New York State Common Retirement Fund decreased its position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 334,100 shares of the company’s stock after selling 15,301 shares during the quarter. New York State Common Retirement Fund owned 0.15% of Norwegian Cruise Line Holdings worth $18,138,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Columbia Partners L L C Investment Management acquired a new position in shares of Norwegian Cruise Line Holdings during the 2nd quarter worth $1,251,000. Thrivent Financial For Lutherans boosted its position in shares of Norwegian Cruise Line Holdings by 7.8% in the 2nd quarter. Thrivent Financial For Lutherans now owns 435,150 shares of the company’s stock worth $23,625,000 after buying an additional 31,660 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Norwegian Cruise Line Holdings by 10.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,278 shares of the company’s stock worth $232,000 after buying an additional 388 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of Norwegian Cruise Line Holdings by 23.7% in the 2nd quarter. ProShare Advisors LLC now owns 65,990 shares of the company’s stock worth $3,583,000 after buying an additional 12,664 shares in the last quarter. Finally, Profund Advisors LLC boosted its position in shares of Norwegian Cruise Line Holdings by 9.1% in the 2nd quarter. Profund Advisors LLC now owns 15,629 shares of the company’s stock worth $848,000 after buying an additional 1,309 shares in the last quarter. 85.80% of the stock is currently owned by institutional investors and hedge funds.

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

A number of brokerages recently commented on NCLH. Barclays PLC increased their price objective on shares of Norwegian Cruise Line Holdings from $59.00 to $64.00 and gave the company an “overweight” rating in a research note on Thursday, August 10th. Stifel Nicolaus restated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Thursday, August 10th. Buckingham Research lifted their target price on shares of Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Nomura upped their price target on shares of Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the company a “buy” rating in a report on Wednesday, August 9th. Finally, UBS AG reaffirmed a “neutral” rating and issued a $60.00 price target (up previously from $51.00) on shares of Norwegian Cruise Line Holdings in a 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 company’s stock. The company has an average rating of “Buy” and an average price target of $57.94.

Norwegian Cruise Line Holdings Ltd. (NCLH) opened at 54.05 on Monday. The stock has a market cap of $12.33 billion, a price-to-earnings ratio of 18.27 and a beta of 1.12. The firm’s 50 day moving average price is $57.11 and its 200-day moving average price is $53.34. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $35.21 and a 52 week high of $61.48.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its quarterly earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share (EPS) for the quarter, beating the Zacks’ 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 for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the previous year, the business earned $0.85 earnings per share. The firm’s revenue was up 13.3% compared to the same quarter last year. Analysts expect that Norwegian Cruise Line Holdings Ltd. will post $3.98 EPS for the current year.

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About Norwegian Cruise Line Holdings

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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