Boothbay Fund Management LLC Purchases 21,679 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Boothbay Fund Management LLC raised its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 1,213.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,465 shares of the company's stock after purchasing an additional 21,679 shares during the period. Boothbay Fund Management LLC's holdings in Norwegian Cruise Line were worth $604,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in NCLH. United Capital Financial Advisors LLC increased its position in Norwegian Cruise Line by 3.7% during the 4th quarter. United Capital Financial Advisors LLC now owns 13,928 shares of the company's stock valued at $358,000 after buying an additional 498 shares in the last quarter. Scotia Capital Inc. increased its holdings in shares of Norwegian Cruise Line by 0.5% during the fourth quarter. Scotia Capital Inc. now owns 113,778 shares of the company's stock valued at $2,928,000 after acquiring an additional 540 shares in the last quarter. Quadrant Capital Group LLC raised its position in shares of Norwegian Cruise Line by 35.0% in the 4th quarter. Quadrant Capital Group LLC now owns 2,524 shares of the company's stock worth $65,000 after purchasing an additional 654 shares during the last quarter. Rakuten Securities Inc. raised its position in shares of Norwegian Cruise Line by 176.0% in the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after purchasing an additional 739 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Norwegian Cruise Line by 29.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company's stock worth $86,000 after purchasing an additional 754 shares in the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on NCLH shares. Barclays decreased 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 report on Tuesday, April 22nd. BNP Paribas began 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. StockNews.com lowered Norwegian Cruise Line from a "hold" rating to a "sell" rating in a report on Saturday. Morgan Stanley lowered their price target on Norwegian Cruise Line from $22.00 to $21.00 and set an "equal weight" rating on the stock in a report on Thursday, April 10th. Finally, JPMorgan Chase & Co. upgraded 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. 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $26.32.

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH traded up $0.11 during mid-day trading on Monday, reaching $17.48. The company's stock had a trading volume of 11,060,943 shares, compared to its average volume of 12,737,383. The stock has a fifty day moving average of $18.52 and a two-hundred day moving average of $23.58. The firm has a market capitalization of $7.75 billion, a PE ratio of 15.99, a P/E/G ratio of 0.24 and a beta of 2.09. 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.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.07 EPS for the quarter, missing the consensus estimate 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 return on equity of 99.31% and a net margin of 5.87%. Norwegian Cruise Line's quarterly revenue was down 2.9% compared to the same quarter last year. During the same period last year, the firm posted $0.16 EPS. As a group, sell-side analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

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.