Nisa Investment Advisors LLC Increases Stock Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Nisa Investment Advisors LLC lifted its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 5.8% in the fourth quarter, HoldingsChannel reports. The firm owned 86,425 shares of the company’s stock after buying an additional 4,716 shares during the period. Nisa Investment Advisors LLC’s holdings in Norwegian Cruise Line were worth $1,732,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. International Assets Investment Management LLC boosted its stake in Norwegian Cruise Line by 1,934.1% during the fourth quarter. International Assets Investment Management LLC now owns 230,099 shares of the company’s stock worth $4,611,000 after buying an additional 218,787 shares during the period. U S Global Investors Inc. lifted its position in shares of Norwegian Cruise Line by 78.0% during the fourth quarter. U S Global Investors Inc. now owns 47,000 shares of the company’s stock worth $942,000 after purchasing an additional 20,600 shares in the last quarter. State of Michigan Retirement System lifted its position in shares of Norwegian Cruise Line by 0.7% during the fourth quarter. State of Michigan Retirement System now owns 116,479 shares of the company’s stock worth $2,334,000 after purchasing an additional 800 shares in the last quarter. Oak Thistle LLC acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth about $585,000. Finally, Mendota Financial Group LLC acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth about $66,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Performance

NYSE:NCLH opened at $17.77 on Monday. The firm’s fifty day moving average price is $18.67 and its 200 day moving average price is $17.28. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $12.41 and a 1-year high of $22.75. The company has a debt-to-equity ratio of 40.94, a current ratio of 0.22 and a quick ratio of 0.19. The firm has a market cap of $7.56 billion, a price-to-earnings ratio of 63.47, a price-to-earnings-growth ratio of 0.37 and a beta of 2.60.

Norwegian Cruise Line (NYSE:NCLH) last released its earnings results on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.05). Norwegian Cruise Line had a net margin of 1.94% and a return on equity of 108.69%. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same period last year, the business posted ($1.10) EPS. On average, sell-side analysts expect that Norwegian Cruise Line Holdings Ltd. will post 0.99 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Wells Fargo & Company reissued an “equal weight” rating and set a $18.00 price target on shares of Norwegian Cruise Line in a research report on Friday, January 5th. Morgan Stanley raised their price objective on shares of Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an “underweight” rating in a report on Tuesday, March 5th. Susquehanna raised their price objective on shares of Norwegian Cruise Line from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, February 28th. Mizuho began coverage on shares of Norwegian Cruise Line in a report on Tuesday, March 26th. They set a “neutral” rating and a $21.00 price objective on the stock. Finally, Stifel Nicolaus restated a “buy” rating and set a $25.00 target price on shares of Norwegian Cruise Line in a research report on Tuesday, April 9th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $20.87.

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.