Navigant Consulting Inc. (NYSE:NCI) shot up 1.4% on Wednesday . The stock traded as high as $17.50 and last traded at $17.36, with a volume of 178,274 shares trading hands. The stock had previously closed at $17.12.

Separately, Zacks Investment Research lowered Navigant Consulting from a “buy” rating to a “hold” rating in a research report on Tuesday, June 28th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Navigant Consulting currently has a consensus rating of “Buy” and an average price target of $17.00.

The firm’s 50 day moving average is $16.10 and its 200-day moving average is $15.62. The stock has a market cap of $825.53 million and a P/E ratio of 17.70.

Navigant Consulting (NYSE:NCI) last released its quarterly earnings data on Tuesday, April 26th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.05. The business earned $223.50 million during the quarter, compared to analyst estimates of $222.81 million. The company’s revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.23 earnings per share. Equities research analysts predict that Navigant Consulting Inc. will post $1.14 EPS for the current fiscal year.

In related news, Director Stephan A. James sold 5,233 shares of the company’s stock in a transaction that occurred on Wednesday, May 4th. The stock was sold at an average price of $15.51, for a total value of $81,163.83. Following the transaction, the director now directly owns 72,271 shares in the company, valued at $1,120,923.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

A number of hedge funds and institutional investors have added to or reduced their stakes in NCI. EAM Investors LLC acquired a new position in Navigant Consulting during the fourth quarter worth approximately $1,003,000. Wells Fargo & Company MN boosted its position in Navigant Consulting by 8.8% in the fourth quarter. Wells Fargo & Company MN now owns 78,296 shares of the company’s stock worth $1,257,000 after buying an additional 6,309 shares in the last quarter. Rhumbline Advisers boosted its position in Navigant Consulting by 3.9% in the fourth quarter. Rhumbline Advisers now owns 84,295 shares of the company’s stock worth $1,354,000 after buying an additional 3,170 shares in the last quarter. California State Teachers Retirement System boosted its position in Navigant Consulting by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 89,417 shares of the company’s stock worth $1,436,000 after buying an additional 1,417 shares in the last quarter. Finally, Russell Frank Co boosted its position in Navigant Consulting by 306.8% in the fourth quarter. Russell Frank Co now owns 92,387 shares of the company’s stock worth $1,517,000 after buying an additional 69,677 shares in the last quarter.

Navigant Consulting, Inc is an independent professional services firm. The Company serves clients primarily in the healthcare, energy and financial services sectors. Its professional service offerings include strategic, financial, operational, technology, risk management, compliance, investigative solutions, dispute resolution services and business process management services.

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