Navios Maritime Holdings Inc (NM) Stake Lifted by Deutsche Bank AG

Deutsche Bank AG increased its position in shares of Navios Maritime Holdings Inc (NYSE:NM) by 145.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 205,114 shares of the shipping company’s stock after buying an additional 121,589 shares during the quarter. Deutsche Bank AG owned about 0.18% of Navios Maritime worth $245,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. PenderFund Capital Management Ltd. acquired a new position in Navios Maritime during the 4th quarter worth approximately $2,201,000. Jefferies Group LLC raised its stake in shares of Navios Maritime by 109.7% in the fourth quarter. Jefferies Group LLC now owns 1,504,542 shares of the shipping company’s stock worth $1,805,000 after purchasing an additional 787,238 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Navios Maritime by 729.2% in the fourth quarter. SG Americas Securities LLC now owns 121,229 shares of the shipping company’s stock worth $145,000 after purchasing an additional 106,609 shares during the last quarter. Royce & Associates LP raised its stake in shares of Navios Maritime by 13.4% in the fourth quarter. Royce & Associates LP now owns 1,951,349 shares of the shipping company’s stock worth $2,342,000 after purchasing an additional 230,000 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Navios Maritime by 10.0% in the fourth quarter. Renaissance Technologies LLC now owns 1,724,002 shares of the shipping company’s stock worth $2,069,000 after purchasing an additional 157,100 shares during the last quarter. 22.41% of the stock is currently owned by institutional investors and hedge funds.

NM has been the subject of several analyst reports. Clarkson Capital raised Navios Maritime from a “neutral” rating to a “buy” rating in a research note on Monday, February 12th. Zacks Investment Research raised Navios Maritime from a “sell” rating to a “hold” rating in a research note on Tuesday, May 15th. ValuEngine raised Navios Maritime from a “strong sell” rating to a “sell” rating in a research note on Tuesday, May 8th. Finally, JPMorgan Chase downgraded Navios Maritime from a “neutral” rating to an “underweight” rating in a research note on Friday, March 23rd. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $1.58.

Shares of Navios Maritime opened at $0.78 on Tuesday, Marketbeat.com reports. The company has a market capitalization of $91.36 million, a PE ratio of -0.78 and a beta of 2.69. Navios Maritime Holdings Inc has a 52 week low of $0.68 and a 52 week high of $1.90. The company has a debt-to-equity ratio of 2.67, a current ratio of 1.08 and a quick ratio of 0.96.

Navios Maritime (NYSE:NM) last issued its quarterly earnings data on Tuesday, May 15th. The shipping company reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.04). The company had revenue of $116.88 million during the quarter, compared to analysts’ expectations of $128.39 million. Navios Maritime had a negative return on equity of 15.43% and a negative net margin of 33.99%. equities research analysts predict that Navios Maritime Holdings Inc will post -0.86 earnings per share for the current fiscal year.

Navios Maritime Profile

Navios Maritime Holdings Inc operates as a seaborne shipping and logistics company in North America, Europe, Asia, South America, and internationally. The company focuses on the transportation and transshipment of dry bulk commodities, including iron ores, coal, and grains. It operates through two segments, Dry Bulk Vessel Operations and Logistics Business.

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Institutional Ownership by Quarter for Navios Maritime (NYSE:NM)

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