Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Holdings Reduced by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lessened its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 17.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,350 shares of the company's stock after selling 16,204 shares during the quarter. Nisa Investment Advisors LLC's holdings in Norwegian Cruise Line were worth $1,504,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Proficio Capital Partners LLC purchased a new position in shares of Norwegian Cruise Line during the fourth quarter worth approximately $2,072,000. Raymond James Financial Inc. acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $19,064,000. Wealthfront Advisers LLC grew its position in Norwegian Cruise Line by 21.8% in the 4th quarter. Wealthfront Advisers LLC now owns 13,900 shares of the company's stock valued at $358,000 after buying an additional 2,485 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Norwegian Cruise Line by 29.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company's stock valued at $86,000 after buying an additional 754 shares during the period. Finally, Swiss National Bank lifted its stake in shares of Norwegian Cruise Line by 3.3% in the 4th quarter. Swiss National Bank now owns 864,800 shares of the company's stock worth $22,251,000 after acquiring an additional 27,600 shares during the period. Institutional investors and hedge funds own 69.58% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on NCLH shares. The Goldman Sachs Group dropped their target price on Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. UBS Group lowered their target price on shares of Norwegian Cruise Line from $29.00 to $23.00 and set a "neutral" rating on the stock in a research report on Monday, June 30th. Argus reiterated a "hold" rating on shares of Norwegian Cruise Line in a research report on Wednesday, June 18th. Susquehanna reduced their target price on Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating on the stock in a research note on Thursday, May 1st. Finally, JPMorgan Chase & Co. raised 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. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $25.16.

Norwegian Cruise Line Trading Down 2.2%

Shares of Norwegian Cruise Line stock traded down $0.52 during trading hours on Tuesday, hitting $22.76. The company's stock had a trading volume of 14,654,174 shares, compared to its average volume of 12,982,022. The company has a quick ratio of 0.16, a current ratio of 0.19 and a debt-to-equity ratio of 9.09. The company has a market capitalization of $10.17 billion, a PE ratio of 13.15, a P/E/G ratio of 0.39 and a beta of 2.13. The business has a fifty day moving average of $19.24 and a 200 day moving average of $21.10. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.02). Norwegian Cruise Line had a return on equity of 66.78% and a net margin of 9.05%. The firm had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same period in the previous year, the firm posted $0.16 earnings per share. The company's revenue for the quarter was down 2.9% on a year-over-year basis. As a group, equities analysts forecast 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.