Stifel Financial Corp Raises Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Stifel Financial Corp lifted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 384,316 shares of the company's stock after buying an additional 19,818 shares during the quarter. Stifel Financial Corp owned approximately 0.09% of Norwegian Cruise Line worth $9,888,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of NCLH. Capital International Investors grew its holdings in shares of Norwegian Cruise Line by 11.2% in the fourth quarter. Capital International Investors now owns 55,194,672 shares of the company's stock worth $1,420,159,000 after purchasing an additional 5,557,951 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Norwegian Cruise Line by 0.5% during the fourth 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 boosted its holdings 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 valued at $277,399,000 after purchasing an additional 270,434 shares during the period. Renaissance Technologies LLC grew its stake in Norwegian Cruise Line by 113.1% in 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 in the last quarter. Finally, Norges Bank purchased a new position in Norwegian Cruise Line during the 4th quarter worth $113,156,000. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock traded up $1.07 during trading on Friday, reaching $17.33. The company had a trading volume of 19,479,200 shares, compared to its average volume of 12,810,547. The firm has a market capitalization of $7.62 billion, a PE ratio of 15.90, a price-to-earnings-growth ratio of 0.24 and a beta of 2.27. The firm's 50-day simple moving average is $18.67 and its 200 day simple moving average is $23.64. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $2.15 billion. During the same period in the prior year, the firm earned $0.16 EPS. The firm's revenue for the quarter was down 2.9% on a year-over-year basis. As a group, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on NCLH shares. Loop Capital lowered their price target on shares of Norwegian Cruise Line from $25.00 to $24.00 and set a "buy" rating for the company in a research report on Thursday. Jefferies Financial Group began coverage on Norwegian Cruise Line in a research report on Monday, March 31st. They set a "buy" rating and a $25.00 price objective on the stock. Melius Research raised shares of Norwegian Cruise Line to a "strong-buy" rating in a research report on Monday, April 21st. Citigroup boosted their price objective on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a "buy" rating in a research note on Friday, February 28th. Finally, Wells Fargo & Company raised their price objective on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. Eight research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.