Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 6.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,305,968 shares of the company’s stock after purchasing an additional 76,794 shares during the quarter. Victory Capital Management Inc. owned approximately 0.31% of Norwegian Cruise Line worth $26,172,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NCLH. State of Michigan Retirement System lifted its position in shares of Norwegian Cruise Line by 0.7% during the 4th quarter. State of Michigan Retirement System now owns 116,479 shares of the company’s stock valued at $2,334,000 after buying an additional 800 shares in the last quarter. Avantax Advisory Services Inc. grew its position in shares of Norwegian Cruise Line by 1.0% in the third quarter. Avantax Advisory Services Inc. now owns 89,063 shares of the company’s stock valued at $1,468,000 after purchasing an additional 909 shares during the period. Treasurer of the State of North Carolina increased its stake in shares of Norwegian Cruise Line by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 185,665 shares of the company’s stock worth $3,060,000 after purchasing an additional 950 shares in the last quarter. Larson Financial Group LLC raised 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 purchasing an additional 984 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its position in shares of Norwegian Cruise Line by 2.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 43,724 shares of the company’s stock worth $721,000 after purchasing an additional 1,110 shares during the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Up 3.1 %

Shares of NYSE NCLH opened at $16.08 on Thursday. The company has a market capitalization of $6.90 billion, a P/E ratio of 22.97, a P/E/G ratio of 0.31 and a beta of 2.59. The company has a debt-to-equity ratio of 33.16, a current ratio of 0.24 and a quick ratio of 0.22. The company has a 50 day simple moving average of $19.05 and a 200-day simple moving average of $17.53. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $12.70 and a 1 year high of $22.75.

Norwegian Cruise Line (NYSE:NCLH) last posted its 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 136.20% and a net margin of 3.84%. The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same period last year, the business earned ($1.10) EPS. On average, equities research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on NCLH shares. StockNews.com upgraded Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Wednesday. Barclays reduced their price objective on Norwegian Cruise Line from $21.00 to $20.00 and set an “equal weight” rating for the company in a research note on Thursday, May 2nd. Morgan Stanley lifted their target price on shares of Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 5th. Citigroup reduced their target price on shares of Norwegian Cruise Line from $23.00 to $19.00 and set a “neutral” rating for the company in a research report on Monday, February 12th. Finally, Truist Financial boosted their price target on shares of Norwegian Cruise Line from $17.00 to $20.00 and gave the stock a “hold” rating in a research report on Friday, March 1st. One analyst has rated the stock with a sell rating, nine have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $20.67.

About Norwegian Cruise Line

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.