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Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Norwegian Cruise Line logo with Consumer Discretionary background

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 92,971 shares of the company's stock, valued at approximately $2,392,000.

Other institutional investors have also recently bought and sold shares of the company. United Capital Financial Advisors LLC boosted its holdings in shares of Norwegian Cruise Line by 3.7% in the fourth quarter. United Capital Financial Advisors LLC now owns 13,928 shares of the company's stock valued at $358,000 after buying an additional 498 shares during the period. Scotia Capital Inc. lifted its position in shares of Norwegian Cruise Line by 0.5% in the fourth quarter. Scotia Capital Inc. now owns 113,778 shares of the company's stock worth $2,928,000 after purchasing an additional 540 shares in the last quarter. Quadrant Capital Group LLC lifted its position in shares of Norwegian Cruise Line by 35.0% in the fourth quarter. Quadrant Capital Group LLC now owns 2,524 shares of the company's stock worth $65,000 after purchasing an additional 654 shares in the last quarter. Rakuten Securities Inc. lifted its position in shares of Norwegian Cruise Line by 176.0% in the fourth 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, Farther Finance Advisors LLC raised its position in Norwegian Cruise Line by 29.3% during the fourth quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company's stock worth $86,000 after acquiring an additional 754 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on NCLH shares. Melius Research raised shares of Norwegian Cruise Line to a "strong-buy" rating in a research report on Monday, April 21st. Morgan Stanley dropped 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 research report on Tuesday, May 6th. Wall Street Zen lowered shares of Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research report on Saturday, May 3rd. BNP Paribas started coverage on shares of Norwegian Cruise Line in a research report on Thursday, March 27th. They issued a "neutral" rating and a $21.00 price objective on the stock. Finally, Truist Financial cut their target price on shares of Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating for the company in a research note on Monday, May 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Norwegian Cruise Line presently has an average rating of "Moderate Buy" and a consensus target price of $25.16.

Check Out Our Latest Stock Analysis on Norwegian Cruise Line

Norwegian Cruise Line Stock Performance

NYSE:NCLH traded up $0.24 during mid-day trading on Friday, reaching $19.59. 14,724,159 shares of the company's stock were exchanged, compared to its average volume of 12,590,542. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The firm has a market capitalization of $8.75 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 0.24 and a beta of 2.12. The business's fifty day simple moving average is $17.45 and its two-hundred day simple moving average is $22.35. 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 (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 analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $2.15 billion. During the same period in the prior year, the business posted $0.16 earnings per share. Norwegian Cruise Line's revenue was down 2.9% compared to the same quarter last year. Analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

About Norwegian Cruise Line

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Norwegian Cruise Line (NYSE:NCLH)

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