Focus Partners Advisor Solutions LLC Purchases New Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Focus Partners Advisor Solutions LLC bought a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 25,143 shares of the company's stock, valued at approximately $647,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital International Investors increased its stake in Norwegian Cruise Line by 11.2% during the fourth quarter. Capital International Investors now owns 55,194,672 shares of the company's stock valued at $1,420,159,000 after purchasing an additional 5,557,951 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Norwegian Cruise Line by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 53,307,282 shares of the company's stock worth $1,371,596,000 after acquiring an additional 277,360 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Norwegian Cruise Line by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 10,793,268 shares of the company's stock worth $277,399,000 after acquiring an additional 270,434 shares during the last quarter. Two Sigma Advisers LP boosted 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 acquiring an additional 3,824,600 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in shares of Norwegian Cruise Line by 113.1% during the fourth quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company's stock valued at $143,502,000 after purchasing an additional 2,959,631 shares during the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Wall Street Zen lowered Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research report on Saturday, May 3rd. Jefferies Financial Group assumed coverage on shares of Norwegian Cruise Line in a research report on Monday, March 31st. They set a "buy" rating and a $25.00 price target for the company. BNP Paribas initiated coverage on shares of Norwegian Cruise Line in a research report on Thursday, March 27th. They issued a "neutral" rating and a $21.00 price objective 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 for the company in a research note on Friday, March 7th. Finally, Barclays dropped their price target on shares of Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and a consensus price target of $25.63.

Norwegian Cruise Line Trading Down 3.0%

Shares of NCLH stock traded down $0.55 during trading hours on Wednesday, reaching $17.54. 10,835,141 shares of the stock traded hands, compared to its average volume of 12,565,230. 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 firm has a market capitalization of $7.84 billion, a PE ratio of 16.09, a PEG ratio of 0.24 and a beta of 2.09. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. The business has a fifty day moving average price of $17.71 and a 200 day moving average price of $22.80.

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

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.