Hodges Capital Management Inc. trimmed its position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 2.2% in the 4th quarter, HoldingsChannel reports. The fund owned 231,395 shares of the company’s stock after selling 5,125 shares during the quarter. Hodges Capital Management Inc.’s holdings in Norwegian Cruise Line were worth $12,322,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in Norwegian Cruise Line by 15.1% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 27,832 shares of the company’s stock valued at $1,541,000 after acquiring an additional 3,657 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new stake in Norwegian Cruise Line in the fourth quarter valued at approximately $1,421,000. Public Employees Retirement Association of Colorado boosted its stake in Norwegian Cruise Line by 4.8% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 32,699 shares of the company’s stock valued at $1,741,000 after acquiring an additional 1,497 shares in the last quarter. CIBC Asset Management Inc boosted its stake in Norwegian Cruise Line by 13.4% in the fourth quarter. CIBC Asset Management Inc now owns 19,434 shares of the company’s stock valued at $1,035,000 after acquiring an additional 2,300 shares in the last quarter. Finally, Comerica Bank raised its holdings in shares of Norwegian Cruise Line by 449.9% in the fourth quarter. Comerica Bank now owns 64,740 shares of the company’s stock worth $3,869,000 after buying an additional 52,967 shares during the last quarter. Institutional investors own 88.85% of the company’s stock.

In other news, CEO Jason Montague sold 15,000 shares of Norwegian Cruise Line stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $55.08, for a total value of $826,200.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of Norwegian Cruise Line stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $54.11, for a total transaction of $270,550,000.00. The disclosure for this sale can be found here. 0.98% of the stock is currently owned by insiders.

NCLH has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of Norwegian Cruise Line from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $67.00 price target (down previously from $69.00) on shares of Norwegian Cruise Line in a report on Thursday, October 19th. Tigress Financial reaffirmed a “buy” rating on shares of Norwegian Cruise Line in a report on Monday, November 27th. Macquarie cut shares of Norwegian Cruise Line from a “neutral” rating to an “underperform” rating and set a $47.00 price target for the company. in a report on Thursday, November 30th. Finally, BidaskClub raised shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $63.38.

Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at $57.74 on Thursday. The company has a current ratio of 0.34, a quick ratio of 0.31 and a debt-to-equity ratio of 1.08. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $46.96 and a fifty-two week high of $61.48. The stock has a market cap of $13,340.00, a price-to-earnings ratio of 18.04, a P/E/G ratio of 0.56 and a beta of 1.17.

Norwegian Cruise Line (NASDAQ:NCLH) last released its quarterly earnings data on Thursday, November 9th. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $0.04. Norwegian Cruise Line had a net margin of 13.91% and a return on equity of 16.97%. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the previous year, the company earned $1.62 earnings per share. The firm’s revenue for the quarter was up 11.2% on a year-over-year basis. analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 3.66 EPS for the current year.

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Norwegian Cruise Line 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 (NASDAQ:NCLH)

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