Fort L.P. purchased a new position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) in the 4th quarter, Holdings Channel reports. The fund purchased 2,533 shares of the company’s stock, valued at approximately $107,000.

Other institutional investors have also bought and sold shares of the company. Capital World Investors raised its stake in shares of Norwegian Cruise Line by 49.4% during the third quarter. Capital World Investors now owns 15,620,156 shares of the company’s stock valued at $897,066,000 after acquiring an additional 5,168,349 shares during the last quarter. BlackRock Inc. raised its stake in shares of Norwegian Cruise Line by 14.6% during the fourth quarter. BlackRock Inc. now owns 14,287,003 shares of the company’s stock valued at $605,627,000 after acquiring an additional 1,817,368 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Norwegian Cruise Line by 9.3% during the third quarter. Janus Henderson Group PLC now owns 11,002,326 shares of the company’s stock valued at $631,864,000 after acquiring an additional 934,851 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Norwegian Cruise Line by 24.1% during the third quarter. Bank of New York Mellon Corp now owns 4,322,854 shares of the company’s stock valued at $248,261,000 after acquiring an additional 840,511 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Norwegian Cruise Line by 5.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,258,749 shares of the company’s stock valued at $138,134,000 after acquiring an additional 174,266 shares during the last quarter. 88.85% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently commented on NCLH shares. Zacks Investment Research downgraded shares of Norwegian Cruise Line from a “buy” rating to a “hold” rating in a research note on Friday, January 11th. BidaskClub upgraded shares of Norwegian Cruise Line from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 30th. Morgan Stanley set a $64.00 price target on shares of Norwegian Cruise Line and gave the company a “buy” rating in a research report on Friday, February 22nd. Deutsche Bank reiterated a “buy” rating and set a $65.00 price target on shares of Norwegian Cruise Line in a research report on Wednesday, January 16th. Finally, TheStreet upgraded shares of Norwegian Cruise Line from a “c+” rating to a “b-” rating in a research report on Wednesday, February 6th. Three research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Norwegian Cruise Line has a consensus rating of “Buy” and a consensus price target of $64.92.

Shares of NASDAQ NCLH opened at $55.55 on Friday. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $39.36 and a 1 year high of $58.09.

Norwegian Cruise Line (NASDAQ:NCLH) last announced its quarterly earnings data on Thursday, February 21st. The company reported $0.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.06. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Norwegian Cruise Line’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.68 EPS.

In other Norwegian Cruise Line news, insider Harry Sommer sold 31,138 shares of the company’s stock in a transaction dated Wednesday, February 27th. The shares were sold at an average price of $55.01, for a total value of $1,712,901.38. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Rio Frank J. Del sold 3,077 shares of the company’s stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $52.70, for a total transaction of $162,157.90. Following the completion of the sale, the chief executive officer now owns 292,090 shares in the company, valued at approximately $15,393,143. The disclosure for this sale can be found here. In the last 90 days, insiders sold 104,584 shares of company stock worth $5,763,329. Corporate insiders own 0.98% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This news story was reported by Daily Political and is owned by of Daily Political. If you are viewing this news story on another domain, it was copied illegally and republished in violation of international copyright and trademark legislation. The legal version of this news story can be read at https://www.dailypolitical.com/2019/03/16/fort-l-p-invests-107000-in-norwegian-cruise-line-holdings-ltd-nclh-stock.html.

About Norwegian Cruise Line

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.

Recommended Story: What is Net Asset Value (NAV)?

Want to see what other hedge funds are holding NCLH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH).

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

Receive News & Ratings for Norwegian Cruise Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line and related companies with MarketBeat.com's FREE daily email newsletter.