The Navigators Group, Inc. (NAVG) Forms $57.70 Double Bottom; Highfields Capital Management LP Has Decreased Invesco LTD (IVZ) Holding

Invesco Ltd. (NYSE:IVZ) Logo

Highfields Capital Management Lp decreased Invesco Ltd (IVZ) stake by 30.64% reported in 2017Q4 SEC filing. Highfields Capital Management Lp sold 2.53M shares as Invesco Ltd (IVZ)’s stock declined 14.41%. The Highfields Capital Management Lp holds 5.73M shares with $209.50M value, down from 8.27 million last quarter. Invesco Ltd now has $13.06B valuation. The stock increased 0.19% or $0.06 during the last trading session, reaching $31.78. About 2.44 million shares traded. Invesco Ltd. (NYSE:IVZ) has risen 4.53% since April 6, 2017 and is uptrending. It has underperformed by 7.02% the S&P500.

The Navigators Group, Inc. (NAVG) formed double bottom with $55.97 target or 3.00% below today’s $57.70 share price. The Navigators Group, Inc. (NAVG) has $1.71 billion valuation. The stock increased 0.13% or $0.08 during the last trading session, reaching $57.7. About 44,159 shares traded. The Navigators Group, Inc. (NASDAQ:NAVG) has risen 6.75% since April 6, 2017 and is uptrending. It has underperformed by 4.80% the S&P500.

Analysts await The Navigators Group, Inc. (NASDAQ:NAVG) to report earnings on May, 3. They expect $0.79 earnings per share, up 16.18% or $0.11 from last year’s $0.68 per share. NAVG’s profit will be $23.47M for 18.26 P/E if the $0.79 EPS becomes a reality. After $0.81 actual earnings per share reported by The Navigators Group, Inc. for the previous quarter, Wall Street now forecasts -2.47% negative EPS growth.

Investors sentiment increased to 1.38 in Q4 2017. Its up 0.07, from 1.31 in 2017Q3. It improved, as 13 investors sold The Navigators Group, Inc. shares while 40 reduced holdings. 17 funds opened positions while 56 raised stakes. 21.86 million shares or 0.83% more from 21.68 million shares in 2017Q3 were reported. 1,100 were accumulated by Northwestern Mutual Wealth Management. Ngam Advsrs Limited Partnership holds 0.05% in The Navigators Group, Inc. (NASDAQ:NAVG) or 96,701 shares. Los Angeles Capital Mgmt Equity has invested 0.01% of its portfolio in The Navigators Group, Inc. (NASDAQ:NAVG). Art Advisors Limited Liability Com has 0.03% invested in The Navigators Group, Inc. (NASDAQ:NAVG) for 12,209 shares. Manufacturers Life Insurance The invested in 16,099 shares. Swiss Retail Bank invested in 0% or 41,300 shares. Point72 Asia (Hong Kong) Limited holds 0% or 60 shares in its portfolio. Guggenheim Capital Ltd Liability invested in 0% or 35,336 shares. State Of Alaska Department Of Revenue holds 0.01% of its portfolio in The Navigators Group, Inc. (NASDAQ:NAVG) for 4,475 shares. Northern Tru stated it has 979,288 shares or 0.01% of all its holdings. Invesco Limited accumulated 246,123 shares. Champlain Investment Prtnrs Ltd Liability Corporation has 0.8% invested in The Navigators Group, Inc. (NASDAQ:NAVG) for 1.45M shares. 18,690 are held by Citadel Advsr Ltd. Reinhart Partners reported 68,704 shares. California Public Employees Retirement Systems holds 0% or 73,561 shares.

Among 4 analysts covering Navigators Group (NASDAQ:NAVG), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Navigators Group has $86 highest and $55.0 lowest target. $67’s average target is 16.12% above currents $57.7 stock price. Navigators Group had 9 analyst reports since May 27, 2016 according to SRatingsIntel. The rating was maintained by Wood with “Market Perform” on Friday, May 27. The rating was downgraded by Sandler O’Neill on Tuesday, February 20 to “Hold”. The firm has “Buy” rating given on Thursday, December 7 by Sandler O’Neill. The rating was downgraded by Sandler O’Neill to “Hold” on Monday, November 7. Keefe Bruyette & Woods maintained The Navigators Group, Inc. (NASDAQ:NAVG) on Monday, September 18 with “Hold” rating. Sandler O’Neill maintained it with “Buy” rating and $60.0 target in Friday, February 16 report. The firm has “Underperform” rating given on Wednesday, December 6 by Wood. The stock of The Navigators Group, Inc. (NASDAQ:NAVG) has “Sell” rating given on Wednesday, December 6 by Keefe Bruyette & Woods.

