Macquarie Group Ltd. grew its holdings in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 46.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 770,309 shares of the company’s stock after acquiring an additional 244,935 shares during the period. Macquarie Group Ltd. owned about 0.34% of Norwegian Cruise Line worth $41,635,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently bought and sold shares of NCLH. Janus Henderson Group PLC lifted its position in shares of Norwegian Cruise Line by 2,659.1% in the second quarter. Janus Henderson Group PLC now owns 7,409,748 shares of the company’s stock worth $402,275,000 after buying an additional 7,141,190 shares in the last quarter. Fred Alger Management Inc. bought a new stake in Norwegian Cruise Line during the second quarter worth approximately $63,312,000. Dimensional Fund Advisors LP increased its stake in Norwegian Cruise Line by 33.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,400,494 shares of the company’s stock worth $130,326,000 after acquiring an additional 598,321 shares during the last quarter. Capital World Investors increased its stake in Norwegian Cruise Line by 6.0% during the second quarter. Capital World Investors now owns 10,004,516 shares of the company’s stock worth $543,145,000 after acquiring an additional 569,196 shares during the last quarter. Finally, Marshall Wace North America L.P. bought a new stake in Norwegian Cruise Line during the second quarter worth approximately $28,158,000. Institutional investors own 89.02% of the company’s stock.
In other Norwegian Cruise Line news, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $54.11, for a total transaction of $270,550,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jason Montague sold 15,000 shares of the company’s stock in a transaction on Monday, November 13th. The stock was 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. 0.98% of the stock is owned by corporate insiders.
Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded up $0.03 during midday trading on Thursday, hitting $54.34. The company had a trading volume of 1,132,775 shares, compared to its average volume of 1,866,786. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $12,412.44, a price-to-earnings ratio of 14.89, a price-to-earnings-growth ratio of 0.57 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.
Norwegian Cruise Line (NASDAQ:NCLH) last announced its quarterly earnings results on Thursday, November 9th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. Norwegian Cruise Line’s quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.62 earnings per share. equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 3.66 earnings per share for the current year.
Several brokerages have weighed in on NCLH. Deutsche Bank boosted their price objective on Norwegian Cruise Line from $53.00 to $59.00 and gave the stock a “hold” rating in a research note on Wednesday, August 9th. Barclays boosted their price objective on Norwegian Cruise Line from $59.00 to $64.00 and gave the stock an “overweight” rating in a research note on Thursday, August 10th. Zacks Investment Research cut Norwegian Cruise Line from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th. Stifel Nicolaus reissued a “buy” rating and set a $69.00 price objective on shares of Norwegian Cruise Line in a research note on Thursday, October 12th. Finally, Argus began coverage on Norwegian Cruise Line in a research note on Wednesday, October 25th. They set a “buy” rating and a $68.00 target price on the stock. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $63.07.
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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.
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