Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Stock Position Cut by Calamos Advisors LLC

Calamos Advisors LLC lessened its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 1.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 441,142 shares of the company’s stock after selling 5,762 shares during the period. Calamos Advisors LLC’s holdings in Norwegian Cruise Line were worth $8,840,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Covestor Ltd grew its position in Norwegian Cruise Line by 5,020.8% in the 1st quarter. Covestor Ltd now owns 1,229 shares of the company’s stock valued at $27,000 after buying an additional 1,205 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Norwegian Cruise Line by 272.7% during the 1st quarter. Parkside Financial Bank & Trust now owns 1,856 shares of the company’s stock valued at $40,000 after purchasing an additional 1,358 shares in the last quarter. Mendota Financial Group LLC bought a new position in shares of Norwegian Cruise Line during the 4th quarter valued at about $66,000. Larson Financial Group LLC boosted its position in shares of Norwegian Cruise Line by 38.0% during the 3rd quarter. Larson Financial Group LLC now owns 3,574 shares of the company’s stock valued at $59,000 after purchasing an additional 984 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in shares of Norwegian Cruise Line during the 3rd quarter valued at about $64,000. Institutional investors own 69.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Norwegian Cruise Line in a research report on Wednesday, March 13th. They set a “neutral” rating and a $19.00 price objective for the company. Barclays raised their price objective on shares of Norwegian Cruise Line from $20.00 to $21.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 28th. Susquehanna raised their price objective on shares of Norwegian Cruise Line from $20.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, February 28th. Mizuho began coverage on shares of Norwegian Cruise Line in a research report on Tuesday, March 26th. They set a “neutral” rating and a $21.00 price objective for the company. Finally, Morgan Stanley raised their target price on shares of Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an “underweight” rating in a report on Tuesday, March 5th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $20.87.

Norwegian Cruise Line Price Performance

Shares of NCLH opened at $18.29 on Friday. The firm has a market cap of $7.79 billion, a PE ratio of 65.32, a PEG ratio of 0.38 and a beta of 2.60. The firm’s 50 day moving average price is $18.74 and its 200 day moving average price is $17.31. The company has a debt-to-equity ratio of 40.94, a quick ratio of 0.19 and a current ratio of 0.22. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $12.41 and a twelve month high of $22.75.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.05). Norwegian Cruise Line had a net margin of 1.94% and a return on equity of 108.69%. The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the business posted ($1.10) EPS. As a group, research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1 EPS for the current fiscal year.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.