Since March 8, 2018, it had 0 insider purchases, and 1 sale for $113,020 activity. Bach Carl L III sold 2,000 shares worth $113,020.

Among 17 analysts covering Invesco (NYSE:IVZ), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. Invesco had 78 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained Invesco Ltd. (NYSE:IVZ) on Friday, December 15 with “Buy” rating. The firm has “Neutral” rating by UBS given on Thursday, June 2. The firm has “Outperform” rating given on Friday, October 14 by Wood. The stock has “Buy” rating by Deutsche Bank on Thursday, June 16. Keefe Bruyette & Woods maintained the shares of IVZ in report on Thursday, July 27 with “Buy” rating. Citigroup downgraded the stock to “Hold” rating in Friday, January 19 report. The company was maintained on Wednesday, October 21 by Argus Research. As per Friday, January 8, the company rating was maintained by Deutsche Bank. Citigroup maintained Invesco Ltd. (NYSE:IVZ) rating on Friday, October 27. Citigroup has “Buy” rating and $44 target. As per Thursday, April 7, the company rating was maintained by JP Morgan.

Since February 15, 2018, it had 1 buy, and 3 sales for $14.91 million activity. $98,960 worth of stock was bought by Beshar Sarah on Tuesday, February 27. CAROME KEVIN M sold $834,500 worth of Invesco Ltd. (NYSE:IVZ) on Thursday, February 15. Lege Annette sold $171,550 worth of stock. 422,860 shares were sold by FLANAGAN MARTIN L, worth $14.01M.

Highfields Capital Management Lp increased Parsley Energy Inc (NYSE:PE) stake by 1.53 million shares to 2.03 million valued at $59.70 million in 2017Q4. It also upped Grupo Televisa Sa (NYSE:TV) stake by 764,090 shares and now owns 19.08M shares. Tesla Inc (NASDAQ:TSLA) was raised too.

Investors sentiment increased to 1.31 in Q4 2017. Its up 0.06, from 1.25 in 2017Q3. It increased, as 30 investors sold IVZ shares while 168 reduced holdings. 77 funds opened positions while 182 raised stakes. 308.14 million shares or 0.34% more from 307.09 million shares in 2017Q3 were reported. Moreover, Gotham Asset Management Ltd Company has 0.03% invested in Invesco Ltd. (NYSE:IVZ) for 60,913 shares. Middleton & Ma reported 0.14% in Invesco Ltd. (NYSE:IVZ). Dixon Hubard Feinour & Brown Va stated it has 154,880 shares or 1.53% of all its holdings. Edinburgh Prtn Ltd holds 0.01% or 847 shares. Brinker Capital Inc invested in 0.03% or 23,533 shares. Intact Invest Mgmt Inc reported 56,700 shares. Verition Fund Mgmt Limited Liability Corp has 0.04% invested in Invesco Ltd. (NYSE:IVZ) for 10,787 shares. Atlantic Trust Group Ltd Liability Corporation accumulated 29,424 shares or 0% of the stock. Kiltearn Ptnrs Llp reported 5.95 million shares. Pub Sector Pension Board invested in 0.02% or 89,005 shares. Cibc Incorporated has invested 0% in Invesco Ltd. (NYSE:IVZ). Bnp Paribas Asset Mgmt, a France-based fund reported 60,959 shares. Glob X Mngmt Communication Ltd Llc reported 0.01% of its portfolio in Invesco Ltd. (NYSE:IVZ). Nelson Van Denburg & Campbell Wealth Grp Llc accumulated 0% or 110 shares. Legal & General Group Inc Pcl holds 2.11M shares.

Analysts await Invesco Ltd. (NYSE:IVZ) to report earnings on April, 26. They expect $0.69 EPS, up 13.11% or $0.08 from last year’s $0.61 per share. IVZ’s profit will be $283.47 million for 11.51 P/E if the $0.69 EPS becomes a reality. After $0.73 actual EPS reported by Invesco Ltd. for the previous quarter, Wall Street now forecasts -5.48% negative EPS growth.

The Navigators Group, Inc. (NASDAQ:NAVG) Institutional Positions Chart