Bristol John W & Co. Inc. NY reduced its position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 3.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,263,394 shares of the company’s stock after selling 41,812 shares during the period. Bristol John W & Co. Inc. NY owned approximately 0.56% of Norwegian Cruise Line Holdings worth $47,630,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in NCLH. Mizuho Asset Management Co. Ltd. raised its position in Norwegian Cruise Line Holdings by 169.2% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 2,595 shares of the company’s stock valued at $103,000 after buying an additional 1,631 shares during the period. Glenmede Trust Co. NA raised its position in Norwegian Cruise Line Holdings by 50.0% in the second quarter. Glenmede Trust Co. NA now owns 4,950 shares of the company’s stock valued at $197,000 after buying an additional 1,650 shares during the period. Candriam Luxembourg S.C.A. raised its position in Norwegian Cruise Line Holdings by 28.0% in the second quarter. Candriam Luxembourg S.C.A. now owns 5,274 shares of the company’s stock valued at $210,000 after buying an additional 1,153 shares during the period. Amalgamated Bank raised its position in Norwegian Cruise Line Holdings by 26.8% in the second quarter. Amalgamated Bank now owns 5,457 shares of the company’s stock valued at $212,000 after buying an additional 1,155 shares during the period. Finally, Gideon Capital Advisors Inc. acquired a new position in Norwegian Cruise Line Holdings during the second quarter valued at $213,000. Hedge funds and other institutional investors own 86.42% of the company’s stock.

Institutional Ownership by Quarter for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded down 0.38% during trading on Friday, hitting $39.68. 1,597,396 shares of the stock were exchanged. The stock has a market cap of $9.01 billion, a price-to-earnings ratio of 17.87 and a beta of 1.14. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $34.16 and a 1-year high of $60.13. The firm’s 50 day moving average price is $38.11 and its 200-day moving average price is $40.67.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its quarterly earnings data on Wednesday, November 9th. The company reported $1.62 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.59 by $0.03. Norwegian Cruise Line Holdings had a return on equity of 17.60% and a net margin of 12.52%. The company earned $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period last year, the company earned $1.35 earnings per share. The firm’s revenue was up 15.5% compared to the same quarter last year. On average, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post $3.42 EPS for the current year.

Several research firms have recently weighed in on NCLH. Wells Fargo & Co. restated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Monday. SunTrust Banks Inc. cut shares of Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating and decreased their target price for the stock from $52.00 to $43.00 in a report on Wednesday, October 19th. Stifel Nicolaus reiterated a “buy” rating and issued a $51.00 target price on shares of Norwegian Cruise Line Holdings in a report on Wednesday, October 5th. Wedbush reiterated a “neutral” rating and issued a $42.00 target price (down from $45.00) on shares of Norwegian Cruise Line Holdings in a report on Friday, November 11th. Finally, JPMorgan Chase & Co. cut shares of Norwegian Cruise Line Holdings from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $62.00 to $44.00 in a report on Thursday, October 27th. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $50.88.

In other Norwegian Cruise Line Holdings news, CEO Rio Frank J. Del bought 55,623 shares of the stock in a transaction on Wednesday, August 31st. The stock was acquired at an average cost of $35.96 per share, for a total transaction of $2,000,203.08. Following the completion of the acquisition, the chief executive officer now owns 451,171 shares in the company, valued at approximately $16,224,109.16. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP T. Robin Lindsay bought 12,000 shares of the stock in a transaction on Friday, September 2nd. The stock was acquired at an average price of $35.90 per share, with a total value of $430,800.00. Following the completion of the acquisition, the executive vice president now owns 72,647 shares of the company’s stock, valued at approximately $2,608,027.30. The disclosure for this purchase can be found here. Insiders own 1.00% of the company’s stock.

About Norwegian Cruise Line Holdings

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Its brands offer itineraries to over 510 destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii with a combined fleet of approximately 20 ships with over 45,000 Berths.

5 Day Chart for NASDAQ:NCLH

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