LSV Asset Management Sells 340,527 Shares of Navient Corporation $NAVI

LSV Asset Management lowered its position in shares of Navient Corporation (NASDAQ:NAVI) by 9.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,373,611 shares of the credit services provider’s stock after selling 340,527 shares during the quarter. LSV Asset Management owned about 3.46% of Navient worth $44,363,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. CWM LLC lifted its stake in shares of Navient by 79.0% in the 3rd quarter. CWM LLC now owns 2,525 shares of the credit services provider’s stock valued at $33,000 after purchasing an additional 1,114 shares during the period. Quent Capital LLC bought a new stake in Navient in the third quarter worth approximately $68,000. Root Financial Partners LLC acquired a new position in Navient in the third quarter valued at approximately $88,000. Russell Investments Group Ltd. boosted its holdings in shares of Navient by 77.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 7,766 shares of the credit services provider’s stock worth $109,000 after buying an additional 3,378 shares in the last quarter. Finally, Inceptionr LLC bought a new position in shares of Navient during the 2nd quarter worth approximately $152,000. 97.14% of the stock is currently owned by institutional investors and hedge funds.

Navient Trading Down 0.5%

NASDAQ:NAVI opened at $9.34 on Friday. The company has a debt-to-equity ratio of 16.94, a current ratio of 9.01 and a quick ratio of 9.41. Navient Corporation has a one year low of $9.33 and a one year high of $16.07. The company has a market cap of $910.74 million, a PE ratio of -11.39 and a beta of 1.32. The firm has a 50-day moving average of $11.96 and a 200-day moving average of $12.44.

Navient (NASDAQ:NAVI) last announced its quarterly earnings results on Wednesday, January 28th. The credit services provider reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.29). Navient had a negative net margin of 2.47% and a positive return on equity of 4.70%. The business had revenue of $137.00 million during the quarter, compared to the consensus estimate of $144.25 million. During the same period in the previous year, the business posted ($0.24) EPS. Navient has set its FY 2026 guidance at 0.650-0.800 EPS. As a group, equities research analysts expect that Navient Corporation will post 1.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Navient from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. Zacks Research lowered shares of Navient from a “hold” rating to a “strong sell” rating in a report on Monday, February 2nd. Morgan Stanley set a $12.00 price objective on shares of Navient in a research report on Wednesday, January 28th. JPMorgan Chase & Co. reduced their target price on Navient from $14.00 to $12.50 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Finally, TD Cowen reaffirmed a “sell” rating on shares of Navient in a research note on Thursday, October 30th. Five analysts have rated the stock with a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat, Navient currently has a consensus rating of “Strong Sell” and a consensus price target of $11.63.

Navient Company Profile

Navient Corporation (NASDAQ: NAVI) is a specialized provider of asset management and business processing solutions, with a primary focus on student loan servicing. Established in 2014 through the separation from Sallie Mae, Navient assumed responsibility for servicing federal and private education loans, positioning itself as one of the largest servicers of higher education debt in the United States.

The company’s core activities center on federal student loan servicing under contracts with the U.S.