HL Financial Services LLC Purchases Shares of 7,069 Norwegian Cruise Line Holdings Ltd. (NCLH)

HL Financial Services LLC acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,069 shares of the company’s stock, valued at approximately $376,000.

Several other institutional investors also recently made changes to their positions in NCLH. PNC Financial Services Group Inc. lifted its stake in Norwegian Cruise Line by 10.0% in the second quarter. PNC Financial Services Group Inc. now owns 4,278 shares of the company’s stock valued at $232,000 after buying an additional 388 shares during the last quarter. Suntrust Banks Inc. increased its holdings in shares of Norwegian Cruise Line by 9.6% in the second quarter. Suntrust Banks Inc. now owns 8,285 shares of the company’s stock valued at $449,000 after purchasing an additional 728 shares during the period. Nordea Investment Management AB increased its holdings in shares of Norwegian Cruise Line by 7.0% in the second quarter. Nordea Investment Management AB now owns 4,600 shares of the company’s stock valued at $250,000 after purchasing an additional 300 shares during the period. Stifel Financial Corp increased its holdings in shares of Norwegian Cruise Line by 19.5% in the second quarter. Stifel Financial Corp now owns 25,865 shares of the company’s stock valued at $1,398,000 after purchasing an additional 4,216 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of Norwegian Cruise Line by 16.3% in the second quarter. Royal Bank of Canada now owns 70,947 shares of the company’s stock valued at $3,852,000 after purchasing an additional 9,943 shares during the period. 88.85% of the stock is owned by institutional investors and hedge funds.

In related news, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the firm’s stock in a transaction that occurred on 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 filing with the SEC, which is accessible through the SEC website. Company insiders own 0.98% of the company’s stock.

A number of research analysts recently weighed in on NCLH shares. Macquarie lowered Norwegian Cruise Line from a “neutral” rating to an “underperform” rating and set a $47.00 price objective on the stock. in a report on Thursday, November 30th. Zacks Investment Research lowered Norwegian Cruise Line from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. Tigress Financial reissued a “buy” rating on shares of Norwegian Cruise Line in a report on Monday, November 27th. Argus began coverage on Norwegian Cruise Line in a research report on Wednesday, October 25th. They issued a “buy” rating and a $68.00 price objective on the stock. Finally, BidaskClub downgraded Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. One analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $63.38.

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded up $0.89 during trading hours on Wednesday, reaching $58.39. The company’s stock had a trading volume of 548,804 shares, compared to its average volume of 1,628,992. The company has a market cap of $13,140.00, a P/E ratio of 18.14, a PEG ratio of 0.56 and a beta of 1.17. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $46.96 and a 52 week high of $61.48. The company has a current ratio of 0.34, a quick ratio of 0.31 and a debt-to-equity ratio of 1.08.

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About Norwegian Cruise Line

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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