Prudential Financial Inc. increased its position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 26.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 267,844 shares of the company’s stock after buying an additional 55,469 shares during the period. Prudential Financial Inc. owned approximately 0.12% of Norwegian Cruise Line Holdings worth $13,588,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Bessemer Group Inc. increased its stake in Norwegian Cruise Line Holdings by 0.8% in the fourth quarter. Bessemer Group Inc. now owns 7,427 shares of the company’s stock worth $316,000 after buying an additional 61 shares during the period. Mn Services Vermogensbeheer B.V. boosted its position in Norwegian Cruise Line Holdings by 6.7% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,241 shares of the company’s stock valued at $201,000 after buying an additional 266 shares during the period. World Asset Management Inc boosted its position in Norwegian Cruise Line Holdings by 5.0% in the first quarter. World Asset Management Inc now owns 6,006 shares of the company’s stock valued at $305,000 after buying an additional 288 shares during the period. Commerzbank Aktiengesellschaft FI boosted its position in Norwegian Cruise Line Holdings by 2.7% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 12,601 shares of the company’s stock valued at $536,000 after buying an additional 328 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in Norwegian Cruise Line Holdings by 1.7% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 23,709 shares of the company’s stock valued at $1,203,000 after buying an additional 387 shares during the period. 86.05% of the stock is owned by hedge funds and other institutional investors.

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

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded down 1.25% during mid-day trading on Friday, hitting $52.25. The stock had a trading volume of 652,820 shares. The stock’s 50 day moving average price is $51.83 and its 200 day moving average price is $48.47. The firm has a market capitalization of $11.91 billion, a price-to-earnings ratio of 19.15 and a beta of 1.17. Norwegian Cruise Line Holdings Ltd. has a one year low of $34.16 and a one year high of $56.29.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its earnings results on Wednesday, May 10th. The company reported $0.40 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.03. Norwegian Cruise Line Holdings had a return on equity of 16.76% and a net margin of 12.57%. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the business posted $0.38 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.87 EPS for the current year.

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Several brokerages recently issued reports on NCLH. Wedbush restated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research note on Saturday, May 13th. Stifel Nicolaus reissued a “buy” rating and set a $60.00 price target (up from $48.00) on shares of Norwegian Cruise Line Holdings in a report on Thursday, February 23rd. SunTrust Banks, Inc. raised their price target on Norwegian Cruise Line Holdings from $43.00 to $54.00 and gave the company a “hold” rating in a report on Friday, February 24th. ValuEngine raised Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a report on Thursday, June 1st. Finally, Citigroup Inc. lifted their target price on Norwegian Cruise Line Holdings from $48.00 to $59.00 and gave the stock a “buy” rating in a report on Monday, March 6th. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $50.25.

About Norwegian Cruise Line Holdings

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

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