Susquehanna Fundamental Investments LLC Purchases New Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Susquehanna Fundamental Investments LLC acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 46,984 shares of the company's stock, valued at approximately $1,209,000.

Several other hedge funds have also recently bought and sold shares of NCLH. Apollon Wealth Management LLC acquired a new stake in Norwegian Cruise Line in the fourth quarter valued at about $272,000. Cookson Peirce & Co. Inc. acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at approximately $654,000. Jupiter Asset Management Ltd. increased its position in Norwegian Cruise Line by 365.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 2,168,658 shares of the company's stock worth $55,800,000 after purchasing an additional 1,702,748 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Norwegian Cruise Line by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company's stock valued at $91,285,000 after purchasing an additional 47,507 shares during the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in Norwegian Cruise Line in the fourth quarter valued at approximately $416,000. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Trading Up 0.1 %

Shares of NCLH stock traded up $0.01 during trading hours on Monday, hitting $17.38. 17,874,786 shares of the company were exchanged, compared to its average volume of 12,762,600. 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 fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a 50 day simple moving average of $18.52 and a two-hundred day simple moving average of $23.58. The firm has a market cap of $7.71 billion, a P/E ratio of 15.95, a P/E/G ratio of 0.24 and a beta of 2.09.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its quarterly 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). The company 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 company's revenue for the quarter was down 2.9% on a year-over-year basis. During the same period last year, the firm posted $0.16 earnings per share. Equities analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on NCLH. Barclays dropped their price target on Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Tigress Financial reissued a "strong-buy" rating and set a $36.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. Wells Fargo & Company boosted their price target on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. BNP Paribas began coverage on shares of Norwegian Cruise Line in a report on Thursday, March 27th. They issued a "neutral" rating and a $21.00 price objective for the company. Finally, Bank of America reduced their target price on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating on the stock in a report on Friday, March 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of "Moderate Buy" and a consensus price target of $26.32.

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.