Macquarie Group Ltd. Has $24.50 Million Position in Navigant Consulting, Inc. (NCI)

Macquarie Group Ltd. increased its position in shares of Navigant Consulting, Inc. (NYSE:NCI) by 11.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,262,309 shares of the business services provider’s stock after acquiring an additional 132,026 shares during the period. Macquarie Group Ltd.’s holdings in Navigant Consulting were worth $24,501,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. American Century Companies Inc. grew its stake in Navigant Consulting by 5.6% in the 4th quarter. American Century Companies Inc. now owns 50,595 shares of the business services provider’s stock worth $982,000 after buying an additional 2,694 shares in the last quarter. Crossmark Global Holdings Inc. grew its stake in Navigant Consulting by 22.3% in the 4th quarter. Crossmark Global Holdings Inc. now owns 15,702 shares of the business services provider’s stock worth $305,000 after buying an additional 2,866 shares in the last quarter. Nordea Investment Management AB grew its stake in Navigant Consulting by 2.9% in the 3rd quarter. Nordea Investment Management AB now owns 114,000 shares of the business services provider’s stock worth $1,929,000 after buying an additional 3,200 shares in the last quarter. Victory Capital Management Inc. grew its stake in Navigant Consulting by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 10,855 shares of the business services provider’s stock worth $184,000 after buying an additional 3,947 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in Navigant Consulting by 3.1% in the 3rd quarter. Wells Fargo & Company MN now owns 139,246 shares of the business services provider’s stock worth $2,357,000 after buying an additional 4,217 shares in the last quarter. 95.13% of the stock is currently owned by institutional investors and hedge funds.

How to Become a New Pot Stock Millionaire

A number of equities analysts have commented on the stock. ValuEngine raised shares of Navigant Consulting from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Zacks Investment Research raised shares of Navigant Consulting from a “sell” rating to a “hold” rating in a research note on Thursday, February 22nd. TheStreet raised shares of Navigant Consulting from a “c+” rating to a “b-” rating in a research note on Monday, November 27th. Finally, Barrington Research cut shares of Navigant Consulting from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $24.00.

Shares of NCI stock opened at $19.32 on Friday. Navigant Consulting, Inc. has a 12 month low of $14.62 and a 12 month high of $24.47. The stock has a market cap of $887.83, a price-to-earnings ratio of 12.31, a PEG ratio of 1.13 and a beta of 0.91. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.19.

Navigant Consulting (NYSE:NCI) last announced its quarterly earnings data on Tuesday, February 20th. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.11). Navigant Consulting had a net margin of 7.26% and a return on equity of 7.96%. The business had revenue of $255.40 million during the quarter, compared to analysts’ expectations of $244.79 million. During the same period last year, the company posted $0.30 EPS. Navigant Consulting’s revenue for the quarter was down 4.0% on a year-over-year basis. analysts forecast that Navigant Consulting, Inc. will post 1.3 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Macquarie Group Ltd. Has $24.50 Million Position in Navigant Consulting, Inc. (NCI)” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this piece on another site, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at https://www.tickerreport.com/banking-finance/3296990/macquarie-group-ltd-has-24-50-million-position-in-navigant-consulting-inc-nci.html.

About Navigant Consulting

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.

Want to see what other hedge funds are holding NCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Navigant Consulting, Inc. (NYSE:NCI).

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

Receive News & Ratings for Navigant Consulting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Navigant Consulting and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Harris  and FLIR Systems  Critical Comparison
Harris and FLIR Systems Critical Comparison
Brink’s  Releases FY18 Earnings Guidance
Brink’s Releases FY18 Earnings Guidance
Accelerate Diagnostics  versus Horiba  Critical Comparison
Accelerate Diagnostics versus Horiba Critical Comparison
Analysts Anticipate Radware  Will Post Earnings of $0.05 Per Share
Analysts Anticipate Radware Will Post Earnings of $0.05 Per Share
Zacks: Brokerages Expect Columbia Banking System, Inc.  Will Announce Quarterly Sales of $142.70 Million
Zacks: Brokerages Expect Columbia Banking System, Inc. Will Announce Quarterly Sales of $142.70 Million
Zacks: Analysts Expect Hydrogenics  Will Post Quarterly Sales of $10.20 Million
Zacks: Analysts Expect Hydrogenics Will Post Quarterly Sales of $10.20 Million


© 2006-2018 Ticker Report. Google+.