s stock valued at $2,582,000 after buying an additional 40,320 shares during the period. Foundry Partners LLC boosted its holdings in shares of Navigant Consulting by 7.5% in the third quarter. Foundry Partners LLC now owns 216,011 shares of the business services provider’s stock valued at $3,655,000 after buying an additional 15,013 shares during the period. Bridge City Capital LLC boosted its holdings in shares of Navigant Consulting by 8.2% in the third quarter. Bridge City Capital LLC now owns 60,126 shares of the business services provider’s stock valued at $1,017,000 after buying an additional 4,541 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in shares of Navigant Consulting by 57.1% in the third quarter. Victory Capital Management Inc. now owns 10,855 shares of the business services provider’s stock valued at $184,000 after buying an additional 3,947 shares during the period. Institutional investors own 91.13% of the company’s stock.

In related news, Director Randy H. Zwirn sold 5,000 shares of the stock in a transaction on Friday, November 10th. The shares were sold at an average price of $17.46, for a total transaction of $87,300.00. Following the completion of the transaction, the director now owns 21,226 shares in the company, valued at $370,605.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.32% of the company’s stock.

Several research analysts have recently weighed in on NCI shares. Zacks Investment Research upgraded shares of Navigant Consulting from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 10th. TheStreet upgraded shares of Navigant Consulting from a “c+” rating to a “b-” rating in a report on Monday, November 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. Navigant Consulting has an average rating of “Hold” and a consensus target price of $24.00.

Navigant Consulting, Inc. (NYSE NCI) opened at $19.15 on Friday. Navigant Consulting, Inc. has a 1-year low of $14.62 and a 1-year high of $27.86. The firm has a market cap of $879.37, a P/E ratio of 17.25, a PEG ratio of 1.19 and a beta of 0.89. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.27.

Navigant Consulting (NYSE:NCI) last announced its earnings results on Thursday, October 26th. The business services provider reported $0.30 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.01). Navigant Consulting had a return on equity of 8.25% and a net margin of 4.35%. The business had revenue of $262.30 million for the quarter, compared to analyst estimates of $241.77 million. During the same quarter in the previous year, the company posted $0.37 EPS. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. sell-side analysts expect that Navigant Consulting, Inc. will post 1.2 EPS for the current fiscal year.

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Navigant Consulting Company Profile

Navigant Consulting, Inc is a global professional services company. The Company serves clients in the healthcare, energy and financial services industries. It operates through four segments. The Healthcare segment provides consulting services and business process management services. The Energy segment provides advisory solutions in business strategy and planning, distributed energy resources and renewables, energy efficiency and demand response and grid modernization The Financial Services Advisory and Compliance segment provides strategic, operational, valuation, risk management, investigative and compliance advisory services to clients primarily in the financial services industry.

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

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