Hodges Capital Management Inc. boosted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 64.7% during the second quarter, Holdings Channel reports. The fund owned 40,565 shares of the company’s stock after buying an additional 15,930 shares during the period. Hodges Capital Management Inc.’s holdings in Norwegian Cruise Line Holdings were worth $2,202,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Quantbot Technologies LP purchased a new stake in shares of Norwegian Cruise Line Holdings during the first quarter valued at approximately $116,000. Acadian Asset Management LLC bought a new position in Norwegian Cruise Line Holdings during the first quarter worth approximately $146,000. Ameritas Investment Partners Inc. bought a new position in Norwegian Cruise Line Holdings during the first quarter worth approximately $203,000. Nomura Holdings Inc. bought a new position in Norwegian Cruise Line Holdings during the first quarter worth approximately $204,000. Finally, Teza Capital Management LLC bought a new position in Norwegian Cruise Line Holdings during the first quarter worth approximately $215,000. Institutional investors own 86.18% of the company’s stock.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) opened at 59.42 on Wednesday. The firm has a 50-day moving average of $54.79 and a 200-day moving average of $51.28. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $34.16 and a 52 week high of $61.48. The firm has a market cap of $13.54 billion, a PE ratio of 21.77 and a beta of 1.16.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $1.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.05. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.31 billion. Norwegian Cruise Line Holdings had a net margin of 12.57% and a return on equity of 16.76%. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.85 EPS. On average, analysts expect that Norwegian Cruise Line Holdings Ltd. will post $3.89 EPS for the current year.

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Several research analysts have issued reports on the stock. Wedbush lifted their price target on shares of Norwegian Cruise Line Holdings from $48.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, May 11th. Zacks Investment Research raised shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 price objective for the company in a research note on Wednesday, April 26th. BidaskClub lowered shares of Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research note on Sunday, July 16th. ValuEngine raised shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, June 1st. Finally, Berenberg Bank reissued a “buy” rating and set a $65.00 target price on shares of Norwegian Cruise Line Holdings in a research note on Wednesday, June 28th. Ten investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $51.67.

In other Norwegian Cruise Line Holdings news, CEO Jason Montague sold 15,000 shares of the company’s stock in a transaction dated Monday, June 19th. The shares were sold at an average price of $53.26, for a total transaction of $798,900.00. Following the sale, the chief executive officer now directly owns 72,831 shares of the company’s stock, valued at $3,878,979.06. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.98% of the stock is currently owned by insiders.

Norwegian Cruise Line Holdings Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

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

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