Sapience Investments LLC purchased a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 21,540 shares of the company's stock, valued at approximately $554,000.
Other large investors have also recently modified their holdings of the company. United Capital Financial Advisors LLC boosted its position in shares of Norwegian Cruise Line by 3.7% in the 4th quarter. United Capital Financial Advisors LLC now owns 13,928 shares of the company's stock worth $358,000 after purchasing an additional 498 shares in the last quarter. Scotia Capital Inc. boosted its holdings in Norwegian Cruise Line by 0.5% in the fourth quarter. Scotia Capital Inc. now owns 113,778 shares of the company's stock worth $2,928,000 after acquiring an additional 540 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of Norwegian Cruise Line by 35.0% during the fourth quarter. Quadrant Capital Group LLC now owns 2,524 shares of the company's stock worth $65,000 after acquiring an additional 654 shares during the last quarter. Rakuten Securities Inc. increased its holdings in shares of Norwegian Cruise Line by 176.0% during the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock valued at $30,000 after acquiring an additional 739 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Norwegian Cruise Line by 29.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company's stock valued at $86,000 after purchasing an additional 754 shares during the last quarter. Institutional investors own 69.58% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. Stifel Nicolaus cut their price target on shares of Norwegian Cruise Line from $30.00 to $26.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Tigress Financial restated a "strong-buy" rating and set a $36.00 price objective on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. Morgan Stanley dropped their target price on Norwegian Cruise Line from $21.00 to $20.00 and set an "equal weight" rating on the stock in a report on Tuesday, May 6th. JPMorgan Chase & Co. raised Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price target for the company in a report on Monday, March 17th. Finally, BNP Paribas began coverage on shares of Norwegian Cruise Line in a report on Thursday, March 27th. They set a "neutral" rating and a $21.00 target price for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line has an average rating of "Moderate Buy" and a consensus price target of $25.63.
Read Our Latest Analysis on Norwegian Cruise Line
Norwegian Cruise Line Price Performance
NYSE NCLH traded up $0.12 during trading hours on Thursday, hitting $17.34. 6,339,402 shares of the company's stock traded hands, compared to its average volume of 12,570,523. The company has a market capitalization of $7.75 billion, a PE ratio of 15.87, a PEG ratio of 0.24 and a beta of 2.09. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The firm's 50-day moving average is $17.88 and its 200-day moving average is $23.08.
Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.02). Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same quarter in the prior year, the firm earned $0.16 earnings per share. The company's revenue for the quarter was down 2.9% on a year-over-year basis. Equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.
Norwegian Cruise Line Profile
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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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