Wellington Management Group LLP Has $21.40 Million Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Wellington Management Group LLP lifted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 211.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 831,820 shares of the company's stock after acquiring an additional 564,423 shares during the period. Wellington Management Group LLP owned approximately 0.19% of Norwegian Cruise Line worth $21,403,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of NCLH. Capital International Investors grew its position in shares of Norwegian Cruise Line by 11.2% during the 4th quarter. Capital International Investors now owns 55,194,672 shares of the company's stock worth $1,420,159,000 after purchasing an additional 5,557,951 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Norwegian Cruise Line by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 53,307,282 shares of the company's stock valued at $1,371,596,000 after buying an additional 277,360 shares during the period. Geode Capital Management LLC grew its position in Norwegian Cruise Line by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 10,793,268 shares of the company's stock worth $277,399,000 after buying an additional 270,434 shares in the last quarter. Two Sigma Advisers LP increased its stake in Norwegian Cruise Line by 99.0% during the 4th quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company's stock worth $197,843,000 after acquiring an additional 3,824,600 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in Norwegian Cruise Line by 113.1% in the 4th quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company's stock valued at $143,502,000 after acquiring an additional 2,959,631 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

NCLH has been the topic of several analyst reports. Wells Fargo & Company increased their target price on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. Truist Financial reduced their price objective on shares of Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating on the stock in a research note on Monday, May 19th. Tigress Financial restated a "strong-buy" rating and issued a $36.00 target price on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Melius Research raised shares of Norwegian Cruise Line to a "strong-buy" rating in a report on Monday, April 21st. Finally, 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. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $25.63.

Norwegian Cruise Line Trading Down 0.3%

Shares of NCLH stock traded down $0.06 during trading hours on Wednesday, hitting $18.22. 5,081,789 shares of the company's stock traded hands, compared to its average volume of 12,498,077. The stock has a market cap of $8.14 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 0.24 and a beta of 2.09. The stock's 50 day simple moving average is $17.45 and its 200 day simple moving average is $22.47. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. 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 earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.02). The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.15 billion. Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The firm's revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.16 earnings per share. On average, sell-side analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

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.