Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) rose 1.3% during mid-day trading on Wednesday . The company traded as high as $38.19 and last traded at $38.13, with a volume of 802,461 shares changing hands. The stock had previously closed at $37.63.

NCLH has been the topic of a number of analyst reports. Stifel Nicolaus lowered their target price on shares of Norwegian Cruise Line Holdings from $69.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, July 20th. Sterne Agee CRT initiated coverage on shares of Norwegian Cruise Line Holdings in a report on Tuesday, June 7th. They set a “buy” rating and a $60.00 target price on the stock. Zacks Investment Research cut shares of Norwegian Cruise Line Holdings from a “hold” rating to a “sell” rating in a report on Saturday, June 25th. Wedbush lowered their target price on shares of Norwegian Cruise Line Holdings from $59.00 to $53.00 and set an “outperform” rating on the stock in a report on Wednesday, August 10th. Finally, Nomura reissued a “buy” rating and set a $65.00 target price on shares of Norwegian Cruise Line Holdings in a report on Sunday, May 15th. Two research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $59.43.

The stock’s 50 day moving average is $40.93 and its 200-day moving average is $45.92. The firm has a market capitalization of $8.78 billion and a price-to-earnings ratio of 17.41.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its earnings results on Tuesday, August 9th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.02. During the same period in the prior year, the business earned $0.75 earnings per share. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.22 billion. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post $3.50 EPS for the current year.

Other hedge funds and institutional investors have bought and sold shares of the company. Employees Retirement System of Texas acquired a new position in Norwegian Cruise Line Holdings during the fourth quarter valued at $3,399,000. BNP Paribas Arbitrage SA raised its position 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 valued at $25,716,000 after buying an additional 104,705 shares during the period. Jennison Associates LLC raised its position 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 valued at $98,700,000 after buying an additional 287,191 shares during the period. I.G. Investment Management LTD. raised its position 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 valued at $13,357,000 after buying an additional 2,265 shares during the period. Finally, US Bancorp DE raised its position 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 period.

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Its brands offer itineraries to over 510 destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii with a combined fleet of approximately 20 ships with over 45,000 Berths.

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