D. E. Shaw & Co. Inc. Purchases 642,380 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

D. E. Shaw & Co. Inc. boosted its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 16.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,491,644 shares of the company's stock after buying an additional 642,380 shares during the period. D. E. Shaw & Co. Inc. owned approximately 1.02% of Norwegian Cruise Line worth $115,570,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Capital International Investors increased its holdings in Norwegian Cruise Line by 11.2% during the 4th quarter. Capital International Investors now owns 55,194,672 shares of the company's stock worth $1,420,159,000 after purchasing an additional 5,557,951 shares in the last quarter. Norges Bank bought a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $113,156,000. Renaissance Technologies LLC boosted its stake in shares of Norwegian Cruise Line by 113.1% in the 4th quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company's stock worth $143,502,000 after buying an additional 2,959,631 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Norwegian Cruise Line by 2,064.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,214,989 shares of the company's stock worth $56,992,000 after buying an additional 2,112,667 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Norwegian Cruise Line in the 4th quarter worth approximately $52,660,000. 69.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on NCLH shares. 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 target price on the stock. BNP Paribas started coverage on Norwegian Cruise Line in a research note on Thursday, March 27th. They issued a "neutral" rating and a $21.00 target price on the stock. Melius Research upgraded Norwegian Cruise Line to a "strong-buy" rating in a research note on Monday, April 21st. Loop Capital cut their target price on Norwegian Cruise Line from $25.00 to $24.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Finally, Macquarie cut their target price on Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating on the stock in a research note on Friday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $26.05.

Norwegian Cruise Line Stock Performance

Shares of NYSE:NCLH traded up $1.46 during trading on Monday, hitting $19.16. 22,929,654 shares of the company were exchanged, compared to its average volume of 12,724,208. The company has a market cap of $8.56 billion, a PE ratio of 17.57, a P/E/G ratio of 0.24 and a beta of 2.09. The stock has a 50 day moving average of $17.98 and a 200 day moving average of $23.36. 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 posted its earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.02). The company had revenue of $2.13 billion for 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%. The company's revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.16 EPS. As a group, equities research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current 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.