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

Focus Partners Advisor Solutions LLC acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 25,143 shares of the company's stock, valued at approximately $647,000.

Other institutional investors have also recently made changes to their positions in the company. Hopwood Financial Services Inc. acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $26,000. Stonebridge Financial Group LLC acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $27,000. Kestra Investment Management LLC acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $27,000. Rakuten Securities Inc. grew its holdings in Norwegian Cruise Line by 176.0% during the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after acquiring an additional 739 shares in the last quarter. Finally, R Squared Ltd acquired a new position in shares of Norwegian Cruise Line in the 4th quarter valued at $31,000. Institutional investors and hedge funds own 69.58% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Wall Street Zen downgraded shares of Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research report on Saturday, May 3rd. JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price target for the company in a research report on Monday, March 17th. Morgan Stanley reduced their price target on shares of Norwegian Cruise Line from $21.00 to $20.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 6th. Macquarie reduced their price target on shares of Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating for the company in a research report on Friday, May 9th. Finally, 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. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $25.63.

Norwegian Cruise Line Price Performance

Shares of NCLH traded down $0.01 during trading hours on Thursday, reaching $17.54. The company had a trading volume of 4,583,987 shares, compared to its average volume of 12,504,462. The firm has a 50 day simple moving average of $17.65 and a 200-day simple moving average of $22.77. 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 has a market capitalization of $7.83 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 0.24 and a beta of 2.09. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly 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 company 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%. The business's revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.16 EPS. Research analysts expect 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.