Public Employees Retirement System of Ohio Has $2.89 Million Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Public Employees Retirement System of Ohio decreased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHFree Report) by 10.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 175,292 shares of the company’s stock after selling 20,640 shares during the period. Public Employees Retirement System of Ohio’s holdings in Norwegian Cruise Line were worth $2,889,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of NCLH. Covestor Ltd increased its stake 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 period. Parkside Financial Bank & Trust grew its stake in shares of Norwegian Cruise Line by 272.7% in 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 during the period. Stonebridge Capital Advisors LLC grew its stake in shares of Norwegian Cruise Line by 46.2% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 1,900 shares of the company’s stock valued at $41,000 after purchasing an additional 600 shares during the period. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Norwegian Cruise Line in the 3rd quarter worth approximately $42,000. Finally, Larson Financial Group LLC lifted 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 worth $59,000 after buying an additional 984 shares during the period. Institutional investors own 60.49% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on NCLH shares. Wells Fargo & Company reiterated an “equal weight” rating and set a $18.00 price objective on shares of Norwegian Cruise Line in a research note on Friday, January 5th. The Goldman Sachs Group assumed coverage on shares of Norwegian Cruise Line in a research report on Wednesday, March 13th. They issued a “neutral” rating and a $19.00 price target on the stock. Barclays raised their price objective on shares of Norwegian Cruise Line from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 28th. Tigress Financial reissued a “strong-buy” rating and issued a $32.00 target price on shares of Norwegian Cruise Line in a report on Friday, December 15th. Finally, Citigroup lowered their target price on Norwegian Cruise Line from $23.00 to $19.00 and set a “neutral” rating for the company in a research note on Monday, February 12th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $20.93.

Check Out Our Latest Research Report on Norwegian Cruise Line

Norwegian Cruise Line Price Performance

Shares of NCLH stock opened at $20.70 on Friday. The firm’s 50 day moving average price is $17.95 and its two-hundred day moving average price is $16.91. 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 52-week low of $12.15 and a 52-week high of $22.75. The stock has a market cap of $8.81 billion, a PE ratio of 73.93, a PEG ratio of 0.42 and a beta of 2.59.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last posted its quarterly earnings results on Tuesday, February 27th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.05). Norwegian Cruise Line had a return on equity of 108.69% and a net margin of 1.94%. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the prior year, the business earned ($1.10) earnings per share. As a group, analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 0.99 EPS for the current year.

Norwegian Cruise Line Company 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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