Ariel Investments LLC Sells 1,315,769 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Ariel Investments LLC trimmed its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 24.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,003,639 shares of the company's stock after selling 1,315,769 shares during the quarter. Ariel Investments LLC owned 0.91% of Norwegian Cruise Line worth $103,014,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in NCLH. Mercer Global Advisors Inc. ADV grew its stake in shares of Norwegian Cruise Line by 8.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 29,758 shares of the company's stock worth $766,000 after purchasing an additional 2,426 shares during the last quarter. Utah Retirement Systems lifted its holdings in Norwegian Cruise Line by 3.1% during the 4th quarter. Utah Retirement Systems now owns 72,750 shares of the company's stock worth $1,872,000 after buying an additional 2,200 shares during the period. PDT Partners LLC bought a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at about $986,000. AQR Capital Management LLC increased its stake in shares of Norwegian Cruise Line by 10.5% in the fourth quarter. AQR Capital Management LLC now owns 218,631 shares of the company's stock valued at $5,625,000 after buying an additional 20,745 shares during the period. Finally, Candlestick Capital Management LP bought a new position in shares of Norwegian Cruise Line during the fourth quarter worth about $44,650,000. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Stock Up 0.1 %

Shares of Norwegian Cruise Line stock traded up $0.01 on Monday, hitting $17.38. The company had a trading volume of 17,874,786 shares, compared to its average volume of 12,762,618. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. The stock has a 50 day moving average of $18.37 and a 200-day moving average of $23.53. The stock has a market capitalization of $7.71 billion, a price-to-earnings ratio of 15.95, a P/E/G ratio of 0.24 and a beta of 2.09.

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

Wall Street Analyst Weigh In

Several brokerages recently commented on NCLH. Jefferies Financial Group assumed coverage on Norwegian Cruise Line in a report on Monday, March 31st. They issued a "buy" rating and a $25.00 target price on the stock. Tigress Financial reiterated a "strong-buy" rating and set a $36.00 price objective on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Macquarie lifted their target price on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an "outperform" rating in a research note on Thursday, March 6th. Susquehanna cut their price target on shares of Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating on the stock in a research report on Thursday. Finally, Citigroup lifted their price objective on Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a "buy" rating in a research report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $26.32.

About Norwegian Cruise Line

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.