Raymond James Financial Services Advisors Inc. Has $2.30 Million Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Raymond James Financial Services Advisors Inc. boosted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Rating) by 26.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 202,544 shares of the company’s stock after buying an additional 41,886 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Norwegian Cruise Line were worth $2,301,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of NCLH. Covestor Ltd raised its holdings in Norwegian Cruise Line by 5,020.8% in the first quarter. Covestor Ltd now owns 1,229 shares of the company’s stock worth $27,000 after purchasing an additional 1,205 shares during the period. Truvestments Capital LLC acquired a new stake in Norwegian Cruise Line in the second quarter worth $28,000. Pacifica Partners Inc. raised its holdings in Norwegian Cruise Line by 2,336.4% in the second quarter. Pacifica Partners Inc. now owns 2,607 shares of the company’s stock worth $34,000 after purchasing an additional 2,500 shares during the period. Venture Visionary Partners LLC acquired a new stake in Norwegian Cruise Line in the second quarter worth $34,000. Finally, PSI Advisors LLC raised its holdings in Norwegian Cruise Line by 62.7% in the third quarter. PSI Advisors LLC now owns 3,375 shares of the company’s stock worth $38,000 after purchasing an additional 1,300 shares during the period. 57.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Jason Montague sold 32,879 shares of Norwegian Cruise Line stock in a transaction dated Thursday, November 10th. The shares were sold at an average price of $16.49, for a total value of $542,174.71. Following the completion of the transaction, the chief executive officer now owns 226,002 shares of the company’s stock, valued at approximately $3,726,772.98. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Norwegian Cruise Line news, CFO Mark Kempa sold 25,000 shares of Norwegian Cruise Line stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $18.54, for a total value of $463,500.00. Following the completion of the sale, the chief financial officer now owns 197,651 shares in the company, valued at approximately $3,664,449.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jason Montague sold 32,879 shares of Norwegian Cruise Line stock in a transaction dated Thursday, November 10th. The stock was sold at an average price of $16.49, for a total transaction of $542,174.71. Following the completion of the sale, the chief executive officer now owns 226,002 shares of the company’s stock, valued at approximately $3,726,772.98. The disclosure for this sale can be found here. Insiders sold a total of 159,951 shares of company stock valued at $2,859,054 in the last quarter. Company insiders own 0.77% of the company’s stock.

Norwegian Cruise Line Stock Up 1.8 %

Norwegian Cruise Line stock opened at $15.63 on Tuesday. The company has a fifty day simple moving average of $15.04 and a 200 day simple moving average of $14.06. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $10.31 and a 1-year high of $23.90. The company has a market cap of $6.59 billion, a P/E ratio of -1.89 and a beta of 2.48. The company has a current ratio of 0.46, a quick ratio of 0.43 and a debt-to-equity ratio of 32.25.

Norwegian Cruise Line (NYSE:NCLHGet Rating) last announced its quarterly earnings data on Tuesday, November 8th. The company reported ($0.70) EPS for the quarter, beating analysts’ consensus estimates of ($0.75) by $0.05. Norwegian Cruise Line had a negative net margin of 88.14% and a negative return on equity of 180.24%. The company had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.58 billion. Research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post -4.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on NCLH. Credit Suisse Group lowered shares of Norwegian Cruise Line from an “outperform” rating to an “underperform” rating and cut their target price for the stock from $20.00 to $14.00 in a report on Thursday, November 17th. Wells Fargo & Company increased their price objective on shares of Norwegian Cruise Line from $15.00 to $20.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 9th. JPMorgan Chase & Co. reissued an “overweight” rating and set a $30.00 price objective (down previously from $35.00) on shares of Norwegian Cruise Line in a research report on Tuesday, December 6th. Tigress Financial reissued a “strong-buy” rating and set a $32.00 price objective on shares of Norwegian Cruise Line in a research report on Friday, October 21st. Finally, Barclays increased their price objective on shares of Norwegian Cruise Line from $14.00 to $16.00 and gave the stock an “equal weight” rating in a research report on Monday, September 19th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Norwegian Cruise Line currently has an average rating of “Hold” and an average price target of $19.04.

About Norwegian Cruise Line

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Norwegian Cruise Line Holdings Ltd. engages in the provision of cruise travel services. It provides cruise experiences for travelers with itineraries in Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii. It also offers an entirely inter-island itinerary in Hawaii.

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

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