Sherbrooke Park Advisers LLC Has $200,000 Stock Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Sherbrooke Park Advisers LLC lowered its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 74.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,777 shares of the company's stock after selling 23,260 shares during the period. Sherbrooke Park Advisers LLC's holdings in Norwegian Cruise Line were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Royal Bank of Canada grew its position in shares of Norwegian Cruise Line by 9.8% during the 4th quarter. Royal Bank of Canada now owns 963,888 shares of the company's stock worth $24,801,000 after purchasing an additional 86,391 shares in the last quarter. Raiffeisen Bank International AG acquired a new position in Norwegian Cruise Line in the 4th quarter valued at $40,000. Quadcap Wealth Management LLC bought a new stake in shares of Norwegian Cruise Line during the 4th quarter valued at $394,000. Quantinno Capital Management LP lifted its position in shares of Norwegian Cruise Line by 108.8% during the 4th quarter. Quantinno Capital Management LP now owns 95,657 shares of the company's stock valued at $2,461,000 after acquiring an additional 49,836 shares during the period. Finally, Mufg Securities Americas Inc. acquired a new stake in shares of Norwegian Cruise Line during the 4th quarter worth $167,000. 69.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on NCLH shares. Bank of America decreased their target price 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. Barclays reduced their target price on Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Northcoast Research started coverage on Norwegian Cruise Line in a report on Friday, April 25th. They set a "buy" rating and a $21.00 price target for the company. The Goldman Sachs Group reduced their price target on shares of Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. Finally, BNP Paribas began coverage on shares of Norwegian Cruise Line in a research report on Thursday, March 27th. They set a "neutral" rating and a $21.00 price objective for the company. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Norwegian Cruise Line has a consensus rating of "Moderate Buy" and an average target price of $25.63.

Norwegian Cruise Line Trading Down 0.5%

NCLH traded down $0.10 during midday trading on Monday, hitting $17.35. 7,415,932 shares of the company were exchanged, compared to its average volume of 12,556,044. The firm's 50 day moving average price is $17.80 and its 200-day moving average price is $22.91. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. 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 has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35.

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 analysts' consensus estimates of $0.09 by ($0.02). The firm had revenue of $2.13 billion for 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 for the quarter was down 2.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. As a group, equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

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.