Swiss National Bank Sells 93,900 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Swiss National Bank trimmed its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 10.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 838,400 shares of the company's stock after selling 93,900 shares during the quarter. Swiss National Bank owned approximately 0.20% of Norwegian Cruise Line worth $16,802,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in NCLH. New York Life Investment Management LLC lifted its stake in shares of Norwegian Cruise Line by 2.1% in the fourth quarter. New York Life Investment Management LLC now owns 106,572 shares of the company's stock worth $2,136,000 after buying an additional 2,237 shares during the last quarter. Victory Capital Management Inc. raised its stake in Norwegian Cruise Line by 6.2% in the fourth quarter. Victory Capital Management Inc. now owns 1,305,968 shares of the company's stock valued at $26,172,000 after purchasing an additional 76,794 shares in the last quarter. Yousif Capital Management LLC raised its stake in Norwegian Cruise Line by 80.6% in the fourth quarter. Yousif Capital Management LLC now owns 108,979 shares of the company's stock valued at $2,184,000 after purchasing an additional 48,629 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of Norwegian Cruise Line during the fourth quarter worth about $86,000. Finally, New York State Common Retirement Fund grew its holdings in shares of Norwegian Cruise Line by 156.7% during the fourth quarter. New York State Common Retirement Fund now owns 754,493 shares of the company's stock worth $15,120,000 after purchasing an additional 460,590 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. The Goldman Sachs Group started coverage on Norwegian Cruise Line in a research note on Wednesday, March 13th. They issued a "neutral" rating and a $19.00 price target on the stock. StockNews.com raised Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research report on Wednesday. Stifel Nicolaus reissued a "buy" rating and issued a $25.00 price target on shares of Norwegian Cruise Line in a research report on Tuesday, April 9th. Citigroup reduced their price objective on Norwegian Cruise Line from $23.00 to $19.00 and set a "neutral" rating for the company in a research note on Monday, February 12th. Finally, Truist Financial upped 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. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $20.67.

Norwegian Cruise Line Trading Down 0.6 %

NCLH traded down $0.10 during trading on Friday, hitting $16.10. The company's stock had a trading volume of 9,992,577 shares, compared to its average volume of 12,807,683. The firm's 50 day moving average price is $18.93 and its 200-day moving average price is $17.52. The company has a debt-to-equity ratio of 33.16, a current ratio of 0.24 and a quick ratio of 0.22. The stock has a market cap of $6.91 billion, a PE ratio of 23.14, a PEG ratio of 0.31 and a beta of 2.59. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $12.70 and a twelve month high of $22.75.

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 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 last year, the company posted ($1.10) earnings per share. On average, 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.