Norwegian Cruise Line Holdings Ltd. (NCLH) Shares Bought by Los Angeles Capital Management & Equity Research Inc.

Los Angeles Capital Management & Equity Research Inc. lifted its stake in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 71.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 150,560 shares of the company’s stock after purchasing an additional 62,551 shares during the quarter. Los Angeles Capital Management & Equity Research Inc. owned about 0.07% of Norwegian Cruise Line Holdings worth $8,138,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Aviance Capital Management LLC purchased a new position in shares of Norwegian Cruise Line Holdings in the 2nd quarter valued at approximately $103,000. Toronto Dominion Bank raised its position in Norwegian Cruise Line Holdings by 12.4% during 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 last quarter. BB&T Investment Services Inc. purchased a new position in Norwegian Cruise Line Holdings during the 2nd quarter worth approximately $121,000. Pacer Advisors Inc. purchased a new position in Norwegian Cruise Line Holdings during the 2nd quarter worth approximately $197,000. Finally, Ameritas Investment Partners Inc. raised its position in Norwegian Cruise Line Holdings by 1.9% during 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 last quarter. 86.19% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on NCLH shares. Argus started coverage on shares of Norwegian Cruise Line Holdings in a research report on Wednesday, October 25th. They set a “buy” rating and a $68.00 price target for the company. Zacks Investment Research lowered shares of Norwegian Cruise Line Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Stifel Nicolaus reissued a “buy” rating and set a $69.00 price target on shares of Norwegian Cruise Line Holdings in a research report on Thursday, October 12th. Bank of America Corporation initiated coverage on shares of Norwegian Cruise Line Holdings in a report on Monday, July 24th. They set a “buy” rating and a $65.00 target price for the company. Finally, Morgan Stanley lifted their target price on shares of Norwegian Cruise Line Holdings from $58.00 to $62.00 and gave the company an “equal weight” rating in a report on Friday, November 10th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. Norwegian Cruise Line Holdings has an average rating of “Buy” and an average target price of $62.80.

In other Norwegian Cruise Line Holdings news, CEO Jason Montague sold 15,000 shares of Norwegian Cruise Line Holdings stock in a transaction on Monday, November 13th. The shares were sold at an average price of $55.08, for a total transaction of $826,200.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.98% of the company’s stock.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at $54.84 on Friday. Norwegian Cruise Line Holdings Ltd. has a one year low of $38.66 and a one year high of $61.48. The stock has a market cap of $12,528.97, a price-to-earnings ratio of 15.02, a P/E/G ratio of 0.58 and a beta of 1.12. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 1.08.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its earnings results on Thursday, November 9th. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.04. Norwegian Cruise Line Holdings had a net margin of 13.91% and a return on equity of 16.97%. The company had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the previous year, the company posted $1.62 EPS. The firm’s quarterly revenue was up 11.2% on a year-over-year basis. equities analysts expect that Norwegian Cruise Line Holdings Ltd. will post 3.69 earnings per share for the current fiscal year.

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Norwegian Cruise Line Holdings 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.

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

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