Wealthcare Advisory Partners LLC Sells 1,340 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Wealthcare Advisory Partners LLC lessened its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 6.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,835 shares of the company’s stock after selling 1,340 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Norwegian Cruise Line were worth $436,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Research Global Investors raised its stake in Norwegian Cruise Line by 87.8% in the 4th quarter. Capital Research Global Investors now owns 57,049,928 shares of the company’s stock worth $1,143,285,000 after purchasing an additional 26,676,150 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Norwegian Cruise Line by 2.1% in the third quarter. Vanguard Group Inc. now owns 49,697,071 shares of the company’s stock valued at $819,008,000 after buying an additional 1,031,053 shares during the period. Norges Bank acquired a new stake in Norwegian Cruise Line during the fourth quarter worth approximately $83,243,000. Dimensional Fund Advisors LP raised its holdings in Norwegian Cruise Line by 58.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,105,324 shares of the company’s stock valued at $62,240,000 after acquiring an additional 1,141,086 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Norwegian Cruise Line by 6.2% during the 4th quarter. Victory Capital Management Inc. now owns 1,305,968 shares of the company’s stock valued at $26,172,000 after acquiring an additional 76,794 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Insider Activity at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Zillah Byng-Thorne acquired 13,360 shares of the company’s stock in a transaction on Friday, May 31st. The shares were purchased at an average cost of $16.50 per share, with a total value of $220,440.00. Following the completion of the purchase, the director now owns 13,360 shares of the company’s stock, valued at $220,440. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.87% of the stock is currently owned by insiders.

Norwegian Cruise Line Trading Up 0.8 %

NYSE NCLH opened at $18.79 on Monday. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $12.70 and a 12 month high of $22.75. The company has a current ratio of 0.24, a quick ratio of 0.22 and a debt-to-equity ratio of 33.16. The firm has a market capitalization of $8.06 billion, a PE ratio of 26.84, a price-to-earnings-growth ratio of 0.31 and a beta of 2.62. The business’s 50-day moving average price is $17.18 and its two-hundred day moving average price is $18.08.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05. Norwegian Cruise Line had a net margin of 3.84% and a return on equity of 136.20%. The business had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.24 billion. On average, analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.17 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently commented on NCLH. Deutsche Bank Aktiengesellschaft raised their price target on Norwegian Cruise Line from $18.00 to $20.00 and gave the stock a “hold” rating in a research report on Tuesday, May 21st. Susquehanna cut their price target on shares of Norwegian Cruise Line from $21.00 to $18.00 and set a “neutral” rating for the company in a report on Thursday, May 2nd. Wells Fargo & Company increased their price target on shares of Norwegian Cruise Line from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 21st. Stifel Nicolaus boosted their price objective on shares of Norwegian Cruise Line from $25.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, May 21st. Finally, The Goldman Sachs Group lifted their price target on Norwegian Cruise Line from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Tuesday, May 28th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $21.79.

Norwegian Cruise Line Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.