AXA S.A. decreased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 20.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,174 shares of the company's stock after selling 33,204 shares during the quarter. AXA S.A.'s holdings in Norwegian Cruise Line were worth $3,246,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV increased its holdings in Norwegian Cruise Line by 8.9% during the 4th 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 grew its position in shares of Norwegian Cruise Line by 3.1% during the fourth 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 in the last quarter. PDT Partners LLC bought a new stake in shares of Norwegian Cruise Line in the fourth quarter worth $986,000. AQR Capital Management LLC raised its holdings in 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 acquiring an additional 20,745 shares in the last quarter. Finally, Candlestick Capital Management LP bought a new position in Norwegian Cruise Line during the 4th quarter valued at $44,650,000. Hedge funds and other institutional investors own 69.58% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on NCLH. Northcoast Research began coverage on shares of Norwegian Cruise Line in a research note on Friday, April 25th. They issued a "buy" rating and a $21.00 target price on the stock. Susquehanna cut their price objective on Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating on the stock in a research note on Thursday, May 1st. Wells Fargo & Company lifted their target price on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. StockNews.com lowered Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research report on Saturday, May 3rd. Finally, The Goldman Sachs Group reduced their price objective on Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $26.05.
Get Our Latest Report on NCLH
Norwegian Cruise Line Price Performance
Shares of Norwegian Cruise Line stock traded up $0.12 on Tuesday, hitting $19.27. The company had a trading volume of 7,010,521 shares, compared to its average volume of 12,705,688. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The company has a market cap of $8.61 billion, a PE ratio of 17.68, a PEG ratio of 0.24 and a beta of 2.09. The business has a 50-day simple moving average of $17.94 and a 200-day simple moving average of $23.34.
Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by ($0.02). Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same period last year, the firm earned $0.16 earnings per share. The firm's revenue for the quarter was down 2.9% on a year-over-year basis. Research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.
Norwegian Cruise Line Company Profile
(
Free Report)
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.
Read More
Before you consider Norwegian Cruise Line, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Norwegian Cruise Line wasn't on the list.
While Norwegian Cruise Line currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
