Quadcap Wealth Management LLC Makes New $394,000 Investment in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Quadcap Wealth Management LLC acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,325 shares of the company's stock, valued at approximately $394,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Capital International Investors lifted its position in Norwegian Cruise Line by 11.2% in the 4th quarter. Capital International Investors now owns 55,194,672 shares of the company's stock valued at $1,420,159,000 after acquiring an additional 5,557,951 shares in the last quarter. Vanguard Group Inc. lifted its position in Norwegian Cruise Line by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 53,307,282 shares of the company's stock valued at $1,371,596,000 after acquiring an additional 277,360 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Norwegian Cruise Line by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 10,793,268 shares of the company's stock worth $277,399,000 after purchasing an additional 270,434 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Norwegian Cruise Line by 113.1% during the fourth quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company's stock worth $143,502,000 after purchasing an additional 2,959,631 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. grew its position in Norwegian Cruise Line by 16.7% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 4,491,644 shares of the company's stock valued at $115,570,000 after purchasing an additional 642,380 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Norwegian Cruise Line Stock Performance

NCLH traded down $0.73 on Tuesday, hitting $18.18. The company's stock had a trading volume of 14,891,179 shares, compared to its average volume of 12,597,198. The company's 50 day simple moving average is $17.93 and its 200-day simple moving average is $23.16. The firm has a market cap of $8.12 billion, a P/E ratio of 16.68, a price-to-earnings-growth ratio of 0.24 and a beta of 2.09. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. 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 (NYSE:NCLH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.02). The firm had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.15 billion. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The firm's revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 earnings per share. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Citigroup raised their target price on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the company a "buy" rating in a research note on Friday, February 28th. Tigress Financial reiterated a "strong-buy" rating and set a $36.00 price objective on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Northcoast Research assumed coverage on shares of Norwegian Cruise Line in a research report on Friday, April 25th. They issued a "buy" rating and a $21.00 price target for the company. JPMorgan Chase & Co. raised shares of 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 lowered their target price on shares of Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of "Moderate Buy" and an average target price of $25.63.

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.