Public Employees Retirement Association of Colorado decreased its position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 0.0% during the second quarter, Holdings Channel reports. The fund owned 32,889 shares of the company’s stock after selling 2 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Norwegian Cruise Line Holdings were worth $1,786,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in NCLH. Sumitomo Mitsui Asset Management Company LTD boosted its stake in Norwegian Cruise Line Holdings by 5.7% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 11,828 shares of the company’s stock valued at $600,000 after buying an additional 635 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Norwegian Cruise Line Holdings by 23.0% in the first quarter. Russell Investments Group Ltd. now owns 186,378 shares of the company’s stock valued at $9,459,000 after buying an additional 34,851 shares in the last quarter. Shell Asset Management Co. boosted its stake in Norwegian Cruise Line Holdings by 4.8% in the first quarter. Shell Asset Management Co. now owns 9,160 shares of the company’s stock valued at $465,000 after buying an additional 421 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Norwegian Cruise Line Holdings by 55.0% in the first quarter. Janney Montgomery Scott LLC now owns 10,930 shares of the company’s stock valued at $554,000 after buying an additional 3,879 shares in the last quarter. Finally, First Citizens Bank & Trust Co. purchased a new stake in Norwegian Cruise Line Holdings during the first quarter valued at about $261,000. Institutional investors own 86.18% of the company’s stock.

Norwegian Cruise Line Holdings Ltd. (NCLH) opened at 56.77 on Friday. The company has a market cap of $12.95 billion, a price-to-earnings ratio of 19.19 and a beta of 1.16. The stock has a 50 day moving average of $55.31 and a 200-day moving average of $51.71. Norwegian Cruise Line Holdings Ltd. has a one year low of $34.16 and a one year high of $61.48.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its earnings results on Tuesday, August 8th. The company reported $1.02 EPS for the quarter, topping 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 firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the previous year, the firm earned $0.85 earnings per share. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. On average, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post $3.96 EPS for the current fiscal year.

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NCLH has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a research note on Wednesday, April 26th. Wedbush upgraded shares of Norwegian Cruise Line Holdings from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $54.00 to $61.00 in a research note on Friday, May 26th. Bank of America Corporation initiated coverage on shares of Norwegian Cruise Line Holdings in a research note on Monday, July 24th. They issued a “buy” rating and a $65.00 target price on the stock. ValuEngine upgraded shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, June 1st. Finally, Berenberg Bank reiterated a “buy” rating and issued a $65.00 target price on shares of Norwegian Cruise Line Holdings in a research note on Wednesday, June 28th. Ten research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $56.94.

In other news, CEO Jason Montague sold 15,000 shares of the business’s stock in a transaction on Monday, June 19th. The shares were sold at an average price of $53.26, for a total value of $798,900.00. Following the transaction, the chief executive officer now owns 72,831 shares of the company’s stock, valued at $3,878,979.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.98% of the stock is currently 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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