Cetera Investment Advisers Has $2.52 Million Stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Cetera Investment Advisers boosted its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 17.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,890 shares of the company's stock after purchasing an additional 14,454 shares during the period. Cetera Investment Advisers' holdings in Norwegian Cruise Line were worth $2,519,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Hopwood Financial Services Inc. purchased a new stake in Norwegian Cruise Line in the 4th quarter valued at about $26,000. Stonebridge Financial Group LLC acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter valued at about $27,000. Kestra Investment Management LLC purchased a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at approximately $27,000. Rakuten Securities Inc. lifted 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 worth $30,000 after acquiring an additional 739 shares during the last quarter. Finally, R Squared Ltd purchased a new position in shares of Norwegian Cruise Line during the 4th quarter worth approximately $31,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Down 5.0%

Shares of Norwegian Cruise Line stock traded down $0.91 during trading hours on Wednesday, hitting $17.26. The company had a trading volume of 14,984,849 shares, compared to its average volume of 12,606,825. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The company's 50-day moving average is $17.92 and its two-hundred day moving average is $23.12. The company has a market cap of $7.71 billion, a P/E ratio of 15.84, a price-to-earnings-growth ratio of 0.24 and a beta of 2.09. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29.

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 for the quarter, missing analysts' consensus estimates 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 net margin of 5.87% and a return on equity of 99.31%. Norwegian Cruise Line's revenue was down 2.9% on a year-over-year basis. During the same period last year, the firm earned $0.16 earnings per share. Analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NCLH shares. BNP Paribas started coverage on Norwegian Cruise Line in a research note on Thursday, March 27th. They set a "neutral" rating and a $21.00 price target on the stock. Susquehanna lowered their target price on Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. Loop Capital dropped their target price on Norwegian Cruise Line from $25.00 to $24.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. StockNews.com cut shares of Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research report on Saturday, May 3rd. Finally, Citigroup lifted their price objective on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the company a "buy" rating in a report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Norwegian Cruise Line presently has an average rating of "Moderate Buy" and a consensus target price of $25.63.

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.