Emerald Advisers LLC Buys 45,569 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Emerald Advisers LLC increased its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 251.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,670 shares of the company's stock after buying an additional 45,569 shares during the quarter. Emerald Advisers LLC's holdings in Norwegian Cruise Line were worth $1,207,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Capital International Investors lifted its holdings in shares of Norwegian Cruise Line by 11.2% during the 4th quarter. Capital International Investors now owns 55,194,672 shares of the company's stock worth $1,420,159,000 after acquiring an additional 5,557,951 shares during the period. Vanguard Group Inc. lifted its stake in Norwegian Cruise Line by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 53,307,282 shares of the company's stock worth $1,371,596,000 after purchasing an additional 277,360 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Norwegian Cruise Line by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 10,793,268 shares of the company's stock valued at $277,399,000 after purchasing an additional 270,434 shares in the last quarter. Two Sigma Advisers LP increased its stake in shares of Norwegian Cruise Line by 99.0% in the 4th 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. Finally, Renaissance Technologies LLC raised its holdings in shares of Norwegian Cruise Line by 113.1% during the 4th quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company's stock worth $143,502,000 after buying an additional 2,959,631 shares in the last quarter. Institutional investors own 69.58% of the company's stock.

Analyst Ratings Changes

NCLH has been the topic of several research analyst reports. Jefferies Financial Group raised their price objective on Norwegian Cruise Line from $24.00 to $29.00 and gave the company a "buy" rating in a research note on Monday, July 7th. JPMorgan Chase & Co. raised 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 report on Monday, March 17th. Susquehanna lowered their price objective on shares of Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating for the company in a research report on Thursday, May 1st. Macquarie cut their target price on shares of Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating on the stock in a research report on Friday, May 9th. Finally, Wall Street Zen cut shares of Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research note on Saturday, May 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Norwegian Cruise Line presently has a consensus rating of "Moderate Buy" and an average target price of $25.16.

Norwegian Cruise Line Stock Down 2.5%

Shares of NYSE NCLH opened at $22.58 on Monday. The company's 50 day moving average price is $19.12 and its 200-day moving average price is $21.12. The company has a debt-to-equity ratio of 9.09, a quick ratio of 0.16 and a current ratio of 0.19. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The company has a market capitalization of $10.09 billion, a P/E ratio of 13.05, a price-to-earnings-growth ratio of 0.39 and a beta of 2.13.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its 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 firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.15 billion. Norwegian Cruise Line had a return on equity of 66.78% and a net margin of 9.05%. Norwegian Cruise Line's quarterly revenue was down 2.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.16 EPS. Equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Norwegian Cruise Line 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.

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