Seven Eight Capital LP cut its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 41.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,175 shares of the company’s stock after selling 5,900 shares during the quarter. Seven Eight Capital LP’s holdings in Norwegian Cruise Line Holdings were worth $444,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Alps Advisors Inc. raised its holdings in Norwegian Cruise Line Holdings by 0.3% during the second quarter. Alps Advisors Inc. now owns 9,396 shares of the company’s stock valued at $510,000 after acquiring an additional 24 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in shares of Norwegian Cruise Line Holdings by 0.3% in the first quarter. Nomura Asset Management Co. Ltd. now owns 20,900 shares of the company’s stock worth $1,060,000 after purchasing an additional 64 shares during the last quarter. Amalgamated Bank increased its holdings in shares of Norwegian Cruise Line Holdings by 2.4% in the first quarter. Amalgamated Bank now owns 8,718 shares of the company’s stock worth $442,000 after purchasing an additional 202 shares during the last quarter. Cambridge Trust Co. increased its holdings in shares of Norwegian Cruise Line Holdings by 1.9% in the second quarter. Cambridge Trust Co. now owns 13,005 shares of the company’s stock worth $706,000 after purchasing an additional 238 shares during the last quarter. Finally, World Asset Management Inc increased its holdings in shares of Norwegian Cruise Line Holdings by 5.0% in the first quarter. World Asset Management Inc now owns 6,006 shares of the company’s stock worth $305,000 after purchasing an additional 288 shares during the last quarter. 85.80% of the stock is currently owned by institutional investors and hedge funds.

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In other Norwegian Cruise Line Holdings news, EVP Harry Sommer sold 11,807 shares of the stock in a transaction dated Tuesday, August 15th. The shares were 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 owns 42,195 shares in the company, valued at approximately $2,465,031.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $54.57, for a total transaction of $306,956,250.00. The disclosure for this sale can be found here. 0.98% of the stock is currently owned by corporate insiders.

Several equities research analysts have recently issued reports on the company. BidaskClub cut Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a report on Sunday, July 16th. Nomura lifted their target price on Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a $64.00 target price (up from $60.00) on shares of Norwegian Cruise Line Holdings in a report on Tuesday, August 15th. Buckingham Research lifted their target price on Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Finally, Deutsche Bank AG lifted their target price on Norwegian Cruise Line Holdings from $53.00 to $59.00 and gave the stock a “hold” rating in a report on Wednesday, August 9th. Ten analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $57.94.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at 56.74 on Monday. The firm’s 50-day moving average price is $57.06 and its 200 day moving average price is $53.23. The company has a market capitalization of $12.95 billion, a PE ratio of 19.18 and a beta of 1.15. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $35.19 and a 52 week high of $61.48.

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

Norwegian Cruise Line Holdings 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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