IBM Retirement Fund reduced its position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 6.3% during the third quarter, according to its most recent filing with the SEC. The fund owned 15,057 shares of the company’s stock after selling 1,015 shares during the period. IBM Retirement Fund’s holdings in Norwegian Cruise Line Holdings were worth $568,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Norwegian Cruise Line Holdings by 2.3% in the second quarter. Vanguard Group Inc. now owns 11,385,108 shares of the company’s stock worth $453,582,000 after buying an additional 252,654 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Norwegian Cruise Line Holdings by 7.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 6,004,005 shares of the company’s stock worth $239,199,000 after buying an additional 431,200 shares in the last quarter. Primecap Management Co. CA boosted its position in Norwegian Cruise Line Holdings by 18.1% in the second quarter. Primecap Management Co. CA now owns 4,116,600 shares of the company’s stock worth $164,005,000 after buying an additional 630,193 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in Norwegian Cruise Line Holdings by 8.0% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 3,856,562 shares of the company’s stock worth $153,645,000 after buying an additional 284,149 shares in the last quarter. Finally, State Street Corp boosted its position in Norwegian Cruise Line Holdings by 7.4% in the second quarter. State Street Corp now owns 2,745,538 shares of the company’s stock worth $109,397,000 after buying an additional 190,128 shares in the last quarter. Hedge funds and other institutional investors own 87.91% of the company’s stock.

Institutional Ownership by Quarter for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded down 0.88% during midday trading on Friday, hitting $44.95. The stock had a trading volume of 547,673 shares. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $34.16 and a 12 month high of $55.96. The company has a market cap of $10.21 billion, a P/E ratio of 17.12 and a beta of 1.14. The firm’s 50-day moving average price is $42.46 and its 200 day moving average price is $39.63.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its earnings results on Wednesday, November 9th. The company reported $1.62 EPS for the quarter, beating the Zacks’ consensus estimate of $1.59 by $0.03. The company earned $1.50 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Norwegian Cruise Line Holdings had a return on equity of 17.60% and a net margin of 12.52%. The firm’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.35 EPS. On average, analysts expect that Norwegian Cruise Line Holdings Ltd. will post $3.39 earnings per share for the current fiscal year.

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NCLH has been the topic of a number of recent analyst reports. Goldman Sachs Group, Inc. (The) initiated coverage on Norwegian Cruise Line Holdings in a research report on Thursday, December 15th. They issued a “neutral” rating and a $47.00 target price on the stock. Macquarie initiated coverage on Norwegian Cruise Line Holdings in a research report on Tuesday, October 4th. They issued a “neutral” rating and a $38.00 target price on the stock. Wells Fargo & Company reiterated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Monday, November 14th. Stifel Nicolaus reiterated a “buy” rating and issued a $51.00 target price on shares of Norwegian Cruise Line Holdings in a research report on Wednesday, October 5th. Finally, Sanford C. Bernstein lowered Norwegian Cruise Line Holdings from an “outperform” rating to a “market perform” rating and cut their price target for the company from $45.00 to $43.00 in a research note on Tuesday, November 22nd. They noted that the move was a valuation call. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Norwegian Cruise Line Holdings has an average rating of “Buy” and an average price target of $50.53.

Norwegian Cruise Line Holdings Company Profile

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.

5 Day Chart for NASDAQ:NCLH

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