Tudor Investment Corp Et Al Lowers Stock Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Tudor Investment Corp Et Al lowered its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHFree Report) by 42.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 188,701 shares of the company’s stock after selling 138,881 shares during the period. Tudor Investment Corp Et Al’s holdings in Norwegian Cruise Line were worth $3,110,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in NCLH. Covestor Ltd boosted its holdings in Norwegian Cruise Line by 5,020.8% in the first quarter. Covestor Ltd now owns 1,229 shares of the company’s stock valued at $27,000 after acquiring an additional 1,205 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in Norwegian Cruise Line by 272.7% in the first quarter. Parkside Financial Bank & Trust now owns 1,856 shares of the company’s stock valued at $40,000 after acquiring an additional 1,358 shares during the last quarter. Stonebridge Capital Advisors LLC boosted its holdings in Norwegian Cruise Line by 46.2% in the second quarter. Stonebridge Capital Advisors LLC now owns 1,900 shares of the company’s stock valued at $41,000 after acquiring an additional 600 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC acquired a new position in Norwegian Cruise Line in the third quarter valued at $42,000. Finally, Larson Financial Group LLC lifted its stake in shares of Norwegian Cruise Line by 38.0% during the third quarter. Larson Financial Group LLC now owns 3,574 shares of the company’s stock worth $59,000 after purchasing an additional 984 shares in the last quarter. Hedge funds and other institutional investors own 60.49% of the company’s stock.

Norwegian Cruise Line Trading Down 1.2 %

NYSE:NCLH opened at $19.56 on Wednesday. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 40.94. The business’s 50 day moving average is $17.64 and its two-hundred day moving average is $16.76. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $12.15 and a 52 week high of $22.75. The company has a market cap of $8.33 billion, a PE ratio of 69.86, a P/E/G ratio of 0.47 and a beta of 2.59.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.05). The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.99 billion. Norwegian Cruise Line had a return on equity of 108.69% and a net margin of 1.94%. During the same quarter in the previous year, the company posted ($1.10) earnings per share. On average, analysts predict that Norwegian Cruise Line Holdings Ltd. will post 0.87 EPS for the current year.

Analyst Upgrades and Downgrades

NCLH has been the subject of several analyst reports. Susquehanna upped their target price on Norwegian Cruise Line from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 28th. Tigress Financial reaffirmed a “strong-buy” rating and issued a $32.00 target price on shares of Norwegian Cruise Line in a research report on Friday, December 15th. Barclays upped their target price on Norwegian Cruise Line from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 28th. Wells Fargo & Company reissued an “equal weight” rating and issued a $18.00 price target on shares of Norwegian Cruise Line in a report on Friday, January 5th. Finally, Citigroup reduced their price target on Norwegian Cruise Line from $23.00 to $19.00 and set a “neutral” rating for the company in a report on Monday, February 12th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Norwegian Cruise Line currently has an average rating of “Hold” and an average target price of $21.08.

Get Our Latest Analysis on Norwegian Cruise Line

Norwegian Cruise Line Profile

(Free Report)

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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