HHM Wealth Advisors LLC Purchases Shares of 8,000 Navistar International Corp (NAV)

HHM Wealth Advisors LLC purchased a new stake in Navistar International Corp (NYSE:NAV) in the 4th quarter, Holdings Channel reports. The firm purchased 8,000 shares of the company’s stock, valued at approximately $208,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Trexquant Investment LP bought a new stake in shares of Navistar International in the 3rd quarter valued at approximately $990,000. American Century Companies Inc. bought a new stake in shares of Navistar International in the 3rd quarter valued at approximately $6,538,000. Barber Financial Group Inc. bought a new stake in shares of Navistar International in the 4th quarter valued at approximately $639,000. WINTON GROUP Ltd bought a new stake in shares of Navistar International in the 3rd quarter valued at approximately $260,000. Finally, Pearl River Capital LLC bought a new stake in shares of Navistar International in the 4th quarter valued at approximately $58,000. 79.90% of the stock is owned by institutional investors and hedge funds.

In other Navistar International news, Director Stephen R. D’arcy purchased 3,500 shares of the business’s stock in a transaction dated Thursday, December 20th. The stock was bought at an average cost of $26.69 per share, for a total transaction of $93,415.00. Following the completion of the acquisition, the director now directly owns 3,383 shares in the company, valued at $90,292.27. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. 18.10% of the stock is owned by insiders.

Several equities research analysts recently weighed in on NAV shares. Zacks Investment Research upgraded Navistar International from a “sell” rating to a “hold” rating in a report on Tuesday, February 12th. ValuEngine lowered Navistar International from a “hold” rating to a “sell” rating in a report on Saturday. Royal Bank of Canada reduced their target price on Navistar International to $32.00 and set a “market perform” rating for the company in a report on Wednesday, December 19th. Wells Fargo & Co reduced their target price on Navistar International from $42.00 to $30.00 and set a “market perform” rating for the company in a report on Wednesday, December 19th. They noted that the move was a valuation call. Finally, Loop Capital upgraded Navistar International from a “hold” rating to a “buy” rating in a report on Thursday, December 6th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $38.73.

Shares of NAV stock opened at $33.66 on Monday. Navistar International Corp has a 12 month low of $23.69 and a 12 month high of $44.34. The company has a market cap of $3.48 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 2.13 and a beta of 2.32.

Navistar International (NYSE:NAV) last issued its quarterly earnings results on Friday, March 8th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). Navistar International had a negative return on equity of 7.75% and a net margin of 3.32%. The business had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same quarter last year, the firm earned ($0.74) earnings per share. The firm’s quarterly revenue was up 27.7% compared to the same quarter last year. Equities research analysts anticipate that Navistar International Corp will post 3.58 EPS for the current year.

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Navistar International Profile

Navistar International Corporation, through its subsidiaries, manufactures and sells commercial and military trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines worldwide. The company operates through four segments: Truck, Parts, Global Operations, and Financial Services.

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Institutional Ownership by Quarter for Navistar International (NYSE:NAV)

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