Shell Asset Management Co. maintained its position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) during the second quarter, Holdings Channel reports. The firm owned 9,160 shares of the company’s stock at the end of the second quarter. Shell Asset Management Co.’s holdings in Norwegian Cruise Line Holdings were worth $497,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in NCLH. Amalgamated Bank boosted its position in 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 buying an additional 202 shares in the last quarter. Morgan Stanley boosted its position in Norwegian Cruise Line Holdings by 82.1% in the first quarter. Morgan Stanley now owns 251,407 shares of the company’s stock worth $12,753,000 after buying an additional 113,323 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in Norwegian Cruise Line Holdings by 83.3% in the first quarter. Canada Pension Plan Investment Board now owns 69,451 shares of the company’s stock worth $3,523,000 after buying an additional 31,558 shares in the last quarter. Prudential Financial Inc. boosted its position in Norwegian Cruise Line Holdings by 26.1% in the first quarter. Prudential Financial Inc. now owns 267,844 shares of the company’s stock worth $13,588,000 after buying an additional 55,469 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. boosted its position in Norwegian Cruise Line Holdings by 6.7% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,241 shares of the company’s stock worth $201,000 after buying an additional 266 shares in the last quarter. 85.69% of the stock is owned by institutional investors and hedge funds.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) opened at 57.46 on Tuesday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $34.16 and a 12-month high of $61.48. The company’s 50-day moving average is $55.39 and its 200-day moving average is $51.83. The company has a market capitalization of $13.11 billion, a price-to-earnings ratio of 19.42 and a beta of 1.16.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the firm posted $0.85 earnings per share. Norwegian Cruise Line Holdings’s revenue for the quarter was up 13.3% compared to the same quarter last year. Analysts predict that Norwegian Cruise Line Holdings Ltd. will post $3.97 EPS for the current year.

TRADEMARK VIOLATION WARNING: This story was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://www.watchlistnews.com/shell-asset-management-co-maintains-stake-in-norwegian-cruise-line-holdings-ltd-nclh/1488519.html.

A number of equities analysts have commented on NCLH shares. Zacks Investment Research raised shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a research note on Wednesday, April 26th. Wedbush raised shares of Norwegian Cruise Line Holdings from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $54.00 to $61.00 in a research note on Friday, May 26th. Bank of America Corporation started 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 price target for the company. ValuEngine raised shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, June 1st. Finally, UBS AG reissued a “neutral” rating and issued a $60.00 price target (up previously from $51.00) on shares of Norwegian Cruise Line Holdings in a research note on Thursday, August 10th. Ten research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $56.94.

In related news, CEO Jason Montague sold 15,000 shares of the firm’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 completion of the transaction, the chief executive officer now directly 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 SEC, which is available at the SEC website. Company insiders own 0.98% of the company’s stock.

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.

Want to see what other hedge funds are holding NCLH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH).

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

Receive News & Ratings for Norwegian Cruise Line Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line Holdings Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.