Integrated Advisors Network LLC Takes $717,000 Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Integrated Advisors Network LLC bought a new stake 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 SEC. The fund bought 27,852 shares of the company's stock, valued at approximately $717,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hopwood Financial Services Inc. bought a new position in Norwegian Cruise Line during the 4th quarter worth approximately $26,000. Stonebridge Financial Group LLC acquired a new stake in Norwegian Cruise Line in the fourth quarter worth $27,000. Kestra Investment Management LLC bought a new position in shares of Norwegian Cruise Line during the fourth quarter worth $27,000. Rakuten Securities Inc. grew its holdings 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 valued at $30,000 after buying an additional 739 shares during the period. Finally, R Squared Ltd bought a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at $31,000. Institutional investors own 69.58% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Barclays lowered their target price on Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Truist Financial reduced their price target on shares of Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating for the company in a report on Monday, May 19th. Citigroup increased their price objective on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a "buy" rating in a research report on Friday, February 28th. Loop Capital cut their price objective on shares of Norwegian Cruise Line from $25.00 to $24.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Finally, Morgan Stanley reduced their target price on shares of Norwegian Cruise Line from $21.00 to $20.00 and set an "equal weight" rating for the company in a research note on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned 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, the stock has an average rating of "Moderate Buy" and a consensus target price of $25.63.

Norwegian Cruise Line Stock Up 0.3%

Shares of NYSE:NCLH traded up $0.06 during midday trading on Thursday, reaching $17.60. The company had a trading volume of 9,192,766 shares, compared to its average volume of 12,522,969. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. The stock has a market cap of $7.86 billion, a PE ratio of 16.14, a P/E/G ratio of 0.24 and a beta of 2.09. 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 business's 50 day moving average price is $17.59 and its 200 day moving average price is $22.70.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share 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 during the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter in the prior year, the business earned $0.16 earnings per share. The firm's revenue for the quarter was down 2.9% compared to the same quarter last year. Research analysts forecast 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.