Interval Partners LP Sells 336,235 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Interval Partners LP trimmed its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 48.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 354,563 shares of the company's stock after selling 336,235 shares during the quarter. Interval Partners LP owned about 0.08% of Norwegian Cruise Line worth $9,123,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. United Capital Financial Advisors LLC increased its stake in 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 acquiring an additional 498 shares during the last quarter. Scotia Capital Inc. increased its stake in shares of Norwegian Cruise Line by 0.5% in the 4th quarter. Scotia Capital Inc. now owns 113,778 shares of the company's stock valued at $2,928,000 after purchasing an additional 540 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Norwegian Cruise Line by 35.0% during the 4th quarter. Quadrant Capital Group LLC now owns 2,524 shares of the company's stock worth $65,000 after buying an additional 654 shares in the last quarter. Rakuten Securities Inc. lifted its position in shares of Norwegian Cruise Line by 176.0% during 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. Finally, Farther Finance Advisors LLC boosted its stake in Norwegian Cruise Line by 29.3% in the fourth quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company's stock valued at $86,000 after buying an additional 754 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors.

Norwegian Cruise Line Trading Up 1.0%

Shares of NCLH traded up $0.18 during trading hours on Friday, hitting $19.27. 10,394,718 shares of the stock were exchanged, compared to its average volume of 12,691,902. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The firm has a market capitalization of $8.61 billion, a P/E ratio of 17.68, a price-to-earnings-growth ratio of 0.24 and a beta of 2.09. The business has a 50-day moving average of $17.92 and a 200-day moving average of $23.25. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its 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). 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 analyst estimates of $2.15 billion. During the same period in the prior year, the business earned $0.16 EPS. The company's revenue for the quarter was down 2.9% on a year-over-year basis. On average, research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on NCLH shares. Jefferies Financial Group assumed coverage on Norwegian Cruise Line in a research note on Monday, March 31st. They set a "buy" rating and a $25.00 target price for the company. Loop Capital decreased their price target on shares of Norwegian Cruise Line from $25.00 to $24.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. BNP Paribas began coverage on shares of Norwegian Cruise Line in a research note on Thursday, March 27th. They issued a "neutral" rating and a $21.00 price objective for the company. Citigroup raised their target price on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the company a "buy" rating in a research report on Friday, February 28th. Finally, Northcoast Research began coverage on shares of Norwegian Cruise Line in a research note on Friday, April 25th. They set a "buy" rating and a $21.00 target price on the stock. One equities 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 stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $26.05.

Norwegian Cruise Line 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.