Atlas Capital Advisors LLC lessened its position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 88.1% during the third quarter, Holdings Channel reports. The fund owned 733 shares of the company’s stock after selling 5,442 shares during the period. Atlas Capital Advisors LLC’s holdings in Norwegian Cruise Line were worth $38,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC increased its stake in Norwegian Cruise Line by 11.1% in the second quarter. CIBC Private Wealth Group LLC now owns 6,570 shares of the company’s stock valued at $352,000 after acquiring an additional 659 shares during the last quarter. Aperio Group LLC grew its stake in shares of Norwegian Cruise Line by 11.2% during the second quarter. Aperio Group LLC now owns 27,296 shares of the company’s stock valued at $1,464,000 after buying an additional 2,745 shares during the last quarter. First Hawaiian Bank grew its stake in shares of Norwegian Cruise Line by 55.7% during the second quarter. First Hawaiian Bank now owns 6,641 shares of the company’s stock valued at $356,000 after buying an additional 2,376 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Norwegian Cruise Line by 403.7% during the second quarter. Victory Capital Management Inc. now owns 280,190 shares of the company’s stock valued at $15,027,000 after buying an additional 224,569 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its stake in shares of Norwegian Cruise Line by 1.5% during the second quarter. Crossmark Global Holdings Inc. now owns 18,640 shares of the company’s stock valued at $1,000,000 after buying an additional 267 shares during the last quarter. 88.85% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line stock opened at $51.82 on Friday. The firm has a 50-day moving average of $50.72 and a 200-day moving average of $52.15. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $39.36 and a 1-year high of $59.71.

Norwegian Cruise Line (NASDAQ:NCLH) last posted its earnings results on Thursday, November 7th. The company reported $2.23 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.15 by $0.08. The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.89 billion. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.27 earnings per share.

In other news, CEO Rio Frank J. Del sold 2,456 shares of the stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $50.23, for a total transaction of $123,364.88. Following the completion of the sale, the chief executive officer now directly owns 404,094 shares in the company, valued at $20,297,641.62. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Andrew Stuart sold 25,000 shares of the stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $50.01, for a total transaction of $1,250,250.00. Following the sale, the chief executive officer now owns 356,873 shares of the company’s stock, valued at $17,847,218.73. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,300 shares of company stock valued at $2,280,618. 0.98% of the stock is currently owned by company insiders.

A number of research analysts have recently issued reports on the company. SunTrust Banks raised their price objective on Norwegian Cruise Line from $71.00 to $72.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Deutsche Bank reaffirmed a “buy” rating on shares of Norwegian Cruise Line in a research note on Friday. Buckingham Research raised Norwegian Cruise Line from a “neutral” rating to a “buy” rating and raised their price objective for the company from $56.00 to $61.00 in a research note on Friday, August 9th. Zacks Investment Research cut Norwegian Cruise Line from a “hold” rating to a “sell” rating and set a $55.00 price objective on the stock. in a research note on Wednesday, October 30th. Finally, Wedbush set a $65.00 price objective on Norwegian Cruise Line and gave the company a “buy” rating in a research note on Thursday, September 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fifteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $64.75.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

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

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