U S Global Investors Inc. Buys 19,000 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

U S Global Investors Inc. lifted its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 380.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,000 shares of the company's stock after acquiring an additional 19,000 shares during the quarter. U S Global Investors Inc.'s holdings in Norwegian Cruise Line were worth $455,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hopwood Financial Services Inc. bought a new stake in Norwegian Cruise Line in the 4th quarter worth about $26,000. Rakuten Securities Inc. boosted its stake in shares of Norwegian Cruise Line by 176.0% in the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after buying an additional 739 shares during the last quarter. Raiffeisen Bank International AG bought a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $40,000. LRI Investments LLC purchased a new stake in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $47,000. Finally, Versant Capital Management Inc increased its position in shares of Norwegian Cruise Line by 147.7% during the first quarter. Versant Capital Management Inc now owns 1,880 shares of the company's stock valued at $36,000 after acquiring an additional 1,121 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH opened at $20.21 on Friday. The company has a 50 day moving average of $18.14 and a 200 day moving average of $21.51. The company has a current ratio of 0.19, a quick ratio of 0.16 and a debt-to-equity ratio of 9.09. The stock has a market cap of $9.03 billion, a P/E ratio of 11.68, a P/E/G ratio of 0.33 and a beta of 2.12. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced 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). The firm had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.15 billion. Norwegian Cruise Line had a net margin of 9.05% and a return on equity of 66.78%. The firm's revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 earnings per share. As a group, sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on NCLH. Morgan Stanley cut their price target on shares of Norwegian Cruise Line from $21.00 to $20.00 and set an "equal weight" rating on the stock in a report on Tuesday, May 6th. Jefferies Financial Group assumed coverage on shares of Norwegian Cruise Line in a research note on Monday, March 31st. They issued a "buy" rating and a $25.00 target price on the stock. BNP Paribas started coverage on shares of Norwegian Cruise Line in a research report on Thursday, March 27th. They set a "neutral" rating and a $21.00 target price for the company. Susquehanna decreased their price target on shares of Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating for the company in a research note on Thursday, May 1st. Finally, Stifel Nicolaus lowered their price target on shares of Norwegian Cruise Line from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and a consensus target price of $25.16.

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.

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