Public Employees Retirement Association of Colorado reduced its position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 5.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,202 shares of the company’s stock after selling 1,687 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Norwegian Cruise Line Holdings were worth $1,686,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Swiss National Bank boosted its holdings in shares of Norwegian Cruise Line Holdings by 2.9% during the second quarter. Swiss National Bank now owns 579,700 shares of the company’s stock worth $31,472,000 after purchasing an additional 16,200 shares during the period. Morgan Stanley boosted its holdings in shares of Norwegian Cruise Line Holdings by 82.1% during the first quarter. Morgan Stanley now owns 251,407 shares of the company’s stock worth $12,753,000 after purchasing an additional 113,323 shares during the period. Impala Asset Management LLC purchased a new stake in shares of Norwegian Cruise Line Holdings during the second quarter worth about $23,418,000. Bank of New York Mellon Corp boosted its holdings in shares of Norwegian Cruise Line Holdings by 1.9% during the second quarter. Bank of New York Mellon Corp now owns 701,327 shares of the company’s stock worth $38,075,000 after purchasing an additional 13,371 shares during the period. Finally, Andra AP fonden lifted its holdings in Norwegian Cruise Line Holdings by 468.4% in the second quarter. Andra AP fonden now owns 32,400 shares of the company’s stock worth $1,759,000 after buying an additional 26,700 shares during the period. Institutional investors own 85.93% of the company’s stock.

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In related news, EVP Harry Sommer sold 11,807 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $58.42, for a total transaction of $689,764.94. Following the completion of the sale, the executive vice president now owns 42,195 shares of the company’s stock, valued at $2,465,031.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $54.57, for a total transaction of $306,956,250.00. The disclosure for this sale can be found here. 0.98% of the stock is currently owned by company insiders.

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) opened at $55.23 on Friday. Norwegian Cruise Line Holdings Ltd. has a one year low of $37.07 and a one year high of $61.48. The firm has a market cap of $12,997.31, a P/E ratio of 15.59, a price-to-earnings-growth ratio of 0.60 and a beta of 1.12. The company has a current ratio of 0.19, a quick ratio of 0.16 and a debt-to-equity ratio of 1.22.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its earnings results on Thursday, November 9th. The company reported $1.86 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.82 by $0.04. Norwegian Cruise Line Holdings had a net margin of 13.91% and a return on equity of 17.71%. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter last year, the firm earned $1.62 earnings per share. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 3.82 EPS for the current fiscal year.

Several analysts have commented on the stock. Barclays PLC raised their price objective on shares of Norwegian Cruise Line Holdings from $59.00 to $64.00 and gave the stock an “overweight” rating in a report on Thursday, August 10th. Stifel Nicolaus restated a “buy” rating on shares of Norwegian Cruise Line Holdings in a report on Thursday, August 10th. Buckingham Research raised their price objective on shares of Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Morgan Stanley raised their price objective on shares of Norwegian Cruise Line Holdings from $58.00 to $62.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, Nomura raised their price objective on shares of Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the stock. Norwegian Cruise Line Holdings has an average rating of “Buy” and a consensus target price of $62.53.

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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