Navient Corporation (NAVI) Holder Fir Tree INC Lowered Its Position as Stock Rose

Investors sentiment increased to 0.82 in 2019 Q2. Its up 0.06, from 0.76 in 2019Q1. It improved, as 30 investors sold NAVI shares while 100 reduced holdings. 38 funds opened positions while 68 raised stakes. 213.73 million shares or 1.91% less from 217.90 million shares in 2019Q1 were reported. 13,735 were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). Meeder Asset Management has invested 0.04% in Navient Corporation (NASDAQ:NAVI). Comml Bank Of America Corp De holds 0% or 478,349 shares. Intrust Comml Bank Na accumulated 43,376 shares. Robeco Institutional Asset Bv holds 0.1% or 2.10 million shares. 195,000 were reported by Prescott Mngmt Ltd. Campbell And Invest Adviser Lc accumulated 33,129 shares. Lsv Asset holds 0.13% or 6.88M shares in its portfolio. Blackrock accumulated 21.07M shares or 0.01% of the stock. Weiss Asset Lp holds 0.01% of its portfolio in Navient Corporation (NASDAQ:NAVI) for 11,797 shares. Asset Mngmt Inc accumulated 25,489 shares. Baystate Wealth Mgmt Ltd Liability Company holds 64 shares or 0% of its portfolio. State Street, a Massachusetts-based fund reported 6.10 million shares. Canada Pension Plan Invest Board holds 153,015 shares. 2.57 million were accumulated by Geode Capital Mgmt Limited Liability Company.

Fir Tree Inc decreased its stake in Navient Corporation (NAVI) by 26.14% based on its latest 2019Q2 regulatory filing with the SEC. Fir Tree Inc sold 272,861 shares as the company’s stock rose 3.82% . The hedge fund held 770,806 shares of the investment bankers and brokers and service company at the end of 2019Q2, valued at $10.52M, down from 1.04M at the end of the previous reported quarter. Fir Tree Inc who had been investing in Navient Corporation for a number of months, seems to be less bullish one the $3.07 billion market cap company. The stock increased 0.49% or $0.06 during the last trading session, reaching $13.34. About 980,075 shares traded. Navient Corporation (NASDAQ:NAVI) has risen 5.60% since September 13, 2018 and is uptrending. It has outperformed by 5.60% the S&P500.

Analysts await Navient Corporation (NASDAQ:NAVI) to report earnings on October, 22. They expect $0.57 EPS, up 7.55 % or $0.04 from last year’s $0.53 per share. NAVI’s profit will be $131.35 million for 5.85 P/E if the $0.57 EPS becomes a reality. After $0.74 actual EPS reported by Navient Corporation for the previous quarter, Wall Street now forecasts -22.97 % negative EPS growth.

More notable recent Navient Corporation (NASDAQ:NAVI) news were published by: Nasdaq.com which released: “Top Ranked Value Stocks to Buy for August 22nd – Nasdaq” on August 22, 2019, also Nasdaq.com with their article: “Navient (NAVI) Q2 Earnings Beat Estimates, Expenses Escalate – Nasdaq” published on July 24, 2019, Finance.Yahoo.com published: “Should You Buy Navient Corporation (NASDAQ:NAVI) For Its Dividend? – Yahoo Finance” on August 09, 2019. More interesting news about Navient Corporation (NASDAQ:NAVI) were released by: Nasdaq.com and their article: “Navient (NAVI) to Report Q1 Earnings: What’s in the Cards? – Nasdaq” published on April 22, 2019 as well as Nasdaq.com‘s news article titled: “3 Reasons to Add Navient (NAVI) Stock to Your Portfolio Now – Nasdaq” with publication date: June 04, 2019.

Navient Corporation (NASDAQ:NAVI) Ratings Coverage

Among 3 analysts covering Navient (NASDAQ:NAVI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Navient has $1700 highest and $14.5000 lowest target. $15.83’s average target is 18.67% above currents $13.34 stock price. Navient had 8 analyst reports since March 22, 2019 according to SRatingsIntel. On Thursday, April 25 the stock rating was upgraded by JP Morgan to “Overweight”. The rating was maintained by Barclays Capital on Thursday, July 25 with “Overweight”. The stock of Navient Corporation (NASDAQ:NAVI) earned “Market Perform” rating by BMO Capital Markets on Thursday, April 25.

Navient Corporation (NASDAQ:NAVI) Ratings Chart

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