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

Two Sigma Advisers LP boosted its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 99.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,689,200 shares of the company's stock after purchasing an additional 3,824,600 shares during the quarter. Two Sigma Advisers LP owned about 1.75% of Norwegian Cruise Line worth $197,843,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Hopwood Financial Services Inc. acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth approximately $26,000. Stonebridge Financial Group LLC bought a new position in Norwegian Cruise Line during the fourth quarter worth $27,000. Kestra Investment Management LLC bought a new position in Norwegian Cruise Line during the fourth quarter worth $27,000. Rakuten Securities Inc. increased its position in Norwegian Cruise Line by 176.0% during the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after acquiring an additional 739 shares during the period. Finally, R Squared Ltd bought a new stake in Norwegian Cruise Line in the 4th quarter valued at $31,000. 69.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on NCLH. BNP Paribas began coverage on shares of Norwegian Cruise Line in a report on Thursday, March 27th. They issued a "neutral" rating and a $21.00 target price on the stock. Citigroup raised 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. Tigress Financial reaffirmed a "strong-buy" rating and set a $36.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. Barclays decreased their target price on shares of Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, JPMorgan Chase & Co. raised Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price target for the company in a report on Monday, March 17th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $25.63.

Norwegian Cruise Line Trading Up 1.3%

Shares of NCLH traded up $0.23 during midday trading on Thursday, hitting $17.45. 11,862,691 shares of the stock were exchanged, compared to its average volume of 12,584,648. The firm has a market cap of $7.80 billion, a P/E ratio of 16.01, a P/E/G ratio of 0.24 and a beta of 2.09. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The stock has a fifty day simple moving average of $17.88 and a 200 day simple moving average of $23.08.

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