Tidal Investments LLC Has $2.06 Million Stock Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Tidal Investments LLC increased its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 181.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,985 shares of the company's stock after purchasing an additional 51,560 shares during the quarter. Tidal Investments LLC's holdings in Norwegian Cruise Line were worth $2,058,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Hopwood Financial Services Inc. acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $26,000. Stonebridge Financial Group LLC acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $27,000. Kestra Investment Management LLC acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $27,000. Rakuten Securities Inc. increased its position in Norwegian Cruise Line by 176.0% during the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after purchasing an additional 739 shares in the last quarter. Finally, R Squared Ltd acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $31,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Down 1.9%

Shares of Norwegian Cruise Line stock traded down $0.34 during trading on Wednesday, reaching $17.75. 3,703,779 shares of the company traded hands, compared to its average volume of 12,537,613. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. The company has a 50 day moving average price of $17.71 and a 200-day moving average price of $22.80. The firm has a market capitalization of $7.93 billion, a PE ratio of 16.27, a P/E/G ratio of 0.24 and a beta of 2.09.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by ($0.02). Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same quarter in the previous year, the firm earned $0.16 EPS. The firm's revenue was down 2.9% on a year-over-year basis. As a group, equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NCLH has been the topic of a number of research reports. Macquarie reduced their target price on shares of Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating on the stock in a report on Friday, May 9th. Melius Research raised shares of Norwegian Cruise Line to a "strong-buy" rating in a report on Monday, April 21st. Citigroup boosted their target price on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Friday, February 28th. Wall Street Zen lowered shares of Norwegian Cruise Line from a "hold" rating to a "sell" rating in a report on Saturday, May 3rd. Finally, Northcoast Research initiated coverage on shares of Norwegian Cruise Line in a report on Friday, April 25th. They set a "buy" rating and a $21.00 target price on the stock. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $25.63.

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.