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)
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5-day change | 1st Jan Change | ||
15.48 USD | +0.32% | -3.13% | -16.86% |
29/04 | Navient Corporation Appoints Leadership Changes | CI |
25/04 | 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. | |
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-16.86% | 1.73B | |
-8.78% | 48.91B | |
-6.71% | 30.13B | |
+48.27% | 26.29B | |
+19.74% | 18.51B | |
+0.68% | 12.3B | |
+14.30% | 10.63B | |
+12.66% | 7.69B | |
-30.25% | 7.46B | |
+3.05% | 6.14B |