Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) rose 4% during 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 trading hands. The stock had previously closed at $37.30.

NCLH has been the subject of several recent analyst reports. Stifel Nicolaus reduced their price target on Norwegian Cruise Line Holdings from $69.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, July 20th. Zacks Investment Research raised Norwegian Cruise Line Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 5th. Nomura reduced their price target on Norwegian Cruise Line Holdings from $50.00 to $48.00 and set a “buy” rating for the company in a report on Wednesday. Sterne Agee CRT initiated coverage on Norwegian Cruise Line Holdings in a report on Tuesday, June 7th. They issued a “buy” rating and a $60.00 price target for the company. Finally, Tigress Financial raised Norwegian Cruise Line Holdings to a “buy” rating in a report on Tuesday, May 31st. Two research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $59.43.

The firm has a 50-day moving average of $41.00 and a 200-day moving average of $46.02. The company has a market capitalization of $8.73 billion and a P/E ratio of 17.32.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $0.85 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.02. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.22 billion. The business’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.75 EPS. On average, analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.58 EPS for the current fiscal year.

Other hedge funds have recently bought and sold shares of the company. US Bancorp DE raised its stake in Norwegian Cruise Line Holdings by 0.5% in the fourth quarter. US Bancorp DE now owns 18,496 shares of the company’s stock valued at $1,084,000 after buying an additional 97 shares during the last quarter. GSA Capital Partners LLP raised its stake in Norwegian Cruise Line Holdings by 72.8% in the fourth quarter. GSA Capital Partners LLP now owns 18,556 shares of the company’s stock valued at $1,087,000 after buying an additional 7,817 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its stake in Norwegian Cruise Line Holdings by 6.5% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 20,070 shares of the company’s stock valued at $1,176,000 after buying an additional 1,220 shares during the last quarter. Employees Retirement System of Texas purchased a new stake in Norwegian Cruise Line Holdings during the fourth quarter valued at $3,399,000. 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 valued at $7,532,000 after buying an additional 82,608 shares during 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.