NAVI

Seaport Global Upgrades Navient (NAVI)

Fintel reports that on January 21, 2025, Seaport Global upgraded their outlook for Navient (NasdaqGS:NAVI) from Neutral to Buy.

Analyst Price Forecast Suggests 4.91% Upside

As of December 23, 2024, the average one-year price target for Navient is $14.96/share. The forecasts range from a low of $11.11 to a high of $17.85. The average price target represents an increase of 4.91% from its latest reported closing price of $14.26 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Navient is 1,051MM, an increase of 1.45%. The projected annual non-GAAP EPS is 2.97.

What is the Fund Sentiment?

There are 532 funds or institutions reporting positions in Navient. This is an decrease of 13 owner(s) or 2.39% in the last quarter. Average portfolio weight of all funds dedicated to NAVI is 0.09%, an increase of 6.80%. Total shares owned by institutions increased in the last three months by 5.72% to 125,119K shares. NAVI / Navient Corporation Put/Call Ratios The put/call ratio of NAVI is 2.96, indicating a bearish outlook.

What are Other Shareholders Doing?

NAVI / Navient Corporation Shares Held by Institutions

Sherborne Investors Management holds 29,450K shares representing 27.43% ownership of the company. No change in the last quarter.

IJR - iShares Core S&P Small-Cap ETF holds 5,024K shares representing 4.68% ownership of the company. In its prior filing, the firm reported owning 5,206K shares , representing a decrease of 3.63%. The firm decreased its portfolio allocation in NAVI by 7.27% over the last quarter.

Lsv Asset Management holds 4,858K shares representing 4.52% ownership of the company. In its prior filing, the firm reported owning 5,442K shares , representing a decrease of 12.04%. The firm decreased its portfolio allocation in NAVI by 6.51% over the last quarter.

Donald Smith holds 3,581K shares representing 3.34% ownership of the company. In its prior filing, the firm reported owning 2,801K shares , representing an increase of 21.78%. The firm increased its portfolio allocation in NAVI by 26.71% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,536K shares representing 2.36% ownership of the company. In its prior filing, the firm reported owning 2,533K shares , representing an increase of 0.12%. The firm increased its portfolio allocation in NAVI by 0.69% over the last quarter.

Navient Background Information
(This description is provided by the company.)

Navient is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. Navient helps clients and millions of Americans achieve success through technology-enabled financing, services, and support.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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