Deutsche Bank AG Grows Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Deutsche Bank AG increased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 12.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,109,715 shares of the company's stock after acquiring an additional 228,317 shares during the quarter. Deutsche Bank AG owned about 0.48% of Norwegian Cruise Line worth $40,000,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NCLH. Capital International Investors lifted its position in Norwegian Cruise Line by 11.2% in the fourth quarter. Capital International Investors now owns 55,194,672 shares of the company's stock worth $1,420,159,000 after buying an additional 5,557,951 shares during the last quarter. Two Sigma Advisers LP grew its stake in Norwegian Cruise Line by 99.0% in the fourth quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company's stock valued at $197,843,000 after purchasing an additional 3,824,600 shares during the last quarter. Voloridge Investment Management LLC boosted its holdings in Norwegian Cruise Line by 3,403.3% in the fourth quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company's stock worth $86,828,000 after acquiring an additional 3,278,249 shares in the last quarter. Candlestick Capital Management LP acquired a new stake in Norwegian Cruise Line in the fourth quarter worth about $44,650,000. Finally, Benchstone Capital Management LP acquired a new stake in Norwegian Cruise Line in the fourth quarter worth about $42,138,000. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Trading Down 0.3%

NCLH traded down $0.08 during mid-day trading on Friday, hitting $24.28. 9,340,193 shares of the stock were exchanged, compared to its average volume of 14,837,638. The firm's fifty day moving average is $22.04 and its two-hundred day moving average is $20.77. 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 market cap of $10.97 billion, a PE ratio of 16.74, a PEG ratio of 1.11 and a beta of 2.24. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). The company had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. Norwegian Cruise Line's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.40 EPS. Equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently commented on NCLH. Citigroup lifted their target price on Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a "buy" rating in a report on Wednesday, July 16th. Bank of America boosted their price target on Norwegian Cruise Line from $20.00 to $27.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Macquarie decreased their price target on Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Stifel Nicolaus boosted their price target on Norwegian Cruise Line from $26.00 to $35.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, Susquehanna boosted their price target on Norwegian Cruise Line from $18.00 to $25.00 and gave the company a "neutral" rating in a report on Friday, August 1st. Nine research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $27.20.

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.