Banco Bilbao Vizcaya Argentaria S.A. Sells 63,609 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Banco Bilbao Vizcaya Argentaria S.A. cut its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 60.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,991 shares of the company's stock after selling 63,609 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Norwegian Cruise Line were worth $1,056,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hopwood Financial Services Inc. purchased a new stake in shares of Norwegian Cruise Line in the fourth quarter worth approximately $26,000. Stonebridge Financial Group LLC acquired a new stake in Norwegian Cruise Line during the fourth quarter valued at $27,000. Kestra Investment Management LLC bought a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at approximately $27,000. Rakuten Securities Inc. raised its holdings in shares of Norwegian Cruise Line by 176.0% during the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock valued at $30,000 after purchasing an additional 739 shares in the last quarter. Finally, R Squared Ltd bought a new stake in Norwegian Cruise Line in the fourth quarter worth $31,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Price Performance

Shares of NCLH stock traded up $0.21 during trading hours on Thursday, hitting $16.24. The company had a trading volume of 19,838,220 shares, compared to its average volume of 12,914,515. 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 firm has a market capitalization of $7.14 billion, a price-to-earnings ratio of 14.89, a PEG ratio of 0.24 and a beta of 2.27. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. The firm's fifty day moving average is $18.84 and its 200 day moving average is $23.68.

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 analysts' consensus estimates of $0.09 by ($0.02). Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same period in the previous year, the business posted $0.16 earnings per share. The firm's revenue was down 2.9% compared to the same quarter last year. On average, sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

NCLH has been the subject of a number of analyst reports. Jefferies Financial Group started coverage on Norwegian Cruise Line in a research report on Monday, March 31st. They issued a "buy" rating and a $25.00 price target for the company. Melius Research raised shares of Norwegian Cruise Line to a "strong-buy" rating in a research report on Monday, April 21st. JPMorgan Chase & Co. raised shares of Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price objective for the company in a report on Monday, March 17th. Susquehanna cut their target price on shares of Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating for the company in a research report on Thursday. Finally, Northcoast Research started coverage on Norwegian Cruise Line in a research note on Friday, April 25th. They issued a "buy" rating and a $21.00 price objective on the stock. Eight equities research analysts have rated the stock with 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.com, the company presently has an average rating of "Moderate Buy" and a consensus target price 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.