Beck Bode LLC Makes New Investment in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Beck Bode LLC acquired a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 33,833 shares of the company's stock, valued at approximately $871,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hopwood Financial Services Inc. acquired a new stake in shares of Norwegian Cruise Line during the 4th quarter valued at about $26,000. Kestra Investment Management LLC purchased a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $27,000. Stonebridge Financial Group LLC acquired a new position in shares of Norwegian Cruise Line during the 4th quarter worth approximately $27,000. Rakuten Securities Inc. lifted its position 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 buying an additional 739 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at $31,000. Institutional investors and hedge funds own 69.58% of the company's stock.

Analysts Set New Price Targets

NCLH has been the topic of several recent analyst reports. Morgan Stanley decreased their price objective on shares of Norwegian Cruise Line from $21.00 to $20.00 and set an "equal weight" rating on the stock in a report on Tuesday. JPMorgan Chase & Co. upgraded Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price objective on the stock in a report on Monday, March 17th. 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. Barclays reduced their target price on shares of Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Finally, The Goldman Sachs Group dropped their price objective on shares of Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating for the company in a research note on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $26.26.

Norwegian Cruise Line Stock Down 0.6 %

Norwegian Cruise Line stock traded down $0.10 during trading on Tuesday, reaching $17.27. The stock had a trading volume of 10,616,529 shares, compared to its average volume of 12,728,295. 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 $18.24 and a 200 day moving average price of $23.49. 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 $7.66 billion, a PE ratio of 15.85, a P/E/G ratio of 0.24 and a beta of 2.09.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly 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). The business had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.15 billion. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The business's revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the company earned $0.16 earnings per share. On average, analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Norwegian Cruise Line 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.