Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Acquired by Two Sigma Advisers LP

Two Sigma Advisers LP lifted its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 99.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,689,200 shares of the company's stock after acquiring an additional 3,824,600 shares during the period. Two Sigma Advisers LP owned 1.75% of Norwegian Cruise Line worth $197,843,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NCLH. Tidal Investments LLC increased its stake in shares of Norwegian Cruise Line by 181.4% during the fourth quarter. Tidal Investments LLC now owns 79,985 shares of the company's stock worth $2,058,000 after acquiring an additional 51,560 shares during the period. State of Wyoming boosted its stake in shares of Norwegian Cruise Line by 40.2% during the fourth quarter. State of Wyoming now owns 7,485 shares of the company's stock valued at $193,000 after acquiring an additional 2,146 shares during the last quarter. Sapience Investments LLC acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter valued at $554,000. Royal Bank of Canada raised its holdings in Norwegian Cruise Line by 9.8% in the 4th quarter. Royal Bank of Canada now owns 963,888 shares of the company's stock valued at $24,801,000 after acquiring an additional 86,391 shares during the last quarter. Finally, Raiffeisen Bank International AG acquired a new position in Norwegian Cruise Line in the 4th quarter valued at $40,000. 69.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on NCLH shares. The Goldman Sachs Group decreased their target price on shares of Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. Stifel Nicolaus decreased their target price on shares of Norwegian Cruise Line from $30.00 to $26.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. JPMorgan Chase & Co. raised shares of Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 target price on the stock in a research report on Monday, March 17th. Macquarie dropped their price target on 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. Finally, Northcoast Research started coverage on Norwegian Cruise Line in a research note on Friday, April 25th. They set a "buy" rating and a $21.00 price target for the company. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Norwegian Cruise Line currently has a consensus rating of "Moderate Buy" and a consensus price target of $25.63.

Norwegian Cruise Line Stock Down 0.5%

NYSE:NCLH traded down $0.10 during trading hours on Friday, hitting $17.35. The stock had a trading volume of 7,415,932 shares, compared to its average volume of 12,551,914. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. The business has a 50 day simple moving average of $17.80 and a two-hundred day simple moving average of $22.97. The company has a market cap of $7.75 billion, a PE ratio of 15.91, a price-to-earnings-growth ratio of 0.24 and a beta of 2.09.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.02). Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The business had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.15 billion. During the same quarter last year, the firm posted $0.16 EPS. The company's revenue was down 2.9% compared to the same quarter last year. Analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current 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.