Navient Corp (NAVI) : Savant Capital scooped up 3,790 additional shares in Navient Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 112,010 shares of Navient Corp which is valued at $1.4 Million.Navient Corp makes up approximately 0.43% of Savant Capital’s portfolio.
Other Hedge Funds, Including , Jefferies Group sold out all of its stake in NAVI during the most recent quarter. The investment firm sold 39,750 shares of NAVI which is valued $489,323.Mutual Of America Capital Management reduced its stake in NAVI by selling 7,284 shares or 17.81% in the most recent quarter. The Hedge Fund company now holds 33,611 shares of NAVI which is valued at $413,751. Navient Corp makes up approx 0.01% of Mutual Of America Capital Management’s portfolio.Gargoyle Investment Advisor L.l.c. reduced its stake in NAVI by selling 32,921 shares or 32.1% in the most recent quarter. The Hedge Fund company now holds 69,645 shares of NAVI which is valued at $857,330. Navient Corp makes up approx 0.30% of Gargoyle Investment Advisor L.l.c.’s portfolio. Lmr Partners Llp added NAVI to its portfolio by purchasing 35,098 company shares during the most recent quarter which is valued at $460,486. Navient Corp makes up approx 0.07% of Lmr Partners Llp’s portfolio.
Navient Corp opened for trading at $12.4 and hit $12.63 on the upside on Monday, eventually ending the session at $12.5, with a gain of 1.54% or 0.19 points. The heightened volatility saw the trading volume jump to 25,95,460 shares. Company has a market cap of $4,131 M.
On the company’s financial health, Navient Corp reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 19, 2016. Analyst had a consensus of $0.41.Analysts expectations of $ 421.67.During the same quarter in the previous year, the company posted $0.48 EPS.
Many Wall Street Analysts have commented on Navient Corp. Company shares were Reiterated by Compass Point on Apr 20, 2016 to “Neutral”, Firm has raised the Price Target to $ 13 from a previous price target of $11 .
Navient Corporation is a loan management servicing and asset recovery company. The Company holds the portfolio of education loans insured or guaranteed under the Federal Family Education Loan Program (FFELP) as well as the portfolio of Private Education Loans. FFELP Loans are insured or guaranteed by state based on guaranty agreements among the United States Department of Education (ED) and these agencies. Private Education Loans are education loans to students or their families that bear the full credit risk of the customer and any cosigner. The Company operates in three segments: FFELP Loans Private Education Loans and Business Services. The Company services its own portfolio of education loans as well as those owned by banks credit unions non-profit education lenders and ED. It also provides asset recovery services on its own portfolio guaranty agencies higher education institutions ED and other federal clients as well as states courts and municipalities.