Great West Life Assurance Co. Can cut its holdings in shares of Navigant Consulting, Inc. (NYSE:NCI) by 2.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 57,042 shares of the business services provider’s stock after selling 1,471 shares during the period. Great West Life Assurance Co. Can’s holdings in Navigant Consulting were worth $1,110,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. TD Asset Management Inc. raised its position in Navigant Consulting by 33.0% during the first quarter. TD Asset Management Inc. now owns 28,200 shares of the business services provider’s stock worth $549,000 after acquiring an additional 7,000 shares during the last quarter. JPMorgan Chase & Co. raised its position in Navigant Consulting by 30.6% during the first quarter. JPMorgan Chase & Co. now owns 1,918,849 shares of the business services provider’s stock worth $37,359,000 after acquiring an additional 449,090 shares during the last quarter. Systematic Financial Management LP raised its position in Navigant Consulting by 24.5% during the first quarter. Systematic Financial Management LP now owns 64,060 shares of the business services provider’s stock worth $1,247,000 after acquiring an additional 12,595 shares during the last quarter. California Public Employees Retirement System raised its position in Navigant Consulting by 1.2% during the first quarter. California Public Employees Retirement System now owns 138,658 shares of the business services provider’s stock worth $2,700,000 after acquiring an additional 1,639 shares during the last quarter. Finally, Comerica Bank raised its position in Navigant Consulting by 2.5% during the first quarter. Comerica Bank now owns 42,938 shares of the business services provider’s stock worth $878,000 after acquiring an additional 1,056 shares during the last quarter. Institutional investors own 94.09% of the company’s stock.

Shares of NCI opened at $22.41 on Thursday. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 0.13. The stock has a market cap of $888.46 million, a price-to-earnings ratio of 47.68, a price-to-earnings-growth ratio of 1.81 and a beta of 0.74. Navigant Consulting, Inc. has a 12-month low of $18.85 and a 12-month high of $27.40.

Navigant Consulting (NYSE:NCI) last announced its earnings results on Thursday, April 25th. The business services provider reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.10. The company had revenue of $186.13 million during the quarter, compared to analysts’ expectations of $178.87 million. Navigant Consulting had a net margin of 13.16% and a return on equity of 5.74%. As a group, research analysts anticipate that Navigant Consulting, Inc. will post 0.92 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Thursday, May 30th. Navigant Consulting’s dividend payout ratio is presently 42.55%.

A number of equities analysts have issued reports on the stock. Barrington Research restated a “buy” rating and set a $28.00 target price on shares of Navigant Consulting in a research report on Thursday, April 18th. TheStreet cut shares of Navigant Consulting from a “b-” rating to a “c” rating in a research 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. The company 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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