Sei Investments Co. increased its stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 66.2% during the second quarter, Holdings Channel reports. The firm owned 118,813 shares of the company’s stock after buying an additional 47,334 shares during the period. Sei Investments Co.’s holdings in Norwegian Cruise Line Holdings were worth $6,449,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Quantbot Technologies LP bought a new position in Norwegian Cruise Line Holdings during the first quarter valued at $116,000. Acadian Asset Management LLC bought a new position in Norwegian Cruise Line Holdings during the first quarter valued at $146,000. Ameritas Investment Partners Inc. bought a new position in Norwegian Cruise Line Holdings during the first quarter valued at $203,000. Nomura Holdings Inc. bought a new position in Norwegian Cruise Line Holdings during the first quarter valued at $204,000. Finally, Teza Capital Management LLC bought a new position in Norwegian Cruise Line Holdings during the first quarter valued at $215,000. Institutional investors own 85.69% of the company’s stock.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) opened at 57.46 on Tuesday. The company has a market capitalization of $13.11 billion, a price-to-earnings ratio of 19.42 and a beta of 1.16. The firm’s 50-day moving average is $55.39 and its 200 day moving average is $51.83. 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 posted its quarterly 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. 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 the consensus estimate of $1.31 billion. During the same quarter last year, the firm posted $0.85 EPS. Norwegian Cruise Line Holdings’s revenue was up 13.3% compared to the same quarter last year. On average, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post $3.97 earnings per share for the current year.

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Several research firms have recently weighed in on NCLH. Barclays PLC upped their price target on shares of Norwegian Cruise Line Holdings from $59.00 to $64.00 and gave the company an “overweight” rating in a report on Thursday, August 10th. Stifel Nicolaus reiterated a “buy” rating on shares of Norwegian Cruise Line Holdings in a report on Thursday, August 10th. Wedbush reiterated a “buy” rating on shares of Norwegian Cruise Line Holdings in a report on Saturday, May 13th. Buckingham Research upped their price target on shares of Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, August 9th. Finally, Nomura increased their target price on shares of Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Ten research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Norwegian Cruise Line Holdings presently has an average rating of “Buy” and a consensus price target of $56.94.

In other Norwegian Cruise Line Holdings news, CEO Jason Montague sold 15,000 shares of Norwegian Cruise Line Holdings stock in a transaction 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 transaction, the chief executive officer now directly owns 72,831 shares of the company’s stock, valued at approximately $3,878,979.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.98% of the stock is owned by 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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