Yousif Capital Management LLC Increases Stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Yousif Capital Management LLC increased its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 80.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 108,979 shares of the company's stock after buying an additional 48,629 shares during the quarter. Yousif Capital Management LLC's holdings in Norwegian Cruise Line were worth $2,184,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Mendota Financial Group LLC bought a new stake in shares of Norwegian Cruise Line during the 4th quarter valued at about $66,000. Larson Financial Group LLC grew its stake in shares of Norwegian Cruise Line by 38.0% during the 3rd quarter. Larson Financial Group LLC now owns 3,574 shares of the company's stock valued at $59,000 after purchasing an additional 984 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of Norwegian Cruise Line by 85.8% during the 3rd quarter. Parkside Financial Bank & Trust now owns 3,726 shares of the company's stock valued at $61,000 after acquiring an additional 1,721 shares during the period. Exchange Traded Concepts LLC bought a new position in shares of Norwegian Cruise Line during the 3rd quarter valued at approximately $64,000. Finally, Rakuten Securities Inc. bought a new position in shares of Norwegian Cruise Line during the 4th quarter valued at approximately $82,000. 69.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NCLH. Truist Financial boosted their price objective on Norwegian Cruise Line from $17.00 to $20.00 and gave the company a "hold" rating in a research note on Friday, March 1st. Barclays boosted their price objective on Norwegian Cruise Line from $20.00 to $21.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 28th. Morgan Stanley boosted their price objective on Norwegian Cruise Line from $14.00 to $15.00 and gave the company an "underweight" rating in a research note on Tuesday, March 5th. The Goldman Sachs Group initiated coverage on Norwegian Cruise Line in a report on Wednesday, March 13th. They issued a "neutral" rating and a $19.00 price target on the stock. Finally, Susquehanna boosted their price target on Norwegian Cruise Line from $20.00 to $21.00 and gave the stock a "neutral" rating in a report on Wednesday, February 28th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $20.87.

Norwegian Cruise Line Stock Down 15.0 %

Shares of NYSE NCLH traded down $2.84 during mid-day trading on Wednesday, reaching $16.08. 51,548,537 shares of the company were exchanged, compared to its average volume of 12,457,588. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 40.94. The stock has a market cap of $6.84 billion, a price-to-earnings ratio of 61.71, a P/E/G ratio of 0.40 and a beta of 2.60. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $12.70 and a 1 year high of $22.75. The firm has a 50-day moving average of $19.12 and a 200 day moving average of $17.48.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its quarterly earnings results on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.05). Norwegian Cruise Line had a net margin of 1.94% and a return on equity of 108.69%. The business had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $1.99 billion. During the same quarter last year, the business posted ($1.10) earnings per share. On average, research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1 earnings per share for the current year.

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.