Capital Fund Management S.A. purchased a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 80,237 shares of the company’s stock, valued at approximately $4,356,000.

A number of other large investors also recently added to or reduced their stakes in NCLH. BlackRock Inc. raised its holdings in Norwegian Cruise Line Holdings by 4,913.5% during the 1st quarter. BlackRock Inc. now owns 7,568,962 shares of the company’s stock valued at $383,975,000 after buying an additional 7,417,990 shares during the period. Janus Capital Management LLC raised its holdings in Norwegian Cruise Line Holdings by 14.3% during the 1st quarter. Janus Capital Management LLC now owns 8,019,411 shares of the company’s stock valued at $406,820,000 after buying an additional 1,001,491 shares during the period. Dimensional Fund Advisors LP raised its holdings in Norwegian Cruise Line Holdings by 71.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,802,173 shares of the company’s stock valued at $91,427,000 after buying an additional 752,126 shares during the period. Marshall Wace North America L.P. purchased a new stake in Norwegian Cruise Line Holdings during the 2nd quarter valued at $28,158,000. Finally, Vanguard Group Inc. raised its holdings in Norwegian Cruise Line Holdings by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 12,431,396 shares of the company’s stock valued at $630,645,000 after buying an additional 434,493 shares during the period. Institutional investors own 85.78% of the company’s stock.

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) opened at 56.65 on Tuesday. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $34.75 and a 52 week high of $61.48. The stock’s 50 day moving average price is $56.86 and its 200 day moving average price is $53.04. The stock has a market cap of $12.93 billion, a price-to-earnings ratio of 19.14 and a beta of 1.15.

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, beating the Thomson Reuters’ 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 return on equity of 16.65% and a net margin of 13.22%. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.85 EPS. On average, analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.99 earnings per share for the current year.

In related news, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the business’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $54.57, for a total value of $306,956,250.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Harry Sommer sold 11,807 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $58.42, for a total value of $689,764.94. Following the completion of the sale, the executive vice president now owns 42,195 shares in the company, valued at approximately $2,465,031.90. The disclosure for this sale can be found here. Insiders sold a total of 5,651,807 shares of company stock worth $308,444,915 in the last quarter. Company insiders own 0.98% of the company’s stock.

Several analysts recently weighed in on NCLH shares. Berenberg Bank restated a “buy” rating and set a $65.00 price target on shares of Norwegian Cruise Line Holdings in a report on Wednesday, June 28th. ValuEngine upgraded Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, June 1st. Wedbush upgraded Norwegian Cruise Line Holdings from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $54.00 to $61.00 in a research note on Friday, May 26th. BidaskClub lowered Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research note on Sunday, July 16th. Finally, Bank of America Corporation assumed coverage on Norwegian Cruise Line Holdings in a research note on Monday, July 24th. They issued a “buy” rating and a $65.00 target price on the stock. Ten research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $57.94.

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About Norwegian Cruise Line Holdings

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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