Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Acquired by Rhumbline Advisers

Rhumbline Advisers grew its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 16.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 891,128 shares of the company's stock after buying an additional 128,084 shares during the period. Rhumbline Advisers owned 0.20% of Norwegian Cruise Line worth $16,896,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. United Capital Financial Advisors LLC boosted its stake in Norwegian Cruise Line by 3.7% during the 4th quarter. United Capital Financial Advisors LLC now owns 13,928 shares of the company's stock worth $358,000 after purchasing an additional 498 shares during the period. Scotia Capital Inc. boosted its stake in Norwegian Cruise Line by 0.5% during the 4th quarter. Scotia Capital Inc. now owns 113,778 shares of the company's stock worth $2,928,000 after purchasing an additional 540 shares during the period. Quadrant Capital Group LLC boosted its stake 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 worth $65,000 after purchasing an additional 654 shares during the period. Rakuten Securities Inc. boosted its stake 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 purchasing an additional 739 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake 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 worth $86,000 after purchasing an additional 754 shares during the period. Institutional investors and hedge funds own 69.58% of the company's stock.

Analysts Set New Price Targets

NCLH has been the subject of a number of recent research reports. BNP Paribas initiated coverage on shares of Norwegian Cruise Line in a research note on Thursday, March 27th. They set a "neutral" rating and a $21.00 price target for the company. Jefferies Financial Group started 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 objective for the company. JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price objective for the company in a research report on Monday, March 17th. 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. Finally, The Goldman Sachs Group cut their price objective on shares of Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $25.16.

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH opened at $19.59 on Friday. The stock has a market cap of $8.75 billion, a price-to-earnings ratio of 17.97, a PEG ratio of 0.24 and a beta of 2.12. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. The company's 50-day moving average price is $17.45 and its 200 day moving average price is $22.33. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.07 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 analyst estimates 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 was down 2.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.16 earnings per share. As a group, research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal 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.

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