CIBC Asset Management Inc decreased its position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 24.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,859 shares of the company’s stock after selling 5,534 shares during the period. CIBC Asset Management Inc’s holdings in Norwegian Cruise Line Holdings were worth $915,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. increased its stake in Norwegian Cruise Line Holdings by 4,913.5% in the first quarter. BlackRock Inc. now owns 7,568,962 shares of the company’s stock worth $383,975,000 after buying an additional 7,417,990 shares during the last quarter. Janus Capital Management LLC increased its stake in Norwegian Cruise Line Holdings by 14.3% in the first quarter. Janus Capital Management LLC now owns 8,019,411 shares of the company’s stock worth $406,820,000 after buying an additional 1,001,491 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Norwegian Cruise Line Holdings by 71.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,802,173 shares of the company’s stock worth $91,427,000 after buying an additional 752,126 shares during the last quarter. Columbus Circle Investors increased its stake in Norwegian Cruise Line Holdings by 208.9% in the first quarter. Columbus Circle Investors now owns 648,648 shares of the company’s stock worth $32,906,000 after buying an additional 438,658 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Norwegian Cruise Line Holdings by 3.6% in the first quarter. Vanguard Group Inc. now owns 12,431,396 shares of the company’s stock worth $630,645,000 after buying an additional 434,493 shares during the last quarter. Institutional investors own 86.18% of the company’s stock.

Norwegian Cruise Line Holdings Ltd. (NCLH) opened at 56.77 on Friday. The stock’s 50 day moving average is $55.31 and its 200-day moving average is $51.71. The stock has a market capitalization of $12.95 billion, a PE ratio of 19.19 and a beta of 1.16. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $34.16 and a 52 week high of $61.48.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its earnings results on Tuesday, August 8th. The company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.97 by $0.05. Norwegian Cruise Line Holdings had a net margin of 13.22% and a return on equity of 16.65%. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the prior year, the business earned $0.85 earnings per share. The business’s quarterly revenue was up 13.3% on a year-over-year basis. Equities research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.96 EPS for the current year.

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NCLH has been the subject of a number of research reports. Berenberg Bank reiterated a “buy” rating and set a $65.00 price target on shares of Norwegian Cruise Line Holdings in a research report on Wednesday, June 28th. ValuEngine upgraded shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, June 1st. Wedbush lifted their price target on shares of Norwegian Cruise Line Holdings from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, May 11th. Zacks Investment Research upgraded shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a research report on Wednesday, April 26th. Finally, BidaskClub downgraded shares of Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. Ten research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $56.94.

In related news, CEO Jason Montague sold 15,000 shares of the stock in a transaction that occurred on Monday, June 19th. The shares were sold at an average price of $53.26, for a total transaction of $798,900.00. Following the completion of the sale, the chief executive officer now directly owns 72,831 shares of the company’s stock, valued at $3,878,979.06. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.98% of the stock is owned by corporate insiders.

Norwegian Cruise Line Holdings Company Profile

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 Holdings (NASDAQ:NCLH)

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