Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) Shares Sold by UBS Group AG

UBS Group AG decreased its stake in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 68.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,504 shares of the company’s stock after selling 100,341 shares during the period. UBS Group AG’s holdings in Norwegian Cruise Line Holdings were worth $2,308,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in NCLH. Dimensional Fund Advisors LP raised its stake in shares of 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 valued at $91,427,000 after buying an additional 752,126 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Norwegian Cruise Line Holdings by 6.8% in the first quarter. Geode Capital Management LLC now owns 1,305,129 shares of the company’s stock valued at $66,187,000 after buying an additional 82,694 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Norwegian Cruise Line Holdings during the first quarter valued at approximately $702,000. Vanguard Group Inc. raised its stake in shares of Norwegian Cruise Line Holdings by 3.6% in the first quarter. Vanguard Group Inc. now owns 12,431,396 shares of the company’s stock valued at $630,645,000 after buying an additional 434,493 shares during the last quarter. Finally, Blue Rock Advisors LLC purchased a new stake in shares of Norwegian Cruise Line Holdings during the first quarter valued at approximately $1,623,000. Hedge funds and other institutional investors own 86.07% of the company’s stock.

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) opened at 54.68 on Monday. The company’s 50 day moving average is $51.74 and its 200-day moving average is $49.42. The firm has a market cap of $12.46 billion, a price-to-earnings ratio of 20.04 and a beta of 1.16. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $34.16 and a 1-year high of $56.29.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its quarterly earnings results on Wednesday, May 10th. The company reported $0.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.03. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. Norwegian Cruise Line Holdings had a net margin of 12.57% and a return on equity of 16.76%. Norwegian Cruise Line Holdings’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.38 earnings per share. On average, analysts predict that Norwegian Cruise Line Holdings Ltd. will post $3.88 EPS for the current fiscal year.

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Several equities research analysts have commented on NCLH shares. Wedbush raised their price target on shares of Norwegian Cruise Line Holdings from $48.00 to $53.00 and gave the company a “neutral” rating in a research note on Thursday, May 11th. Zacks Investment Research upgraded shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research note on Wednesday, April 26th. ValuEngine upgraded shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, June 1st. Finally, Berenberg Bank restated a “buy” rating and issued a $65.00 price target on shares of Norwegian Cruise Line Holdings in a research note on Wednesday, June 28th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Norwegian Cruise Line Holdings has a consensus rating of “Hold” and a consensus price target of $51.38.

In related news, CEO Jason Montague sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, June 19th. The shares were sold at an average price of $53.26, for a total transaction of $798,900.00. Following the completion of the sale, the chief executive officer now directly owns 72,831 shares of the company’s stock, valued at $3,878,979.06. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.98% of the company’s stock.

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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