Stifel Financial Corp lifted its position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 19.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,865 shares of the company’s stock after buying an additional 4,216 shares during the period. Stifel Financial Corp’s holdings in Norwegian Cruise Line Holdings were worth $1,398,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NCLH. Principal Financial Group Inc. increased its position in shares of Norwegian Cruise Line Holdings by 57.1% in the 1st quarter. Principal Financial Group Inc. now owns 23,845 shares of the company’s stock valued at $1,210,000 after buying an additional 8,670 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Norwegian Cruise Line Holdings by 71.6% in the 1st 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 in the last quarter. Morgan Stanley increased its position in shares of Norwegian Cruise Line Holdings by 82.1% in the 1st quarter. Morgan Stanley now owns 251,407 shares of the company’s stock valued at $12,753,000 after buying an additional 113,323 shares in the last quarter. BlackRock Inc. increased its position in shares of 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 valued at $383,975,000 after buying an additional 7,417,990 shares in the last quarter. Finally, KCG Holdings Inc. increased its position in shares of Norwegian Cruise Line Holdings by 10.7% in the 1st quarter. KCG Holdings Inc. now owns 11,975 shares of the company’s stock valued at $607,000 after buying an additional 1,159 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

In other news, EVP Harry Sommer sold 11,807 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $58.42, for a total transaction of $689,764.94. Following the completion of the sale, the executive vice president now directly owns 42,195 shares of the company’s stock, valued at $2,465,031.90. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the business’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $54.57, for a total transaction of $306,956,250.00. The disclosure for this sale can be found here. Insiders own 0.98% of the company’s stock.

Norwegian Cruise Line Holdings Ltd. (NCLH) opened at 57.47 on Thursday. The firm has a market capitalization of $13.11 billion, a P/E ratio of 19.42 and a beta of 1.12. The stock’s 50 day moving average is $56.64 and its 200-day moving average is $54.17. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $35.21 and a 1-year high of $61.48.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its earnings results on Tuesday, August 8th. The company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.97 by $0.05. The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.31 billion. Norwegian Cruise Line Holdings had a net margin of 13.22% and a return on equity of 16.65%. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.85 earnings per share. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.97 EPS for the current year.

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NCLH has been the subject of a number of recent analyst reports. Buckingham Research upped their price objective on shares of Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. Nomura increased their target price on Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Bank of America Corporation assumed coverage on Norwegian Cruise Line Holdings in a report on Monday, July 24th. They set a “buy” rating and a $65.00 target price for the company. Berenberg Bank reiterated a “buy” rating and set a $65.00 target price on shares of Norwegian Cruise Line Holdings in a report on Wednesday, June 28th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $69.00 target price on shares of Norwegian Cruise Line Holdings in a report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the company’s stock. Norwegian Cruise Line Holdings presently has a consensus rating of “Hold” and an average price target of $60.00.

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.

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

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