Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 7.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,470 shares of the company’s stock after buying an additional 1,100 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Norwegian Cruise Line were worth $840,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NCLH. Aviance Capital Management LLC purchased a new stake in shares of Norwegian Cruise Line in the second quarter valued at approximately $103,000. Toronto Dominion Bank boosted its stake in shares of Norwegian Cruise Line by 12.4% in the second quarter. Toronto Dominion Bank now owns 1,956 shares of the company’s stock valued at $106,000 after buying an additional 216 shares in the last quarter. BB&T Investment Services Inc. purchased a new stake in shares of Norwegian Cruise Line in the second quarter valued at approximately $121,000. Pacer Advisors Inc. purchased a new stake in shares of Norwegian Cruise Line in the second quarter valued at approximately $197,000. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of Norwegian Cruise Line in the third quarter valued at approximately $202,000. 89.02% of the stock is currently owned by institutional investors.

In other news, CEO Jason Montague sold 15,000 shares of the company’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $55.08, for a total value of $826,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $54.11, for a total value of $270,550,000.00. The disclosure for this sale can be found here. 0.98% of the stock is currently owned by insiders.

Norwegian Cruise Line Holdings Ltd. (NCLH) opened at $52.81 on Friday. The company has a market capitalization of $12,145.14, a price-to-earnings ratio of 14.56, a P/E/G ratio of 0.56 and a beta of 1.09. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $42.04 and a 12 month high of $61.48. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.34 and a quick ratio of 0.31.

Norwegian Cruise Line (NASDAQ:NCLH) last released its earnings results on Thursday, November 9th. The company reported $1.86 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.82 by $0.04. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.64 billion. Norwegian Cruise Line had a return on equity of 16.97% and a net margin of 13.91%. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.62 earnings per share. equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post 3.66 EPS for the current fiscal year.

A number of analysts recently weighed in on NCLH shares. Zacks Investment Research downgraded Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Stifel Nicolaus restated a “buy” rating and issued a $69.00 price target on shares of Norwegian Cruise Line in a research note on Thursday, October 12th. Argus initiated coverage on Norwegian Cruise Line in a report on Wednesday, October 25th. They set a “buy” rating and a $68.00 price objective for the company. Morgan Stanley lifted their price objective on Norwegian Cruise Line from $58.00 to $62.00 and gave the stock an “equal weight” rating in a report on Friday, November 10th. Finally, Barclays lifted their price objective on Norwegian Cruise Line from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $63.07.

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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.

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

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