Suntrust Banks Inc. increased its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 9.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,285 shares of the company’s stock after purchasing an additional 728 shares during the quarter. Suntrust Banks Inc.’s holdings in Norwegian Cruise Line Holdings were worth $449,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of Norwegian Cruise Line Holdings by 3.5% during the second quarter. Vanguard Group Inc. now owns 12,863,375 shares of the company’s stock worth $698,352,000 after purchasing an additional 431,979 shares in the last quarter. Janus Capital Management LLC boosted its stake in Norwegian Cruise Line Holdings by 14.3% during the first quarter. Janus Capital Management LLC now owns 8,019,411 shares of the company’s stock valued at $406,820,000 after buying an additional 1,001,491 shares during the last quarter. BlackRock Inc. boosted its stake in Norwegian Cruise Line Holdings by 4,913.5% during the first quarter. BlackRock Inc. now owns 7,568,962 shares of the company’s stock valued at $383,975,000 after buying an additional 7,417,990 shares during the last quarter. State Street Corp boosted its stake in Norwegian Cruise Line Holdings by 2.6% during the first quarter. State Street Corp now owns 2,914,873 shares of the company’s stock valued at $147,863,000 after buying an additional 73,722 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Norwegian Cruise Line Holdings by 71.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,802,173 shares of the company’s stock valued at $91,427,000 after buying an additional 752,126 shares during the last quarter. Hedge funds and other institutional investors own 85.80% of the company’s stock.

A number of equities analysts recently commented on the company. Nomura increased their price target on Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday, August 9th. Buckingham Research increased their price target on Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the company a “buy” rating in a research note 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 company a “hold” rating in a research note on Wednesday, August 9th. Zacks Investment Research lowered Norwegian Cruise Line Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday. Finally, Stifel Nicolaus reissued a “buy” rating on shares of Norwegian Cruise Line Holdings in a research note on Thursday, August 10th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the stock. Norwegian Cruise Line Holdings currently has an average rating of “Hold” and an average price target of $59.40.

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Shares of Norwegian Cruise Line Holdings Ltd. (NCLH) opened at 59.16 on Wednesday. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $35.21 and a 1-year high of $61.48. The stock has a 50 day moving average price of $56.46 and a 200 day moving average price of $53.86. The company has a market capitalization of $13.50 billion, a price-to-earnings ratio of 19.99 and a beta of 1.12.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.05. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.31 billion. Norwegian Cruise Line Holdings had a return on equity of 16.65% and a net margin of 13.22%. The business’s revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.85 earnings per share. On average, equities analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post $3.98 EPS for the current fiscal year.

In other news, EVP Harry Sommer sold 11,807 shares of the company’s stock in a transaction that occurred 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 sale, 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 Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were 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 owned by corporate insiders.

Norwegian Cruise Line Holdings Company Profile

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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