Quantinno Capital Management LP Has $2.46 Million Stock Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Quantinno Capital Management LP lifted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 108.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 95,657 shares of the company's stock after buying an additional 49,836 shares during the quarter. Quantinno Capital Management LP's holdings in Norwegian Cruise Line were worth $2,461,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. 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 purchasing an additional 5,557,951 shares during the period. Vanguard Group Inc. raised its position in shares of Norwegian Cruise Line by 0.5% during 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 in the last quarter. Geode Capital Management LLC lifted its stake in shares of 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 acquiring an additional 270,434 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of Norwegian Cruise Line by 113.1% in the fourth quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company's stock valued at $143,502,000 after acquiring an additional 2,959,631 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. increased its stake in shares of Norwegian Cruise Line by 16.7% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 4,491,644 shares of the company's stock valued at $115,570,000 after acquiring an additional 642,380 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH traded down $0.10 during trading hours on Monday, hitting $17.35. 7,415,932 shares of the stock were exchanged, compared to its average volume of 12,556,044. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. 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 firm has a market capitalization of $7.75 billion, a P/E ratio of 15.91, a P/E/G ratio of 0.24 and a beta of 2.09. The company's 50 day moving average is $17.80 and its 200 day moving average is $22.91.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly 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). The business had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.15 billion. Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The firm's quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.16 earnings per share. On average, research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NCLH. Barclays cut their price objective on Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Northcoast Research initiated coverage on Norwegian Cruise Line in a report on Friday, April 25th. They set a "buy" rating and a $21.00 target price for the company. Bank of America dropped their price target on Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating on the stock in a research note on Friday, March 7th. Tigress Financial reiterated a "strong-buy" rating and issued a $36.00 target price on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. Finally, Jefferies Financial Group assumed coverage on shares of Norwegian Cruise Line in a research report on Monday, March 31st. They issued a "buy" rating and a $25.00 price target for the company. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $25.63.

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.