APG Asset Management N.V. lowered its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 2.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 36,322 shares of the company’s stock after selling 900 shares during the period. APG Asset Management N.V.’s holdings in Norwegian Cruise Line were worth $1,611,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of NCLH. DSM Capital Partners LLC grew its holdings in Norwegian Cruise Line by 106.1% during the third quarter. DSM Capital Partners LLC now owns 3,591,761 shares of the company’s stock worth $194,135,000 after purchasing an additional 1,848,761 shares during the period. Capital Growth Management LP bought a new position in Norwegian Cruise Line during the third quarter worth about $65,941,000. Janus Henderson Group PLC grew its holdings in Norwegian Cruise Line by 11.1% during the third quarter. Janus Henderson Group PLC now owns 8,232,552 shares of the company’s stock worth $444,968,000 after purchasing an additional 822,804 shares during the period. Columbus Circle Investors bought a new stake in shares of Norwegian Cruise Line during the third quarter worth approximately $44,026,000. Finally, Bank of Montreal Can boosted its holdings in shares of Norwegian Cruise Line by 1,303.2% during the fourth quarter. Bank of Montreal Can now owns 426,566 shares of the company’s stock worth $22,715,000 after acquiring an additional 396,167 shares during the period. Institutional investors and hedge funds own 88.85% of the company’s stock.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at $56.01 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.34 and a quick ratio of 0.31. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $46.96 and a 1 year high of $61.48. The firm has a market cap of $12,800.00, a P/E ratio of 17.50, a PEG ratio of 0.56 and a beta of 1.17.

Norwegian Cruise Line (NASDAQ:NCLH) last released its quarterly earnings results 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 the consensus estimate of $1.64 billion. During the same period in the previous year, the business earned $1.62 earnings per share. The firm’s quarterly revenue was up 11.2% on a year-over-year basis. analysts predict that Norwegian Cruise Line Holdings Ltd. will post 3.66 EPS for the current year.

In other news, CEO Jason Montague sold 15,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $55.08, for a total value of $826,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of Norwegian Cruise Line stock in a transaction that occurred on 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.

A number of equities research analysts have recently issued reports on the company. BidaskClub upgraded Norwegian Cruise Line from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. JPMorgan Chase & Co. upgraded Norwegian Cruise Line from a “neutral” rating to an “overweight” rating in a report on Monday. Morgan Stanley boosted their price objective on Norwegian Cruise Line from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded Norwegian Cruise Line from a “hold” rating to a “buy” rating and set a $66.00 price objective for the company in a report on Saturday, January 20th. Finally, SunTrust Banks upgraded Norwegian Cruise Line from a “hold” rating to a “buy” rating in a report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the company. Norwegian Cruise Line presently has an average rating of “Buy” and an average price target of $63.38.

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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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