Brandywine Global Investment Management Cut Navigators Group (NAVG) Stake By $524,030; Psivida (PSDV)’s Sentiment Is 0.62

January 14, 2018 - By Richard Conner

pSivida Corp. develops sustained-release drug-delivery products for the treatment of chronic eye diseases in the United States and the United Kingdom. The company has market cap of $51.59 million. It offers ILUVIEN, an injectable, sustained-release micro-insert for use in treating vision impairment associated with diabetic macular edema; and Retisert for the treatment of posterior segment uveitis. It currently has negative earnings. The firm is also developing Durasert, an injectable, sustained-release micro-insert, which is in Phase III clinical trials for the treatment of chronic non-infectious uveitis affecting the posterior segment of the eye.

Brandywine Global Investment Management Llc decreased Navigators Group Inc (NAVG) stake by 9.22% reported in 2017Q3 SEC filing. Brandywine Global Investment Management Llc sold 9,035 shares as Navigators Group Inc (NAVG)’s stock declined 7.34%. The Brandywine Global Investment Management Llc holds 88,982 shares with $5.19 million value, down from 98,017 last quarter. Navigators Group Inc now has $1.45 billion valuation. The stock increased 0.31% or $0.15 during the last trading session, reaching $49.05. About 76,723 shares traded. The Navigators Group, Inc. (NASDAQ:NAVG) has risen 19.79% since January 14, 2017 and is uptrending. It has outperformed by 3.09% the S&P500.

Investors sentiment increased to 1.31 in Q3 2017. Its up 0.01, from 1.3 in 2017Q2. It is positive, as 8 investors sold NAVG shares while 41 reduced holdings. 20 funds opened positions while 44 raised stakes. 21.68 million shares or 0.85% more from 21.50 million shares in 2017Q2 were reported. Ngam LP reported 53,657 shares or 0.03% of all its holdings. Price T Rowe Associates Md has invested 0% in The Navigators Group, Inc. (NASDAQ:NAVG). Diversified Company holds 0.02% or 3,650 shares. Pdts Ptnrs Limited Liability Corporation holds 0.02% or 11,803 shares. Bridgeway Capital Mgmt owns 150,000 shares. Manufacturers Life Insurance The has invested 0% of its portfolio in The Navigators Group, Inc. (NASDAQ:NAVG). Westpac reported 182,300 shares or 0.18% of all its holdings. Geode Capital Limited Liability Company holds 0% or 200,852 shares. Pub Employees Retirement Association Of Colorado holds 5,764 shares. Tower Ltd Limited Liability Company (Trc) reported 0.01% in The Navigators Group, Inc. (NASDAQ:NAVG). Nationwide Fund Advsrs reported 43,931 shares or 0.01% of all its holdings. National Bank & Trust Of New York Mellon accumulated 469,764 shares. Bnp Paribas Arbitrage Sa holds 11,966 shares. National Bank & Trust Of America De reported 221,197 shares or 0% of all its holdings. Pinebridge Ltd Partnership stated it has 30,114 shares.

Analysts await The Navigators Group, Inc. (NASDAQ:NAVG) to report earnings on February, 15. They expect $0.57 EPS, down 1.72% or $0.01 from last year’s $0.58 per share. NAVG’s profit will be $16.82 million for 21.51 P/E if the $0.57 EPS becomes a reality. After $-1.00 actual EPS reported by The Navigators Group, Inc. for the previous quarter, Wall Street now forecasts -157.00% EPS growth.

Among 4 analysts covering Navigators Group (NASDAQ:NAVG), 1 have Buy rating, 2 Sell and 1 Hold. Therefore 25% are positive. Navigators Group had 7 analyst reports since May 27, 2016 according to SRatingsIntel. The firm earned “Market Perform” rating on Friday, May 27 by Wood. The rating was upgraded by Sandler O’Neill to “Buy” on Thursday, December 7. The rating was downgraded by Wood on Wednesday, December 6 to “Underperform”. On Monday, September 18 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The company was downgraded on Monday, November 7 by Sandler O’Neill. The stock of The Navigators Group, Inc. (NASDAQ:NAVG) earned “Sell” rating by Keefe Bruyette & Woods on Wednesday, December 6.

Since August 10, 2017, it had 0 insider buys, and 5 selling transactions for $1.12 million activity. $177,741 worth of The Navigators Group, Inc. (NASDAQ:NAVG) was sold by EISDORFER R SCOTT.

Brandywine Global Investment Management Llc increased Zions Bancorporation (NASDAQ:ZION) stake by 9,168 shares to 246,066 valued at $11.61 million in 2017Q3. It also upped Enterprise Finl Svcs Corp (NASDAQ:EFSC) stake by 49,852 shares and now owns 56,673 shares. Goodyear Tire & Rubr Co (NASDAQ:GT) was raised too.

The stock increased 2.70% or $0.03 during the last trading session, reaching $1.14. About 606,561 shares traded or 0.35% up from the average. pSivida Corp. (PSDV) has declined 20.28% since January 14, 2017 and is downtrending. It has underperformed by 36.98% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>