JPMorgan Chase & Co. increased its stake in Navigant Consulting, Inc. (NYSE:NCI) by 474.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 777,731 shares of the business services provider’s stock after purchasing an additional 642,249 shares during the period. JPMorgan Chase & Co. owned approximately 1.73% of Navigant Consulting worth $17,936,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. US Bancorp DE boosted its stake in Navigant Consulting by 49.5% in the 3rd quarter. US Bancorp DE now owns 10,985 shares of the business services provider’s stock worth $253,000 after purchasing an additional 3,639 shares during the period. Victory Capital Management Inc. boosted its stake in Navigant Consulting by 23.9% in the 3rd quarter. Victory Capital Management Inc. now owns 18,206 shares of the business services provider’s stock worth $420,000 after purchasing an additional 3,516 shares during the period. First Hawaiian Bank acquired a new position in shares of Navigant Consulting during the 3rd quarter worth about $487,000. Jennison Associates LLC acquired a new position in shares of Navigant Consulting during the 3rd quarter worth about $681,000. Finally, GSA Capital Partners LLP boosted its stake in shares of Navigant Consulting by 25.2% during the 3rd quarter. GSA Capital Partners LLP now owns 34,566 shares of the business services provider’s stock worth $797,000 after buying an additional 6,955 shares during the last quarter. 94.26% of the stock is owned by hedge funds and other institutional investors.

Navigant Consulting stock opened at $26.46 on Tuesday. Navigant Consulting, Inc. has a one year low of $18.14 and a one year high of $26.53. The stock has a market cap of $1.12 billion, a PE ratio of 24.28, a price-to-earnings-growth ratio of 2.05 and a beta of 0.75.

A number of research firms have recently commented on NCI. Zacks Investment Research downgraded shares of Navigant Consulting from a “buy” rating to a “hold” rating in a research note on Wednesday, January 16th. Barrington Research set a $30.00 price objective on shares of Navigant Consulting and gave the stock a “buy” rating in a research note on Friday, November 16th.

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About Navigant Consulting

Navigant Consulting, Inc provides professional services to corporate executives and senior management, corporate counsel, law firms, corporate boards, special committees, and governmental agencies worldwide. It operates through four segments: Healthcare; Energy; Financial Services Advisory and Compliance; and Disputes, Forensics and Legal Technology.

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

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