South Dakota Investment Council reduced its position in shares of Navigant Consulting, Inc. (NYSE:NCI) by 69.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,500 shares of the business services provider’s stock after selling 61,600 shares during the quarter. South Dakota Investment Council’s holdings in Navigant Consulting were worth $535,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Private Capital Group LLC raised its holdings in Navigant Consulting by 163.9% during the 4th quarter. Private Capital Group LLC now owns 1,037 shares of the business services provider’s stock valued at $25,000 after buying an additional 644 shares during the last quarter. Investors Research Corp bought a new position in Navigant Consulting in the 1st quarter worth $33,000. Acadian Asset Management LLC bought a new position in Navigant Consulting in the 4th quarter worth $70,000. Advisor Group Inc. raised its holdings in Navigant Consulting by 23.3% in the 4th quarter. Advisor Group Inc. now owns 6,129 shares of the business services provider’s stock worth $147,000 after purchasing an additional 1,160 shares in the last quarter. Finally, Neuburgh Advisers LLC raised its holdings in Navigant Consulting by 11.4% in the 4th quarter. Neuburgh Advisers LLC now owns 7,766 shares of the business services provider’s stock worth $187,000 after purchasing an additional 792 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Shares of NYSE NCI opened at $22.28 on Thursday. Navigant Consulting, Inc. has a 12 month low of $18.85 and a 12 month high of $27.40. The firm has a market capitalization of $874.16 million, a price-to-earnings ratio of 47.40, a P/E/G ratio of 1.78 and a beta of 0.75.

Navigant Consulting (NYSE:NCI) last issued its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.10. Navigant Consulting had a net margin of 13.16% and a return on equity of 5.74%. The business had revenue of $186.13 million during the quarter, compared to analyst estimates of $178.87 million. On average, sell-side analysts predict that Navigant Consulting, Inc. will post 0.92 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $0.20 annualized dividend and a yield of 0.90%. Navigant Consulting’s dividend payout ratio (DPR) is presently 42.55%.

Several brokerages have commented on NCI. Zacks Investment Research lowered shares of Navigant Consulting from a “buy” rating to a “hold” rating in a report on Wednesday, January 16th. Barrington Research restated a “buy” rating and issued a $28.00 price objective on shares of Navigant Consulting in a report on Thursday, April 18th. Finally, TheStreet lowered shares of Navigant Consulting from a “b-” rating to a “c” rating in a report on Friday, March 15th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Navigant Consulting has a consensus rating of “Buy” and a consensus target price of $27.00.

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About Navigant Consulting

Navigant Consulting, Inc provides professional services worldwide. It operates through three segments: Healthcare, Energy, and Financial Services Advisory and Compliance. The Healthcare segment offers consulting and business process management services to healthcare providers, payers, and life sciences companies.

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Institutional Ownership by Quarter for Navigant Consulting (NYSE:NCI)

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