Westpac Banking Corp continued to hold its stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,519 shares of the company’s stock at the close of the 2nd quarter. Westpac Banking Corp’s holdings in Norwegian Cruise Line Holdings were worth $517,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of NCLH. Quantbot Technologies LP acquired a new stake in shares of Norwegian Cruise Line Holdings in the 1st quarter valued at $116,000. Acadian Asset Management LLC acquired a new stake in shares of Norwegian Cruise Line Holdings in the 1st quarter valued at $146,000. Pacer Advisors Inc. acquired a new stake in shares of Norwegian Cruise Line Holdings in the 2nd quarter valued at $197,000. Ameritas Investment Partners Inc. acquired a new stake in shares of Norwegian Cruise Line Holdings in the 1st quarter valued at $203,000. Finally, Nomura Holdings Inc. acquired a new stake in shares of Norwegian Cruise Line Holdings in the 1st quarter valued at $204,000. Institutional investors own 85.78% of the company’s stock.

Norwegian Cruise Line Holdings Ltd. (NCLH) opened at 57.69 on Friday. The company has a market capitalization of $13.16 billion, a PE ratio of 19.50 and a beta of 1.15. The company has a 50 day moving average price of $57.02 and a 200-day moving average price of $53.18. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $35.19 and a 12-month high of $61.48.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its quarterly earnings data on Tuesday, August 8th. The company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.05. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.31 billion. Norwegian Cruise Line Holdings had a return on equity of 16.65% and a net margin of 13.22%. Norwegian Cruise Line Holdings’s revenue was up 13.3% compared to the same quarter last year. During the same period last year, the firm posted $0.85 earnings per share. On average, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post $3.99 EPS for the current year.

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In related news, CEO Jason Montague sold 15,000 shares of the firm’s stock in a transaction dated Monday, June 19th. The stock was sold at an average price of $53.26, for a total value 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 Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $54.57, for a total value of $306,956,250.00. The disclosure for this sale can be found here. Insiders sold 5,651,807 shares of company stock worth $308,444,915 over the last ninety days. 0.98% of the stock is currently owned by insiders.

Several equities research analysts have recently commented on NCLH shares. Wedbush upgraded shares of Norwegian Cruise Line Holdings from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $54.00 to $61.00 in a research note on Friday, May 26th. ValuEngine upgraded shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, June 1st. Berenberg Bank restated a “buy” rating and issued a $65.00 target price on shares of Norwegian Cruise Line Holdings in a research note on Wednesday, June 28th. BidaskClub downgraded shares of 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 started coverage on shares of 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 analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $57.94.

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.

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

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