Pinkerton Retirement Specialists LLC Purchases Shares of 37,874 Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Pinkerton Retirement Specialists LLC purchased a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 37,874 shares of the company's stock, valued at approximately $974,000.

Several other institutional investors have also added to or reduced their stakes in the business. Focus Partners Advisor Solutions LLC purchased a new stake in Norwegian Cruise Line during the fourth quarter valued at about $647,000. PharVision Advisers LLC bought a new position in shares of Norwegian Cruise Line during the fourth quarter valued at about $258,000. Mpwm Advisory Solutions LLC bought a new position in shares of Norwegian Cruise Line during the fourth quarter valued at about $99,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Norwegian Cruise Line by 13.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,443,936 shares of the company's stock valued at $37,152,000 after acquiring an additional 167,923 shares during the last quarter. Finally, Voloridge Investment Management LLC raised its stake in shares of Norwegian Cruise Line by 3,403.3% during the fourth quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company's stock valued at $86,828,000 after acquiring an additional 3,278,249 shares during the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on NCLH. Melius Research raised shares of Norwegian Cruise Line to a "strong-buy" rating in a research note on Monday, April 21st. Bank of America lowered their price objective on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating for the company in a research note on Friday, March 7th. Macquarie lowered their price objective on shares of Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating for the company in a research note on Friday, May 9th. Wells Fargo & Company upped their price objective on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an "equal weight" rating in a research note on Friday, February 28th. Finally, Morgan Stanley decreased their price target on shares of Norwegian Cruise Line from $21.00 to $20.00 and set an "equal weight" rating for the company in a research note on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $25.63.

Norwegian Cruise Line Price Performance

Shares of NCLH opened at $17.26 on Thursday. The company has a market capitalization of $7.71 billion, a P/E ratio of 15.84, a price-to-earnings-growth ratio of 0.24 and a beta of 2.09. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The firm has a 50 day moving average of $17.88 and a 200 day moving average of $23.08. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly 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 for the quarter, compared to the consensus estimate 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 last year, the business earned $0.16 EPS. As a group, equities research analysts anticipate 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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