Emerald Mutual Fund Advisers Trust Makes New $211,000 Investment in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Emerald Mutual Fund Advisers Trust purchased a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,143 shares of the company's stock, valued at approximately $211,000.

Several other large investors have also recently made changes to their positions in the stock. United Capital Financial Advisors LLC raised its position in shares of Norwegian Cruise Line by 3.7% in the 4th quarter. United Capital Financial Advisors LLC now owns 13,928 shares of the company's stock worth $358,000 after acquiring an additional 498 shares in the last quarter. Scotia Capital Inc. increased its position in Norwegian Cruise Line by 0.5% during the 4th quarter. Scotia Capital Inc. now owns 113,778 shares of the company's stock valued at $2,928,000 after buying an additional 540 shares in the last quarter. Quadrant Capital Group LLC increased its position in Norwegian Cruise Line by 35.0% during the 4th quarter. Quadrant Capital Group LLC now owns 2,524 shares of the company's stock valued at $65,000 after buying an additional 654 shares in the last quarter. Allworth Financial LP increased its position in Norwegian Cruise Line by 19.1% during the 1st quarter. Allworth Financial LP now owns 4,690 shares of the company's stock valued at $89,000 after buying an additional 753 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in Norwegian Cruise Line by 29.3% during the 4th quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company's stock valued at $86,000 after buying an additional 754 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Stock Performance

Shares of NCLH traded down $0.57 during mid-day trading on Friday, reaching $22.58. The company had a trading volume of 10,937,862 shares, compared to its average volume of 12,973,189. 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 quick ratio of 0.16, a current ratio of 0.19 and a debt-to-equity ratio of 9.09. The stock has a market capitalization of $10.09 billion, a P/E ratio of 13.05, a PEG ratio of 0.39 and a beta of 2.13. The stock has a 50 day moving average of $19.12 and a two-hundred day moving average of $21.16.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its 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 66.78% and a net margin of 9.05%. The company had revenue of $2.13 billion during the quarter, compared to analysts' expectations of $2.15 billion. During the same quarter in the previous year, the company earned $0.16 EPS. The firm's quarterly revenue was down 2.9% compared to the same quarter last year. On average, analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on NCLH shares. Macquarie reduced their target price on 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. Barclays upped their target price on Norwegian Cruise Line from $22.00 to $25.00 and gave the company an "overweight" rating in a research report on Wednesday. The Goldman Sachs Group reduced their target price on Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. Morgan Stanley reduced their target price on Norwegian Cruise Line from $21.00 to $20.00 and set an "equal weight" rating on the stock in a research report on Tuesday, May 6th. Finally, Loop Capital reduced their target price on Norwegian Cruise Line from $25.00 to $24.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $25.16.

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.