Harbor Capital Advisors Inc. Purchases 103,823 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Harbor Capital Advisors Inc. grew its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 47.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 324,444 shares of the company's stock after buying an additional 103,823 shares during the quarter. Harbor Capital Advisors Inc. owned 0.07% of Norwegian Cruise Line worth $6,151,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in NCLH. Hopwood Financial Services Inc. acquired a new position in shares of Norwegian Cruise Line during the fourth quarter worth $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 bought a new position in Norwegian Cruise Line in the 4th quarter valued at 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 during the last quarter. Finally, Venturi Wealth Management LLC raised its stake in shares of Norwegian Cruise Line by 238.5% during the fourth quarter. Venturi Wealth Management LLC now owns 1,249 shares of the company's stock valued at $32,000 after acquiring an additional 880 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Tigress Financial reaffirmed a "strong-buy" rating and set a $36.00 target price on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. Barclays dropped their target price on shares of Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Truist Financial cut their target price on Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating on the stock in a research report on Monday, May 19th. Susquehanna cut their price target on Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating on the stock in a report on Thursday, May 1st. Finally, Stifel Nicolaus reduced their price target on shares of Norwegian Cruise Line from $30.00 to $26.00 and set a "buy" rating for the company in a report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $25.16.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock traded down $0.49 during trading on Thursday, reaching $18.59. 4,714,951 shares of the company's stock traded hands, compared to its average volume of 12,638,931. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The company has a market capitalization of $8.31 billion, a P/E ratio of 17.06, a PEG ratio of 0.24 and a beta of 2.12. 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 firm's 50-day moving average is $17.59 and its 200 day moving average is $22.21.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate 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 99.31% and a net margin of 5.87%. The company's revenue for the quarter was down 2.9% on a year-over-year basis. During the same period last year, the firm earned $0.16 EPS. Equities research analysts expect 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.