24,424 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Purchased by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 24,424 shares of the company's stock, valued at approximately $463,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Range Financial Group LLC raised its position in Norwegian Cruise Line by 2.9% in the first quarter. Range Financial Group LLC now owns 142,332 shares of the company's stock valued at $2,699,000 after purchasing an additional 4,003 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Norwegian Cruise Line by 44.9% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 22,307 shares of the company's stock worth $423,000 after buying an additional 6,912 shares during the period. NBC Securities Inc. grew its stake in shares of Norwegian Cruise Line by 73,846.7% in the first quarter. NBC Securities Inc. now owns 33,276 shares of the company's stock valued at $630,000 after buying an additional 33,231 shares in the last quarter. Czech National Bank raised its holdings in shares of Norwegian Cruise Line by 5.9% in the 1st quarter. Czech National Bank now owns 100,994 shares of the company's stock valued at $1,915,000 after buying an additional 5,656 shares during the period. Finally, Rhumbline Advisers lifted its stake in Norwegian Cruise Line by 16.8% during the 1st quarter. Rhumbline Advisers now owns 891,128 shares of the company's stock worth $16,896,000 after acquiring an additional 128,084 shares in the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Up 0.8%

Norwegian Cruise Line stock traded up $0.16 during mid-day trading on Tuesday, hitting $19.75. The company had a trading volume of 12,521,155 shares, compared to its average volume of 12,617,351. The business has a fifty day moving average of $17.45 and a 200 day moving average of $22.25. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. 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 stock has a market cap of $8.82 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 0.24 and a beta of 2.12.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $2.13 billion during the quarter, compared to analysts' expectations of $2.15 billion. During the same quarter in the prior year, the firm posted $0.16 EPS. Norwegian Cruise Line's quarterly revenue was down 2.9% compared to the same quarter last year. On average, sell-side analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NCLH has been the subject of several research reports. Macquarie dropped their target price on Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating for the company in a research report on Friday, May 9th. Tigress Financial restated a "strong-buy" rating and issued a $36.00 price objective on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. BNP Paribas initiated coverage on shares of Norwegian Cruise Line in a research note on Thursday, March 27th. They set a "neutral" rating and a $21.00 target price on the stock. Bank of America reduced their target price on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating on the stock in a report on Friday, March 7th. Finally, Jefferies Financial Group started coverage on shares of Norwegian Cruise Line in a research note on Monday, March 31st. They issued a "buy" rating and a $25.00 price target for the company. 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 issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $25.16.

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.