Bowling Portfolio Management LLC Has $204,000 Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Bowling Portfolio Management LLC cut its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Rating) by 13.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,314 shares of the company’s stock after selling 1,477 shares during the period. Bowling Portfolio Management LLC’s holdings in Norwegian Cruise Line were worth $204,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Franklin Resources Inc. bought a new stake in Norwegian Cruise Line during the 3rd quarter worth about $235,000. Dark Forest Capital Management LP lifted its position in Norwegian Cruise Line by 11.3% during the 3rd quarter. Dark Forest Capital Management LP now owns 5,700 shares of the company’s stock worth $152,000 after buying an additional 579 shares in the last quarter. Guggenheim Capital LLC lifted its position in Norwegian Cruise Line by 1.2% during the 3rd quarter. Guggenheim Capital LLC now owns 45,382 shares of the company’s stock worth $1,212,000 after buying an additional 541 shares in the last quarter. Tudor Investment Corp Et Al lifted its position in Norwegian Cruise Line by 254.2% during the 3rd quarter. Tudor Investment Corp Et Al now owns 336,267 shares of the company’s stock worth $8,982,000 after buying an additional 241,341 shares in the last quarter. Finally, Toroso Investments LLC bought a new stake in Norwegian Cruise Line during the 3rd quarter worth about $276,000. 56.13% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have commented on NCLH shares. Truist Financial cut their price target on shares of Norwegian Cruise Line from $20.00 to $18.00 and set a “hold” rating on the stock in a research report on Thursday, May 19th. Credit Suisse Group dropped their target price on shares of Norwegian Cruise Line from $38.00 to $33.00 in a report on Wednesday, May 11th. UBS Group dropped their target price on shares of Norwegian Cruise Line to $18.00 and set a “hold” rating on the stock in a report on Thursday, May 19th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Norwegian Cruise Line from $23.00 to $17.00 in a report on Tuesday. Finally, Morgan Stanley dropped their target price on shares of Norwegian Cruise Line from $18.00 to $14.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 8th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and an average target price of $23.85.

Norwegian Cruise Line stock opened at $11.47 on Thursday. The stock has a market cap of $4.81 billion, a P/E ratio of -1.08 and a beta of 2.47. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 8.33. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $10.31 and a twelve month high of $31.56. The company’s 50-day moving average price is $16.54 and its two-hundred day moving average price is $19.24.

Norwegian Cruise Line (NYSE:NCLHGet Rating) last released its quarterly earnings results on Tuesday, May 10th. The company reported ($1.82) earnings per share for the quarter, missing the consensus estimate of ($1.53) by ($0.29). Norwegian Cruise Line had a negative net margin of 353.02% and a negative return on equity of 116.64%. The company had revenue of $521.90 million during the quarter, compared to the consensus estimate of $760.34 million. During the same period in the prior year, the company earned ($2.03) earnings per share. The firm’s revenue was up 16735.5% compared to the same quarter last year. Equities analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post -2.38 earnings per share for the current fiscal year.

In other Norwegian Cruise Line news, Director Russell W. Galbut bought 100,000 shares of the stock in a transaction dated Monday, May 23rd. The shares were bought at an average cost of $15.12 per share, with a total value of $1,512,000.00. Following the completion of the acquisition, the director now owns 489,917 shares of the company’s stock, valued at $7,407,545.04. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.94% of the stock is currently owned by company insiders.

Norwegian Cruise Line Profile (Get Rating)

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 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 locations, including destinations in Scandinavia, Russia, 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.

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

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