Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG increased its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 41.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,881,398 shares of the company's stock after acquiring an additional 551,251 shares during the period. Deutsche Bank AG owned approximately 0.43% of Norwegian Cruise Line worth $48,408,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. D. E. Shaw & Co. Inc. lifted its position in shares of Norwegian Cruise Line by 16.7% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 4,491,644 shares of the company's stock valued at $115,570,000 after acquiring an additional 642,380 shares during the period. Driehaus Capital Management LLC acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at about $19,677,000. CoreCap Advisors LLC grew its stake in Norwegian Cruise Line by 77.4% in the 4th quarter. CoreCap Advisors LLC now owns 13,900 shares of the company's stock valued at $358,000 after acquiring an additional 6,063 shares during the last quarter. Cetera Investment Advisers grew its stake in Norwegian Cruise Line by 17.3% in the 4th quarter. Cetera Investment Advisers now owns 97,890 shares of the company's stock valued at $2,519,000 after acquiring an additional 14,454 shares during the last quarter. Finally, Centiva Capital LP acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at about $1,900,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on NCLH shares. Wells Fargo & Company increased their price objective on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an "equal weight" rating in a research note on Friday, February 28th. Tigress Financial reissued a "strong-buy" rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. BNP Paribas initiated coverage on Norwegian Cruise Line in a report on Thursday, March 27th. They issued a "neutral" rating and a $21.00 price target for the company. Citigroup boosted their price target on Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Friday, February 28th. Finally, Melius Research raised Norwegian Cruise Line to a "strong-buy" rating in a report on Monday, April 21st. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $26.05.

Norwegian Cruise Line Trading Up 1.0%

NYSE NCLH opened at $19.34 on Wednesday. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. The company has a 50-day moving average of $17.93 and a 200-day moving average of $23.31. 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 company has a market cap of $8.64 billion, a P/E ratio of 17.74, a P/E/G ratio of 0.24 and a beta of 2.09.

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

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.

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