Skandinaviska Enskilda Banken AB publ grew its position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 33.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,960 shares of the company’s stock after buying an additional 6,200 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Norwegian Cruise Line were worth $1,349,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Alps Advisors Inc. lifted its holdings in shares of Norwegian Cruise Line by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 9,396 shares of the company’s stock worth $510,000 after buying an additional 24 shares during the period. Ameritas Investment Partners Inc. lifted its holdings in shares of Norwegian Cruise Line by 1.9% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,083 shares of the company’s stock worth $222,000 after buying an additional 77 shares during the period. M&T Bank Corp lifted its holdings in shares of Norwegian Cruise Line by 1.4% in the 2nd quarter. M&T Bank Corp now owns 7,609 shares of the company’s stock worth $413,000 after buying an additional 103 shares during the period. Toronto Dominion Bank lifted its holdings in shares of Norwegian Cruise Line by 12.4% in the 2nd quarter. Toronto Dominion Bank now owns 1,956 shares of the company’s stock worth $106,000 after buying an additional 216 shares during the period. Finally, Nordea Investment Management AB lifted its holdings in shares of Norwegian Cruise Line by 7.0% in the 2nd quarter. Nordea Investment Management AB now owns 4,600 shares of the company’s stock worth $250,000 after buying an additional 300 shares during the period. Institutional investors and hedge funds own 89.02% of the company’s stock.

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) opened at $54.34 on Friday. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $42.04 and a 1 year high of $61.48. The stock has a market capitalization of $12,410.00, a PE ratio of 14.89, a P/E/G ratio of 0.57 and a beta of 1.09. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.31 and a current ratio of 0.34.

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

NCLH has been the subject of a number of analyst reports. Goldman Sachs Group restated a “neutral” rating and set a $64.00 price objective (up from $60.00) on shares of Norwegian Cruise Line in a research note on Tuesday, August 15th. Argus initiated coverage on Norwegian Cruise Line in a research note on Wednesday, October 25th. They set a “buy” rating and a $68.00 price objective for the company. Wedbush set a $65.00 price objective on Norwegian Cruise Line and gave the stock a “buy” rating in a research note on Sunday, November 12th. Barclays upped their price objective on Norwegian Cruise Line from $64.00 to $67.00 and gave the stock an “overweight” rating in a research note on Friday, November 10th. Finally, Morgan Stanley upped their price objective on Norwegian Cruise Line from $58.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $63.07.

In other news, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the 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 sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Jason Montague sold 15,000 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $55.08, for a total value of $826,200.00. The disclosure for this sale can be found here. Corporate insiders own 0.98% of the company’s stock.

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Norwegian Cruise Line 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 (NASDAQ:NCLH)

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