TD Asset Management Inc Has $1.47 Million Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

TD Asset Management Inc cut its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 63.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,733 shares of the company's stock after selling 132,667 shares during the period. TD Asset Management Inc's holdings in Norwegian Cruise Line were worth $1,474,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Raiffeisen Bank International AG bought a new position in Norwegian Cruise Line during the 4th quarter valued at $40,000. LRI Investments LLC acquired a new position in Norwegian Cruise Line during the fourth quarter valued at approximately $47,000. Versant Capital Management Inc boosted its stake in Norwegian Cruise Line by 147.7% during the first quarter. Versant Capital Management Inc now owns 1,880 shares of the company's stock worth $36,000 after buying an additional 1,121 shares in the last quarter. Bogart Wealth LLC raised its holdings in shares of Norwegian Cruise Line by 1,012.0% in the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company's stock valued at $42,000 after buying an additional 2,024 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its holdings 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 last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Norwegian Cruise Line Stock Down 1.3%

Shares of NCLH traded down $0.32 during mid-day trading on Tuesday, hitting $25.02. 11,231,897 shares of the company's stock were exchanged, compared to its average volume of 15,608,706. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The firm has a fifty day moving average of $20.93 and a two-hundred day moving average of $20.89. The stock has a market cap of $11.18 billion, a price-to-earnings ratio of 17.26, a P/E/G ratio of 1.18 and a beta of 2.24.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.01). Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The company had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the previous year, the business posted $0.40 EPS. The company's revenue was up 6.1% compared to the same quarter last year. On average, sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Jefferies Financial Group upped their price objective on Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Northcoast Research initiated coverage on Norwegian Cruise Line in a research note on Friday, April 25th. They issued a "buy" rating and a $21.00 price objective on the stock. Stifel Nicolaus raised their price objective on Norwegian Cruise Line from $26.00 to $35.00 and gave the stock a "buy" rating in a research report on Friday. The Goldman Sachs Group decreased their target price on Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating for the company in a research note on Wednesday, April 23rd. Finally, Melius Research raised Norwegian Cruise Line to a "strong-buy" rating in a research note on Monday, April 21st. Nine investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $27.20.

About Norwegian Cruise Line

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.