Navigator Holdings LTD (NVGS) Holder Nfc Investments Has Cut Its Holding by $594,675; As Carmax (KMX) Share Price Declined, Qvt Financial LP Trimmed Position

April 19, 2018 - By Michael Collier

CarMax Inc. (NYSE:KMX) Logo

Daniel Gold decreased its stake in Carmax Inc (KMX) by 40.25% based on its latest 2017Q4 regulatory filing with the SEC. Qvt Financial Lp sold 101,900 shares as the company’s stock declined 8.40% with the market. The hedge fund run by Daniel Gold held 151,253 shares of the automotive aftermarket company at the end of 2017Q4, valued at $9.70M, down from 253,153 at the end of the previous reported quarter. Qvt Financial Lp who had been investing in Carmax Inc for a number of months, seems to be less bullish one the $11.37B market cap company. The stock increased 0.48% or $0.3 during the last trading session, reaching $63.27. About 1.55M shares traded. CarMax Inc. (NYSE:KMX) has risen 1.49% since April 19, 2017 and is uptrending. It has underperformed by 10.06% the S&P500.

Nfc Investments Llc decreased its stake in Navigator Holdings Ltd (NVGS) by 18.98% based on its latest 2017Q4 regulatory filing with the SEC. Nfc Investments Llc sold 66,075 shares as the company’s stock rose 19.17% while stock markets declined. The hedge fund held 282,090 shares of the marine transportation company at the end of 2017Q4, valued at $2.78 million, down from 348,165 at the end of the previous reported quarter. Nfc Investments Llc who had been investing in Navigator Holdings Ltd for a number of months, seems to be less bullish one the $627.49M market cap company. It closed at $11.3 lastly. It is down 12.88% since April 19, 2017 and is downtrending. It has underperformed by 24.43% the S&P500.

Analysts await CarMax Inc. (NYSE:KMX) to report earnings on June, 20. They expect $1.22 EPS, up 7.96% or $0.09 from last year’s $1.13 per share. KMX’s profit will be $219.30M for 12.97 P/E if the $1.22 EPS becomes a reality. After $0.77 actual EPS reported by CarMax Inc. for the previous quarter, Wall Street now forecasts 58.44% EPS growth.

Since December 15, 2017, it had 2 buys, and 8 insider sales for $7.07 million activity. FOLLIARD THOMAS J had sold 8,000 shares worth $579,200 on Tuesday, January 16. GRAFTON W ROBERT bought $2,280 worth of stock. $217,767 worth of CarMax Inc. (NYSE:KMX) was sold by GOODMAN SHIRA. Shares for $478,064 were sold by Newberry Darren C. MARGOLIN ERIC M sold $1.44 million worth of stock or 20,000 shares.

Among 18 analysts covering Carmax Inc (NYSE:KMX), 9 have Buy rating, 2 Sell and 7 Hold. Therefore 50% are positive. Carmax Inc had 65 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by Oppenheimer given on Monday, March 12. On Friday, September 22 the stock rating was maintained by Robert W. Baird with “Hold”. As per Thursday, October 5, the company rating was downgraded by Oppenheimer. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, June 22. The rating was initiated by Susquehanna on Friday, August 26 with “Positive”. The company was maintained on Thursday, September 22 by Deutsche Bank. The company was maintained on Friday, April 7 by IBC. The firm has “Neutral” rating given on Friday, March 11 by Northcoast. RBC Capital Markets maintained CarMax Inc. (NYSE:KMX) rating on Friday, April 7. RBC Capital Markets has “Sector Perform” rating and $63 target. The rating was maintained by Susquehanna with “Hold” on Friday, December 22.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.14, from 0.9 in 2017Q3. It is positive, as 39 investors sold KMX shares while 152 reduced holdings. 64 funds opened positions while 134 raised stakes. 174.62 million shares or 7.20% less from 188.17 million shares in 2017Q3 were reported. Highbridge Capital Management Ltd Limited Liability Company accumulated 300,264 shares. Old Mutual Customised Solutions (Proprietary) owns 13,202 shares. Envestnet Asset Management Inc accumulated 71,385 shares. Avenir holds 5.59% of its portfolio in CarMax Inc. (NYSE:KMX) for 943,507 shares. Pnc Financial Service invested in 0.01% or 211,418 shares. Df Dent accumulated 1.57M shares. Farmers Merchants Investments Incorporated, Nebraska-based fund reported 73 shares. Moreover, Tower Research Capital Lc (Trc) has 0.03% invested in CarMax Inc. (NYSE:KMX) for 3,991 shares. Moreover, Vnbtrust Natl Association has 1.04% invested in CarMax Inc. (NYSE:KMX) for 27,745 shares. Teachers Retirement Sys Of The State Of Kentucky holds 0.06% or 84,444 shares. Assetmark, a California-based fund reported 128 shares. Cayman Islands-based Quantres Asset Mgmt Limited has invested 1.12% in CarMax Inc. (NYSE:KMX). Bluemountain Mgmt Lc accumulated 7,782 shares. State Of Wisconsin Board has 0.03% invested in CarMax Inc. (NYSE:KMX). Oppenheimer And reported 863,281 shares stake.

Qvt Financial Lp, which manages about $8.91 billion and $1.77B US Long portfolio, upped its stake in Time Warner Inc (NYSE:TWX) by 77,877 shares to 228,244 shares, valued at $20.88M in 2017Q4, according to the filing. It also increased its holding in Sinclair Broadcast Group Inc (NASDAQ:SBGI) by 86,275 shares in the quarter, for a total of 275,097 shares, and has risen its stake in Keane Group Inc.

Among 4 analysts covering Navigator Holdings (NYSE:NVGS), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Navigator Holdings had 21 analyst reports since October 23, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, July 13. The firm has “Underweight” rating given on Thursday, August 25 by Morgan Stanley. The stock has “Buy” rating by Stifel Nicolaus on Friday, July 22. Jefferies maintained Navigator Holdings Ltd. (NYSE:NVGS) on Wednesday, July 27 with “Buy” rating. The stock has “Buy” rating by Maxim Group on Friday, March 2. The stock of Navigator Holdings Ltd. (NYSE:NVGS) earned “Buy” rating by Maxim Group on Wednesday, April 4. Maxim Group maintained the stock with “Buy” rating in Wednesday, January 31 report. The rating was initiated by Maxim Group with “Buy” on Tuesday, November 22. The firm earned “Buy” rating on Monday, October 30 by Jefferies. The stock of Navigator Holdings Ltd. (NYSE:NVGS) earned “Buy” rating by Maxim Group on Friday, May 5.

Nfc Investments Llc, which manages about $1.00B and $295.74M US Long portfolio, upped its stake in Starwood Ppty Tr Inc (NYSE:STWD) by 207,980 shares to 810,563 shares, valued at $17.31 million in 2017Q4, according to the filing. It also increased its holding in Athene Hldg Ltd by 125,395 shares in the quarter, for a total of 344,293 shares, and has risen its stake in Alliance Res Partners Lp (NASDAQ:ARLP).

CarMax Inc. (NYSE:KMX) Institutional Positions Chart

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