Gilder Gagnon Howe & Co. LLC purchased a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,079 shares of the company’s stock, valued at approximately $710,000.

Other large investors have also bought and sold shares of the company. Amalgamated Bank raised its stake in Norwegian Cruise Line Holdings by 2.4% in the first quarter. Amalgamated Bank now owns 8,718 shares of the company’s stock valued at $442,000 after buying an additional 202 shares in the last quarter. Morgan Stanley raised its stake in Norwegian Cruise Line Holdings by 82.1% in the first quarter. Morgan Stanley now owns 251,407 shares of the company’s stock valued at $12,753,000 after buying an additional 113,323 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in Norwegian Cruise Line Holdings by 83.3% in the first quarter. Canada Pension Plan Investment Board now owns 69,451 shares of the company’s stock valued at $3,523,000 after buying an additional 31,558 shares in the last quarter. Prudential Financial Inc. raised its stake in Norwegian Cruise Line Holdings by 26.1% in the first quarter. Prudential Financial Inc. now owns 267,844 shares of the company’s stock valued at $13,588,000 after buying an additional 55,469 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. raised its stake in Norwegian Cruise Line Holdings by 6.7% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,241 shares of the company’s stock valued at $201,000 after buying an additional 266 shares in the last quarter. Institutional investors and hedge funds own 86.18% of the company’s stock.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at 57.07 on Friday. The firm’s 50-day moving average is $55.28 and its 200 day moving average is $51.64. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $34.16 and a 52-week high of $61.48. The stock has a market cap of $13.02 billion, a P/E ratio of 19.29 and a beta of 1.16.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.05. Norwegian Cruise Line Holdings had a net margin of 13.22% and a return on equity of 17.03%. The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter last year, the company earned $0.85 earnings per share. The firm’s revenue was up 13.3% compared to the same quarter last year. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.93 earnings per share for the current fiscal year.

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NCLH has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a report on Wednesday, April 26th. Wedbush upgraded shares of Norwegian Cruise Line Holdings from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $54.00 to $61.00 in a report on Friday, May 26th. Bank of America Corporation started coverage on shares of Norwegian Cruise Line Holdings in a research note on Monday, July 24th. They set a “buy” rating and a $65.00 price objective for the company. ValuEngine upgraded 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 reiterated a “buy” rating and set a $65.00 price objective on shares of Norwegian Cruise Line Holdings in a research note on Wednesday, June 28th. Ten research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Norwegian Cruise Line Holdings presently has an average rating of “Buy” and an average price target of $56.94.

In other Norwegian Cruise Line Holdings news, CEO Jason Montague sold 15,000 shares of the firm’s stock in a transaction that occurred on 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 owns 72,831 shares of the company’s stock, valued at $3,878,979.06. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.98% of the stock is currently owned by company 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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