Ballentine Partners LLC acquired a new stake in shares of Navistar International Corporation (NYSE:NAV) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,000 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds and other institutional investors also recently modified their holdings of NAV. Alliancebernstein L.P. raised its holdings in shares of Navistar International Corporation by 10.9% in the first quarter. Alliancebernstein L.P. now owns 93,350 shares of the company’s stock valued at $2,298,000 after buying an additional 9,200 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Navistar International Corporation by 107.5% in the first quarter. Wellington Management Group LLP now owns 109,465 shares of the company’s stock valued at $2,695,000 after buying an additional 56,705 shares during the last quarter. Teachers Advisors LLC raised its holdings in shares of Navistar International Corporation by 2.4% in the first quarter. Teachers Advisors LLC now owns 88,476 shares of the company’s stock valued at $2,178,000 after buying an additional 2,051 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Navistar International Corporation by 5.1% in the first quarter. Vanguard Group Inc. now owns 4,122,984 shares of the company’s stock valued at $101,508,000 after buying an additional 199,826 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Navistar International Corporation by 9.2% in the first quarter. Geode Capital Management LLC now owns 469,179 shares of the company’s stock valued at $11,550,000 after buying an additional 39,499 shares during the last quarter. 82.32% of the stock is owned by institutional investors.

In related news, Director Stephen R. D’arcy sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $44.34, for a total value of $44,340.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Truck & Bus Gmbh Volkswagen acquired 25,367 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The stock was acquired at an average price of $29.90 per share, with a total value of $758,473.30. The disclosure for this purchase can be found here. 21.80% of the stock is currently owned by insiders.

Navistar International Corporation (NYSE NAV) traded down $0.08 during trading on Monday, hitting $39.38. The stock had a trading volume of 437,200 shares, compared to its average volume of 615,553. Navistar International Corporation has a 52 week low of $22.89 and a 52 week high of $45.47. The company has a debt-to-equity ratio of -0.86, a current ratio of 1.23 and a quick ratio of 0.94.

Navistar International Corporation (NYSE:NAV) last posted its earnings results on Wednesday, September 6th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.09. The company had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.17 billion. Navistar International Corporation’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.42) earnings per share. equities analysts forecast that Navistar International Corporation will post -0.51 EPS for the current year.

NAV has been the subject of a number of research analyst reports. Zacks Investment Research cut Navistar International Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $35.00 price target on shares of Navistar International Corporation in a report on Friday, July 21st. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $27.00 price target on shares of Navistar International Corporation in a report on Thursday, August 3rd. BidaskClub raised Navistar International Corporation from a “hold” rating to a “buy” rating in a report on Saturday, August 5th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $31.00 price target on shares of Navistar International Corporation in a report on Friday, August 18th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $37.67.

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Navistar International Corporation Company Profile

Navistar International Corporation is a holding company whose principal operating entities are Navistar, Inc and Navistar Financial Corporation (NFC). The Company’s segments include Truck, Parts, Global Operations (collectively, Manufacturing operations) and Financial Services, which consists of NFC and its foreign finance operations (collectively, Financial Services operations).

Institutional Ownership by Quarter for Navistar International Corporation (NYSE:NAV)

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