Vontobel Holding Ltd. Sells 17,207 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Vontobel Holding Ltd. decreased its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 47.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,434 shares of the company's stock after selling 17,207 shares during the period. Vontobel Holding Ltd.'s holdings in Norwegian Cruise Line were worth $368,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hopwood Financial Services Inc. purchased a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at $26,000. Rakuten Securities Inc. lifted its holdings in 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 buying an additional 739 shares during the period. Versant Capital Management Inc lifted its position in Norwegian Cruise Line by 147.7% during the 1st 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 period. Raiffeisen Bank International AG purchased a new position in Norwegian Cruise Line during the 4th quarter valued at about $40,000. Finally, LRI Investments LLC purchased a new position in Norwegian Cruise Line during the 4th quarter valued at about $47,000. Institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Trading Up 1.0%

NCLH stock traded up $0.22 during mid-day trading on Tuesday, reaching $21.67. 15,237,227 shares of the stock traded hands, compared to its average volume of 14,095,369. The company has a debt-to-equity ratio of 9.09, a quick ratio of 0.16 and a current ratio of 0.19. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The stock has a market capitalization of $9.68 billion, a PE ratio of 12.53, a PEG ratio of 0.38 and a beta of 2.13. The business has a 50-day moving average price of $18.67 and a two-hundred day moving average price of $21.23.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its quarterly earnings data 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 9.05% and a return on equity of 66.78%. The firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter last year, the firm earned $0.16 EPS. The company's revenue was down 2.9% on a year-over-year basis. Equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on NCLH. Barclays reduced their price objective 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. 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 report on Monday, May 19th. 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. Jefferies Financial Group lifted their price target on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the company a "buy" rating in a report on Monday. Finally, Macquarie lowered their target price on shares of Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating on the stock in a report on Friday, May 9th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Norwegian Cruise Line presently has an average rating of "Moderate Buy" and a consensus price target of $25.05.

Norwegian Cruise Line Company 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.