Aviance Capital Management LLC purchased a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 1,900 shares of the company’s stock, valued at approximately $103,000.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. raised its position in Norwegian Cruise Line Holdings by 4,913.5% in the 1st quarter. BlackRock Inc. now owns 7,568,962 shares of the company’s stock worth $383,975,000 after purchasing an additional 7,417,990 shares during the period. Janus Capital Management LLC lifted its stake in Norwegian Cruise Line Holdings by 14.3% in the first quarter. Janus Capital Management LLC now owns 8,019,411 shares of the company’s stock worth $406,820,000 after purchasing an additional 1,001,491 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Norwegian Cruise Line Holdings by 71.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,802,173 shares of the company’s stock worth $91,427,000 after purchasing an additional 752,126 shares during the last quarter. Capital World Investors lifted its stake in Norwegian Cruise Line Holdings by 6.0% in the second quarter. Capital World Investors now owns 10,004,516 shares of the company’s stock worth $543,145,000 after purchasing an additional 569,196 shares during the last quarter. Finally, Marshall Wace North America L.P. bought a new stake in Norwegian Cruise Line Holdings in the second quarter worth about $28,158,000. Institutional investors own 85.80% of the company’s stock.

In related news, EVP Harry Sommer sold 11,807 shares of Norwegian Cruise Line Holdings stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $58.42, for a total value of $689,764.94. Following the completion of the transaction, the executive vice president now directly owns 42,195 shares in the company, valued at $2,465,031.90. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the business’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $54.57, for a total value of $306,956,250.00. The disclosure for this sale can be found here. 0.98% of the stock is currently owned by company insiders.

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Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded up 1.41% during trading on Wednesday, hitting $55.50. The stock had a trading volume of 202,998 shares. The company’s 50 day moving average price is $56.23 and its 200 day moving average price is $53.59. The stock has a market cap of $12.66 billion, a price-to-earnings ratio of 18.76 and a beta of 1.12. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $35.21 and a 12 month high of $61.48.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $1.02 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.05. Norwegian Cruise Line Holdings had a net margin of 13.22% and a return on equity of 16.65%. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the previous year, the firm posted $0.85 earnings per share. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. Equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post $3.98 earnings per share for the current fiscal year.

NCLH has been the subject of several recent analyst reports. Nomura boosted their target price on Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. Buckingham Research increased their price target on Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Deutsche Bank AG increased their price target on Norwegian Cruise Line Holdings from $53.00 to $59.00 and gave the stock a “hold” rating in a report on Wednesday, August 9th. Stifel Nicolaus reissued a “buy” rating on shares of Norwegian Cruise Line Holdings in a research note on Thursday, August 10th. Finally, Barclays PLC raised their price target on Norwegian Cruise Line Holdings from $59.00 to $64.00 and gave the stock an “overweight” rating in a research note on Thursday, August 10th. Ten research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $57.94.

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

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