Dimensional Fund Advisors LP Trims Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Dimensional Fund Advisors LP lowered its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,953,900 shares of the company's stock after selling 70,213 shares during the period. Dimensional Fund Advisors LP owned approximately 1.13% of Norwegian Cruise Line worth $127,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of NCLH. First Trust Advisors LP grew its stake in Norwegian Cruise Line by 125.4% in the fourth quarter. First Trust Advisors LP now owns 889,194 shares of the company's stock worth $22,879,000 after purchasing an additional 494,640 shares in the last quarter. Commerce Bank grew its position in shares of Norwegian Cruise Line by 15.8% during the 4th quarter. Commerce Bank now owns 11,743 shares of the company's stock worth $302,000 after buying an additional 1,603 shares in the last quarter. Capital International Investors increased its stake in shares of Norwegian Cruise Line by 11.2% during the fourth quarter. Capital International Investors now owns 55,194,672 shares of the company's stock valued at $1,420,159,000 after buying an additional 5,557,951 shares during the period. Capital International Sarl raised its holdings in shares of Norwegian Cruise Line by 8.9% in the fourth quarter. Capital International Sarl now owns 107,767 shares of the company's stock valued at $2,773,000 after acquiring an additional 8,842 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in Norwegian Cruise Line by 89.8% in the fourth quarter. Canada Pension Plan Investment Board now owns 37,200 shares of the company's stock worth $957,000 after acquiring an additional 17,600 shares during the period. Institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH traded up $1.25 during trading on Friday, hitting $17.51. The company had a trading volume of 9,339,610 shares, compared to its average volume of 13,439,301. The firm has a market capitalization of $7.70 billion, a price-to-earnings ratio of 16.06, a price-to-earnings-growth ratio of 0.24 and a beta of 2.27. The stock has a fifty day simple moving average of $18.67 and a two-hundred day simple moving average of $23.64. 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 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 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $2.13 billion during the quarter, compared to analysts' expectations of $2.15 billion. During the same quarter last year, the business earned $0.16 EPS. The business's revenue was down 2.9% compared to the same quarter last year. On average, research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analyst Ratings Changes

NCLH has been the topic of a number of recent research reports. 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. Susquehanna cut their price target on Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating on the stock in a report on Thursday. Tigress Financial restated a "strong-buy" rating and set a $36.00 price objective on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. JPMorgan Chase & Co. upgraded Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 target price on the stock in a research note on Monday, March 17th. Finally, Barclays decreased their price target on shares of Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Eight investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and an average target price of $26.32.

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.