Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) Holdings Raised by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. raised its position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 62.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 717,597 shares of the company’s stock after purchasing an additional 275,763 shares during the quarter. Schwab Charles Investment Management Inc. owned 0.31% of Norwegian Cruise Line worth $38,213,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Ameritas Investment Partners Inc. grew its stake in Norwegian Cruise Line by 1.9% during the second quarter. Ameritas Investment Partners Inc. now owns 4,083 shares of the company’s stock worth $222,000 after purchasing an additional 77 shares during the period. Toronto Dominion Bank grew its stake in Norwegian Cruise Line by 12.4% in the second quarter. Toronto Dominion Bank now owns 1,956 shares of the company’s stock valued at $106,000 after acquiring an additional 216 shares during the period. PNC Financial Services Group Inc. grew 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 acquiring an additional 388 shares during the period. Caisse DE Depot ET Placement DU Quebec grew its stake in Norwegian Cruise Line by 7.7% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 15,470 shares of the company’s stock valued at $840,000 after acquiring an additional 1,100 shares during the period. Finally, Principal Financial Group Inc. grew its stake in Norwegian Cruise Line by 4.1% in the third quarter. Principal Financial Group Inc. now owns 31,428 shares of the company’s stock valued at $1,698,000 after acquiring an additional 1,246 shares during the period. Hedge funds and other institutional investors own 88.85% of the company’s stock.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded down $0.25 during trading hours on Friday, hitting $59.11. The stock had a trading volume of 1,040,000 shares, compared to its average volume of 1,680,000. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $46.96 and a 12-month high of $61.48. The company has a market cap of $13,500.00, a price-to-earnings ratio of 18.47, a P/E/G ratio of 0.56 and a beta of 1.17. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.34 and a quick ratio of 0.31.

In related news, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the company’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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.98% of the company’s stock.

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. raised Norwegian Cruise Line from a “neutral” rating to an “overweight” rating in a research report on Monday, February 5th. Morgan Stanley lifted their price target on Norwegian Cruise Line from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Friday, February 2nd. BidaskClub upgraded Norwegian Cruise Line from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research lowered Norwegian Cruise Line from a “buy” rating to a “hold” rating in a research note on Tuesday, January 23rd. Finally, SunTrust Banks upgraded Norwegian Cruise Line from a “hold” rating to a “buy” rating in a research note on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $63.38.

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Norwegian Cruise Line 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.

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

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