73,845 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Acquired by Centiva Capital LP

Centiva Capital LP bought a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 73,845 shares of the company's stock, valued at approximately $1,900,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NCLH. Hopwood Financial Services Inc. acquired a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $26,000. Kestra Investment Management LLC purchased a new stake in shares of Norwegian Cruise Line during the fourth quarter worth approximately $27,000. Stonebridge Financial Group LLC acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $27,000. Rakuten Securities Inc. grew its position in Norwegian Cruise Line by 176.0% in 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 during the last quarter. Finally, R Squared Ltd acquired a new position in Norwegian Cruise Line in the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 69.58% of the company's stock.

Analyst Upgrades and Downgrades

NCLH has been the subject of several recent analyst reports. Wells Fargo & Company raised their target price on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an "equal weight" rating in a research note on Friday, February 28th. JPMorgan Chase & Co. raised 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. Stifel Nicolaus cut their target price on Norwegian Cruise Line from $30.00 to $26.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Barclays reduced their price target on Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Finally, Northcoast Research assumed coverage on Norwegian Cruise Line in a report on Friday, April 25th. They set a "buy" rating and a $21.00 price objective on the stock. 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 given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $26.05.

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock traded down $0.22 during mid-day trading on Friday, hitting $17.66. 9,760,592 shares of the company were exchanged, compared to its average volume of 12,683,163. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The company has a market capitalization of $7.89 billion, a P/E ratio of 16.20, a PEG ratio of 0.24 and a beta of 2.09. The business's 50 day simple moving average is $17.98 and its two-hundred day simple moving average is $23.36. 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 announced its earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.15 billion. During the same period in the previous year, the firm posted $0.16 EPS. The company's revenue for the quarter was down 2.9% compared to the same quarter last year. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Norwegian Cruise Line Company 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.