Dimensional Fund Advisors LP grew its stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 33.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,400,494 shares of the company’s stock after buying an additional 598,321 shares during the period. Dimensional Fund Advisors LP owned 1.05% of Norwegian Cruise Line Holdings worth $130,326,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Norwegian Cruise Line Holdings by 3.5% during the second quarter. Vanguard Group Inc. now owns 12,863,375 shares of the company’s stock valued at $698,352,000 after buying an additional 431,979 shares during the period. Janus Capital Management LLC increased its position in shares of Norwegian Cruise Line Holdings by 14.3% during the first quarter. Janus Capital Management LLC now owns 8,019,411 shares of the company’s stock valued at $406,820,000 after buying an additional 1,001,491 shares during the period. BlackRock Inc. increased its position in shares of Norwegian Cruise Line Holdings by 4,913.5% during the first quarter. BlackRock Inc. now owns 7,568,962 shares of the company’s stock valued at $383,975,000 after buying an additional 7,417,990 shares during the period. State Street Corp increased its position in shares of Norwegian Cruise Line Holdings by 2.6% during the first quarter. State Street Corp now owns 2,914,873 shares of the company’s stock valued at $147,863,000 after buying an additional 73,722 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Norwegian Cruise Line Holdings by 6.8% during the first quarter. Geode Capital Management LLC now owns 1,305,129 shares of the company’s stock valued at $66,187,000 after buying an additional 82,694 shares during the period. Hedge funds and other institutional investors own 85.80% of the company’s stock.

In other Norwegian Cruise Line Holdings news, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of Norwegian Cruise Line Holdings stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $54.57, for a total value of $306,956,250.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Harry Sommer sold 11,807 shares of Norwegian Cruise Line Holdings stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $58.42, for a total value of $689,764.94. Following the completion of the sale, the executive vice president now directly owns 42,195 shares in the company, valued at approximately $2,465,031.90. The disclosure for this sale can be found here. 0.98% of the stock is currently owned by company insiders.

Several brokerages have recently weighed in on NCLH. Deutsche Bank AG upped their price target on Norwegian Cruise Line Holdings from $53.00 to $59.00 and gave the company a “hold” rating in a research report on Wednesday, August 9th. Barclays PLC upped their price target on Norwegian Cruise Line Holdings from $59.00 to $64.00 and gave the company an “overweight” rating in a research report on Thursday, August 10th. Bank of America Corporation began coverage on Norwegian Cruise Line Holdings in a research report on Monday, July 24th. They set a “buy” rating and a $65.00 price target on the stock. Zacks Investment Research cut Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Finally, Stifel Nicolaus reiterated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Thursday, August 10th. Ten equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $57.94.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at 54.05 on Friday. The stock has a market cap of $12.33 billion, a price-to-earnings ratio of 18.27 and a beta of 1.15. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $35.21 and a 52 week high of $61.48. The firm has a 50-day moving average price of $57.11 and a 200 day moving average price of $53.34.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.05. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.31 billion. Norwegian Cruise Line Holdings had a return on equity of 16.65% and a net margin of 13.22%. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company earned $0.85 EPS. On average, analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.98 EPS for the current fiscal year.

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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.

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

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