NYSE:NCLH - Free Report ) by 96.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,995 shares of the company's stock after selling 48,560 shares during the period. Federated Hermes Inc.'s holdings in Norwegian Cruise Line were worth $40,000 at the end of the most recent reporting period.
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Several other institutional investors have also modified their holdings of NCLH. Stratos Wealth Partners LTD. purchased a new position in Norwegian Cruise Line during the 3rd quarter valued at about $202,000. Bank of New York Mellon Corp increased its holdings 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. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Norwegian Cruise Line by 19.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 79,470 shares of the company's stock valued at $1,310,000 after acquiring an additional 13,037 shares in the last quarter. Mackenzie Financial Corp increased its holdings in Norwegian Cruise Line by 5,714.8% during the 3rd quarter. Mackenzie Financial Corp now owns 752,613 shares of the company's stock valued at $11,929,000 after acquiring an additional 739,670 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in Norwegian Cruise Line by 11.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 63,611 shares of the company's stock valued at $1,048,000 after acquiring an additional 6,385 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.
Analysts Set New Price Targets Several equities analysts have weighed in on NCLH shares. Mizuho started coverage on shares of Norwegian Cruise Line in a report on Tuesday, March 26th. They set a "neutral" rating and a $21.00 target price for the company. Citigroup lowered their price target on shares of Norwegian Cruise Line from $23.00 to $19.00 and set a "neutral" rating for the company in a report on Monday, February 12th. Susquehanna lowered their price target on shares of Norwegian Cruise Line from $21.00 to $18.00 and set a "neutral" rating for the company in a report on Thursday, May 2nd. StockNews.com upgraded shares of Norwegian Cruise Line from a "sell" rating to a "hold" rating in a report on Wednesday. Finally, Morgan Stanley lifted their price target on shares of Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an "underweight" rating in a report on Tuesday, March 5th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $20.67.
View Our Latest Stock Report on Norwegian Cruise Line
Norwegian Cruise Line Trading Up 3.1 % Norwegian Cruise Line stock traded up $0.48 during trading on Wednesday, reaching $16.08. The company had a trading volume of 18,735,499 shares, compared to its average volume of 12,865,901. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $12.70 and a 12-month high of $22.75. The stock's 50 day moving average price is $19.05 and its two-hundred day moving average price is $17.53. The firm has a market capitalization of $6.90 billion, a price-to-earnings ratio of 22.99, a PEG ratio of 0.31 and a beta of 2.59. The company has a debt-to-equity ratio of 33.16, a quick ratio of 0.22 and a current ratio of 0.24.
Norwegian Cruise Line (NYSE:NCLH - Get Free Report ) last announced its quarterly earnings results on Tuesday, February 27th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.05). The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.99 billion. Norwegian Cruise Line had a net margin of 3.84% and a return on equity of 136.20%. During the same period last year, the firm earned ($1.10) earnings per share. As a group, equities analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1 earnings per share for the current fiscal year.
Norwegian Cruise Line Company Profile (
Free Report )
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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