Navistar International Corp. (NYSE:NAV) shares fell 3.7% on Wednesday . The stock traded as low as $12.26 and last traded at $12.54, with a volume of 472,332 shares. The stock had previously closed at $13.02.

Several brokerages have weighed in on NAV. Jefferies Group reissued a “buy” rating on shares of Navistar International Corp. in a report on Thursday, July 7th. Piper Jaffray Cos. lowered shares of Navistar International Corp. from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $14.00 to $11.50 in a report on Tuesday, June 28th. Avondale Partners reissued a “market perform” rating and set a $9.00 price objective (down from $12.00) on shares of Navistar International Corp. in a report on Wednesday, June 15th. Stifel Nicolaus lowered shares of Navistar International Corp. from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $13.15 to $10.00 in a report on Monday, June 13th. Finally, BMO Capital Markets reissued a “hold” rating on shares of Navistar International Corp. in a report on Wednesday, June 8th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $13.17.

The company’s market cap is $1.03 billion. The company has a 50 day moving average price of $12.02 and a 200-day moving average price of $10.80.

A number of institutional investors recently added to or reduced their stakes in NAV. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Navistar International Corp. by 10.5% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 123,792 shares of the company’s stock valued at $1,094,000 after buying an additional 11,782 shares during the last quarter. Towle & Co. boosted its position in Navistar International Corp. by 3.6% in the fourth quarter. Towle & Co. now owns 1,206,359 shares of the company’s stock valued at $10,664,000 after buying an additional 41,530 shares during the last quarter. Finally, Gamco Investors INC. ET AL boosted its position in Navistar International Corp. by 1.6% in the fourth quarter. Gamco Investors INC. ET AL now owns 6,435,765 shares of the company’s stock valued at $56,892,000 after buying an additional 98,322 shares during the last quarter.

Navistar International Corporation (NIC) is a holding company, whose principal operating subsidiaries are Navistar, Inc and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks, MaxxForce brand diesel engines, IC Bus (IC) brand school and commercial buses, as well as a provider of service parts for trucks and diesel engines.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.