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GTS Securities LLC Has $203,000 Stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Norwegian Cruise Line logo with Consumer Discretionary background

GTS Securities LLC lessened its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 97.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,898 shares of the company's stock after selling 280,471 shares during the period. GTS Securities LLC's holdings in Norwegian Cruise Line were worth $203,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

NCLH has been the subject of several analyst reports. Bank of America decreased 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. Wall Street Zen downgraded Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research note on Saturday, May 3rd. Northcoast Research assumed coverage on Norwegian Cruise Line in a research report on Friday, April 25th. They set a "buy" rating and a $21.00 price objective on the stock. Wells Fargo & Company boosted their target price on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an "equal weight" rating in a research report on Friday, February 28th. Finally, BNP Paribas assumed coverage on shares of Norwegian Cruise Line in a research note on Thursday, March 27th. They issued a "neutral" rating and a $21.00 price target on the stock. One equities research 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 company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $25.63.

Read Our Latest Analysis on Norwegian Cruise Line

Norwegian Cruise Line Price Performance

NYSE:NCLH traded up $0.02 during trading hours on Monday, hitting $17.67. The company's stock had a trading volume of 9,813,517 shares, compared to its average volume of 12,530,928. The stock has a fifty day simple moving average of $17.53 and a 200-day simple moving average of $22.57. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The company has a market capitalization of $7.89 billion, a P/E ratio of 16.21, a PEG ratio of 0.24 and a beta of 2.09. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings data 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). Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The business had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter last year, the business earned $0.16 EPS. The firm's quarterly revenue was down 2.9% compared to the same quarter last year. On average, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

About Norwegian Cruise Line

(Free Report)

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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Institutional Ownership by Quarter for Norwegian Cruise Line (NYSE:NCLH)

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