Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 19.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,049,884 shares of the company's stock after purchasing an additional 170,341 shares during the period. Commonwealth Equity Services LLC owned approximately 0.25% of Norwegian Cruise Line worth $21,040,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Norwegian Cruise Line by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 49,697,071 shares of the company's stock worth $819,008,000 after purchasing an additional 1,031,053 shares in the last quarter. Invesco Ltd. lifted its stake in Norwegian Cruise Line by 22.4% during the 3rd quarter. Invesco Ltd. now owns 8,197,327 shares of the company's stock valued at $135,092,000 after acquiring an additional 1,499,622 shares in the last quarter. Northern Trust Corp lifted its stake in Norwegian Cruise Line by 3.0% during the 3rd quarter. Northern Trust Corp now owns 3,425,731 shares of the company's stock valued at $56,456,000 after acquiring an additional 100,682 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Norwegian Cruise Line by 4.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,691,795 shares of the company's stock valued at $44,361,000 after acquiring an additional 126,147 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in Norwegian Cruise Line by 6.2% during the 4th quarter. Victory Capital Management Inc. now owns 1,305,968 shares of the company's stock valued at $26,172,000 after acquiring an additional 76,794 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

NCLH has been the topic of a number of recent analyst reports. Wells Fargo & Company lowered their target price on Norwegian Cruise Line from $21.00 to $19.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 2nd. Citigroup decreased their price objective on Norwegian Cruise Line from $23.00 to $19.00 and set a "neutral" rating for the company in a report on Monday, February 12th. The Goldman Sachs Group began coverage on Norwegian Cruise Line in a report on Wednesday, March 13th. They set a "neutral" rating and a $19.00 target price for the company. Susquehanna reduced their target price on Norwegian Cruise Line from $21.00 to $18.00 and set a "neutral" rating for the company in a report on Thursday, May 2nd. Finally, StockNews.com upgraded Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Hold" and a consensus target price of $20.67.

Norwegian Cruise Line Trading Down 3.7 %

Shares of NCLH traded down $0.60 during mid-day trading on Tuesday, hitting $15.60. 17,878,080 shares of the company's stock traded hands, compared to its average volume of 12,799,666. The firm has a market capitalization of $6.69 billion, a P/E ratio of 22.29, a PEG ratio of 0.31 and a beta of 2.59. The business's 50-day moving average price is $19.11 and its 200-day moving average price is $17.50. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $12.70 and a 1 year high of $22.75. The company has a quick ratio of 0.22, a current ratio of 0.24 and a debt-to-equity ratio of 33.16.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings results on Tuesday, February 27th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.05). The firm had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $1.99 billion. Norwegian Cruise Line had a return on equity of 136.20% and a net margin of 3.84%. During the same period in the previous year, the company earned ($1.10) earnings per share. As a group, sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1 EPS for the current fiscal 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.