Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Position Increased by AQR Capital Management LLC

AQR Capital Management LLC lifted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 10.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 218,631 shares of the company's stock after acquiring an additional 20,745 shares during the period. AQR Capital Management LLC's holdings in Norwegian Cruise Line were worth $5,625,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC bought a new stake in Norwegian Cruise Line in the fourth quarter worth $272,000. Cookson Peirce & Co. Inc. purchased a new stake in Norwegian Cruise Line during the 4th quarter valued at about $654,000. Jupiter Asset Management Ltd. boosted its holdings in Norwegian Cruise Line by 365.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 2,168,658 shares of the company's stock valued at $55,800,000 after acquiring an additional 1,702,748 shares during the period. Charles Schwab Investment Management Inc. grew its position in Norwegian Cruise Line by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company's stock worth $91,285,000 after acquiring an additional 47,507 shares during the last quarter. Finally, Park Avenue Securities LLC purchased a new position in Norwegian Cruise Line in the 4th quarter worth approximately $416,000. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Down 1.2 %

Norwegian Cruise Line stock traded down $0.22 during trading on Friday, reaching $17.66. The stock had a trading volume of 9,760,592 shares, compared to its average volume of 12,683,163. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The business has a 50 day moving average price of $17.98 and a 200 day moving average price of $23.36. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The stock has a market cap of $7.89 billion, a PE ratio of 16.20, a P/E/G ratio of 0.24 and a beta of 2.09.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.02). The business had revenue of $2.13 billion for the quarter, compared to analysts' expectations of $2.15 billion. Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The company's revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.16 earnings per share. On average, analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on NCLH. Morgan Stanley lowered their price objective on shares of Norwegian Cruise Line from $21.00 to $20.00 and set an "equal weight" rating for the company in a research note on Tuesday, May 6th. Susquehanna lowered their price target on Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating for the company in a research report on Thursday, May 1st. BNP Paribas assumed coverage on Norwegian Cruise Line in a research report on Thursday, March 27th. They issued a "neutral" rating and a $21.00 price objective on the stock. Wells Fargo & Company upped their target price on Norwegian Cruise Line from $27.00 to $28.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Finally, Citigroup lifted their price target on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the company a "buy" rating in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Norwegian Cruise Line has an average rating of "Moderate Buy" and a consensus target price of $26.05.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.