Barrow Hanley Mewhinney & Strauss LLC decreased its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 0.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,602,946 shares of the company’s stock after selling 48,180 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 2.89% of Norwegian Cruise Line worth $356,889,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. GSA Capital Partners LLP raised its stake in shares of Norwegian Cruise Line by 81.6% in the third quarter. GSA Capital Partners LLP now owns 26,588 shares of the company’s stock valued at $1,437,000 after acquiring an additional 11,946 shares during the last quarter. IFM Investors Pty Ltd bought a new position in shares of Norwegian Cruise Line in the third quarter valued at approximately $259,000. Guardian Capital LP bought a new position in shares of Norwegian Cruise Line in the third quarter valued at approximately $254,000. California Public Employees Retirement System raised its stake in shares of Norwegian Cruise Line by 12.4% in the third quarter. California Public Employees Retirement System now owns 293,362 shares of the company’s stock valued at $15,856,000 after acquiring an additional 32,362 shares during the last quarter. Finally, Kalos Management Inc. raised its stake in shares of Norwegian Cruise Line by 16.1% in the third quarter. Kalos Management Inc. now owns 12,254 shares of the company’s stock valued at $662,000 after acquiring an additional 1,699 shares during the last quarter. Hedge funds and other institutional investors own 89.02% of the company’s stock.

Norwegian Cruise Line Holdings Ltd. (NCLH) opened at $52.81 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 1.08. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $42.04 and a 1 year high of $61.48. The firm has a market cap of $12,145.14, a P/E ratio of 14.56, a P/E/G ratio of 0.56 and a beta of 1.09.

Norwegian Cruise Line (NASDAQ:NCLH) last posted its quarterly earnings data on Thursday, November 9th. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.04. Norwegian Cruise Line had a net margin of 13.91% and a return on equity of 16.97%. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the previous year, the company posted $1.62 EPS. Norwegian Cruise Line’s revenue was up 11.2% on a year-over-year basis. analysts expect that Norwegian Cruise Line Holdings Ltd. will post 3.66 earnings per share for the current fiscal year.

In related news, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $54.11, for a total value of $270,550,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jason Montague sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $55.08, for a total transaction of $826,200.00. The disclosure for this sale can be found here. Insiders own 0.98% of the company’s stock.

A number of research analysts have recently issued reports on NCLH shares. Argus started coverage on shares of Norwegian Cruise Line in a research note on Wednesday, October 25th. They issued a “buy” rating and a $68.00 target price for the company. Stifel Nicolaus reiterated a “buy” rating and issued a $67.00 target price (down previously from $69.00) on shares of Norwegian Cruise Line in a research note on Thursday, October 19th. Tigress Financial reiterated a “buy” rating on shares of Norwegian Cruise Line in a research note on Monday, November 27th. Wedbush set a $65.00 target price on shares of Norwegian Cruise Line and gave the company a “buy” rating in a research note on Sunday, November 12th. Finally, Morgan Stanley lifted their target price on shares of Norwegian Cruise Line from $58.00 to $62.00 and gave the company an “equal weight” rating in a research note on Friday, November 10th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $63.07.

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About Norwegian Cruise Line

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 (NASDAQ:NCLH)

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