Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) was down 3.9% during trading on Monday . The stock traded as low as $35.36 and last traded at $35.61, with a volume of 3,946,600 shares changing hands. The stock had previously closed at $37.05.

Several equities research analysts have commented on NCLH shares. Sterne Agee CRT started coverage on shares of Norwegian Cruise Line Holdings in a research note on Tuesday, June 7th. They issued a “buy” rating and a $60.00 target price for the company. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Norwegian Cruise Line Holdings in a research note on Tuesday, May 24th. Zacks Investment Research downgraded shares of Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, May 12th. Citigroup Inc. reaffirmed a “buy” rating and issued a $58.00 target price on shares of Norwegian Cruise Line Holdings in a research note on Tuesday, August 23rd. Finally, Wells Fargo & Co. reaffirmed a “buy” rating on shares of Norwegian Cruise Line Holdings in a research note on Thursday, May 12th. 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 price target of $58.79.

The company’s 50 day moving average price is $39.32 and its 200 day moving average price is $45.45. The stock has a market capitalization of $8.09 billion and a PE ratio of 16.04.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its quarterly earnings results 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 firm earned $1.20 billion during the quarter, compared to analyst estimates of $1.22 billion. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.75 EPS. On average, equities analysts expect that Norwegian Cruise Line Holdings Ltd. will post $3.46 EPS for the current year.

In other news, CEO Rio Frank J. Del purchased 55,623 shares of the company’s stock in a transaction dated Wednesday, August 31st. The shares were purchased at an average price of $35.96 per share, for a total transaction of $2,000,203.08. Following the transaction, the chief executive officer now owns 451,171 shares of the company’s stock, valued at $16,224,109.16. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

An institutional investor recently raised its position in Norwegian Cruise Line Holdings stock. Morgan Stanley boosted its position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 44.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,769 shares of the company’s stock after buying an additional 61,244 shares during the period. Morgan Stanley owned about 0.09% of Norwegian Cruise Line Holdings worth $11,648,000 at the end of the most recent quarter.

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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