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

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 92,971 shares of the company's stock, valued at approximately $2,392,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Apollon Wealth Management LLC bought a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at about $272,000. Cookson Peirce & Co. Inc. acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $654,000. Jupiter Asset Management Ltd. grew its stake in shares of Norwegian Cruise Line by 365.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 2,168,658 shares of the company's stock worth $55,800,000 after acquiring an additional 1,702,748 shares in the last quarter. Granahan Investment Management LLC bought a new position in shares of Norwegian Cruise Line during the 4th quarter worth approximately $7,634,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Norwegian Cruise Line by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company's stock valued at $91,285,000 after purchasing an additional 47,507 shares during the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Performance

NCLH traded up $0.14 during trading on Wednesday, reaching $18.42. 16,491,672 shares of the company's stock were exchanged, compared to its average volume of 12,542,515. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The company has a market capitalization of $8.23 billion, a P/E ratio of 16.90, a PEG ratio of 0.24 and a beta of 2.09. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The business has a 50 day moving average price of $17.45 and a 200 day moving average price of $22.47.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly earnings data 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). The business 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 5.87% and a return on equity of 99.31%. Norwegian Cruise Line's revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.16 earnings per share. As a group, analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

NCLH has been the subject of several recent analyst reports. 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. Wells Fargo & Company raised their price target on Norwegian Cruise Line from $27.00 to $28.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Jefferies Financial Group began coverage on shares of Norwegian Cruise Line in a research report on Monday, March 31st. They set a "buy" rating and a $25.00 price objective for the company. Wall Street Zen cut shares of Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research note on Saturday, May 3rd. Finally, The Goldman Sachs Group lowered their price target on shares of Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line has a consensus rating of "Moderate Buy" and a consensus target price of $25.63.

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.