Schonfeld Strategic Advisors LLC Sells 534,800 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Schonfeld Strategic Advisors LLC lowered its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 69.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 233,733 shares of the company's stock after selling 534,800 shares during the period. Schonfeld Strategic Advisors LLC owned about 0.05% of Norwegian Cruise Line worth $6,014,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in NCLH. Hopwood Financial Services Inc. bought a new position in Norwegian Cruise Line during the 4th quarter valued at approximately $26,000. Stonebridge Financial Group LLC purchased a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $27,000. Kestra Investment Management LLC bought a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $27,000. Rakuten Securities Inc. lifted its stake in Norwegian Cruise Line by 176.0% in the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after acquiring an additional 739 shares during the period. Finally, R Squared Ltd bought a new stake in Norwegian Cruise Line in the fourth quarter valued at $31,000. Institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Stock Performance

NYSE:NCLH traded up $0.01 during mid-day trading on Monday, reaching $17.38. The company's stock had a trading volume of 17,874,786 shares, compared to its average volume of 12,762,602. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The stock has a market cap of $7.71 billion, a P/E ratio of 15.95, a PEG ratio of 0.24 and a beta of 2.09. The firm's fifty day moving average price is $18.52 and its two-hundred day moving average price is $23.58. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.02). Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter last year, the company earned $0.16 EPS. The firm's revenue for the quarter was down 2.9% on a year-over-year basis. On average, equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on NCLH shares. Susquehanna dropped their target price on shares of Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating for the company in a research report on Thursday. Citigroup lifted their price objective on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a "buy" rating in a research report on Friday, February 28th. StockNews.com lowered Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research report on Saturday. Jefferies Financial Group assumed coverage on Norwegian Cruise Line in a research note on Monday, March 31st. They issued a "buy" rating and a $25.00 target price for the company. Finally, Morgan Stanley reduced their price target on Norwegian Cruise Line from $22.00 to $21.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 10th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $26.32.

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.