Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) rose 4% during mid-day trading on Thursday . The stock traded as high as $38.81 and last traded at $38.78, with a volume of 2,994,605 shares changing hands. The stock had previously closed at $37.30.

NCLH has been the topic of several recent research reports. Zacks Investment Research raised 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 Thursday, May 5th. Wells Fargo & Co. reissued a “buy” rating on shares of Norwegian Cruise Line Holdings in a research note on Thursday, May 12th. Nomura reaffirmed a “buy” rating and issued a $65.00 target price on shares of Norwegian Cruise Line Holdings in a research report on Sunday, May 15th. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Tuesday, May 24th. Finally, Tigress Financial raised Norwegian Cruise Line Holdings to a “buy” rating in a research report on Tuesday, May 31st. Two investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $59.43.

The stock has a market capitalization of $8.80 billion and a P/E ratio of 17.12. The stock has a 50 day moving average price of $41.17 and a 200 day moving average price of $46.09.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its quarterly earnings data on Tuesday, August 9th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.83 by $0.02. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.22 billion. Norwegian Cruise Line Holdings’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period last year, the company earned $0.75 EPS. On average, equities analysts expect that Norwegian Cruise Line Holdings Ltd. will post $3.59 EPS for the current year.

Several large investors have bought and sold shares of NCLH. Jennison Associates LLC raised its stake in Norwegian Cruise Line Holdings by 20.6% in the fourth quarter. Jennison Associates LLC now owns 1,684,301 shares of the company’s stock worth $98,700,000 after buying an additional 287,191 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in Norwegian Cruise Line Holdings by 31.3% in the fourth quarter. BNP Paribas Arbitrage SA now owns 438,838 shares of the company’s stock worth $25,716,000 after buying an additional 104,705 shares in the last quarter. I.G. Investment Management LTD. raised its stake in Norwegian Cruise Line Holdings by 1.0% in the fourth quarter. I.G. Investment Management LTD. now owns 227,941 shares of the company’s stock worth $13,357,000 after buying an additional 2,265 shares in the last quarter. Morgan Stanley raised its stake in Norwegian Cruise Line Holdings by 44.5% in the fourth quarter. Morgan Stanley now owns 198,769 shares of the company’s stock worth $11,648,000 after buying an additional 61,244 shares in the last quarter. Finally, Marshall Wace LLP raised its stake in Norwegian Cruise Line Holdings by 179.9% in the fourth quarter. Marshall Wace LLP now owns 128,533 shares of the company’s stock worth $7,532,000 after buying an additional 82,608 shares in the last quarter.

Norwegian Cruise Line Holdings Ltd. is a diversified cruise operator. The Company operates cruise lines under the Norwegian, Oceania and Regent brands. Norwegian offers cruises ranging in length from one day to three weeks. Each of Norwegian’s 13 ships has been built to consistently deliver the Freestyle Cruising product offering.

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