CHICAGO TRUST Co NA Acquires New Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

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

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Yousif Capital Management LLC raised its position in Norwegian Cruise Line by 0.9% in the fourth quarter. Yousif Capital Management LLC now owns 97,406 shares of the company's stock worth $2,506,000 after acquiring an additional 874 shares during the period. Stratos Wealth Partners LTD. raised its position in Norwegian Cruise Line by 12.1% in the fourth quarter. Stratos Wealth Partners LTD. now owns 12,082 shares of the company's stock worth $311,000 after acquiring an additional 1,300 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in Norwegian Cruise Line by 34.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 43,319 shares of the company's stock worth $1,115,000 after acquiring an additional 11,044 shares during the period. Choreo LLC raised its position in Norwegian Cruise Line by 47.9% in the fourth quarter. Choreo LLC now owns 16,821 shares of the company's stock worth $433,000 after acquiring an additional 5,444 shares during the period. Finally, Bleakley Financial Group LLC bought a new position in Norwegian Cruise Line in the fourth quarter worth approximately $264,000. Institutional investors own 69.58% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price target on the stock in a research report on Monday, March 17th. Tigress Financial restated a "strong-buy" rating and set a $36.00 price objective on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Susquehanna decreased their price objective on shares of Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating on the stock in a research report on Thursday, May 1st. Bank of America reduced their price target 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, Loop Capital reduced their price target on shares of Norwegian Cruise Line from $25.00 to $24.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $25.16.

Norwegian Cruise Line Trading Down 5.1%

Shares of NCLH stock traded down $0.96 during trading hours on Friday, reaching $17.76. 17,254,660 shares of the stock were exchanged, compared to its average volume of 12,694,818. 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 current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The company's 50-day moving average price is $17.66 and its 200-day moving average price is $22.15. The firm has a market capitalization of $7.93 billion, a price-to-earnings ratio of 16.29, a price-to-earnings-growth ratio of 0.24 and a beta of 2.12.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.02). Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The firm had revenue of $2.13 billion for the quarter, compared to analysts' expectations of $2.15 billion. During the same period in the prior year, the firm posted $0.16 earnings per share. Norwegian Cruise Line's revenue for the quarter was down 2.9% on a year-over-year basis. As a group, equities analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current 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.