Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Acquired by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC raised its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 468.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 583,396 shares of the company's stock after buying an additional 480,816 shares during the quarter. Worldquant Millennium Advisors LLC owned about 0.13% of Norwegian Cruise Line worth $15,011,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of NCLH. Capital International Investors increased its holdings in shares of 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 acquiring an additional 5,557,951 shares in the last quarter. Vanguard Group Inc. increased its holdings in Norwegian Cruise Line by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 53,307,282 shares of the company's stock worth $1,371,596,000 after buying an additional 277,360 shares during the period. Geode Capital Management LLC increased its holdings in Norwegian Cruise Line by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 10,793,268 shares of the company's stock worth $277,399,000 after buying an additional 270,434 shares during the period. Two Sigma Advisers LP increased its holdings in Norwegian Cruise Line by 99.0% in the 4th quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company's stock worth $197,843,000 after buying an additional 3,824,600 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in Norwegian Cruise Line by 113.1% in the 4th quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company's stock worth $143,502,000 after buying an additional 2,959,631 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on NCLH. Tigress Financial reiterated a "strong-buy" rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. Melius Research upgraded shares of Norwegian Cruise Line to a "strong-buy" rating in a report on Monday, April 21st. JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price target on the stock in a report on Monday, March 17th. Northcoast Research began coverage on shares of Norwegian Cruise Line in a report on Friday, April 25th. They issued a "buy" rating and a $21.00 price target on the stock. Finally, Bank of America cut their price target on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating on the stock in a report on Friday, March 7th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Norwegian Cruise Line has a consensus rating of "Moderate Buy" and an average price target of $25.63.

Norwegian Cruise Line Trading Up 5.3%

Shares of NYSE:NCLH traded up $0.91 during midday trading on Tuesday, reaching $18.23. 6,073,510 shares of the company's stock were exchanged, compared to its average volume of 13,568,246. The firm's 50 day simple moving average is $17.75 and its two-hundred day simple moving average is $22.84. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The stock has a market cap of $8.15 billion, a price-to-earnings ratio of 16.73, a P/E/G ratio of 0.24 and a beta of 2.09. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29.

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 for the quarter, missing the consensus estimate of $0.09 by ($0.02). The firm 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%. The business's revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.16 earnings per share. As a group, sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal 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.