The stake makes Sherborne Navient's biggest investor, ahead of mutual fund manager Vanguard Group, which holds a 10.66% interest in the company, according to Refinitiv data.
(Reporting by Sinchita Mitra in Bengaluru; Editing by Anil D'Silva)
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
15.47 USD | +2.38% | -1.46% | -16.92% |
Apr. 29 | Navient Corporation Appoints Leadership Changes | CI |
Apr. 25 | Keefe, Bruyette & Woods Adjusts Price Target on Navient to $17 From $19, Keeps Market Perform Rating | MT |
(Reuters) - Sherborne Investors, led by activist investor Edward Bramson, said on Monday one of its funds had built a stake of about 16% in U.S.-based Navient Corp, which provides student loan management services.
The stake makes Sherborne Navient's biggest investor, ahead of mutual fund manager Vanguard Group, which holds a 10.66% interest in the company, according to Refinitiv data.
(Reporting by Sinchita Mitra in Bengaluru; Editing by Anil D'Silva)
1st Jan change | Capi. | |
---|---|---|
-16.92% | 1.73B | |
-7.93% | 50.03B | |
-6.26% | 30.54B | |
+53.57% | 27.29B | |
+27.00% | 24.77B | |
+17.31% | 17.99B | |
+1.67% | 13.03B | |
+13.83% | 10.71B | |
+15.35% | 8.21B | |
-28.84% | 7.49B |