Raymond James & Associates Has $1.95 Million Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Raymond James & Associates raised its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 97,266 shares of the company’s stock after purchasing an additional 5,315 shares during the period. Raymond James & Associates’ holdings in Norwegian Cruise Line were worth $1,949,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in shares of Norwegian Cruise Line by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 49,697,071 shares of the company’s stock valued at $819,008,000 after acquiring an additional 1,031,053 shares during the last quarter. BlackRock Inc. increased its stake in Norwegian Cruise Line by 0.3% during the 1st quarter. BlackRock Inc. now owns 23,716,207 shares of the company’s stock worth $318,983,000 after purchasing an additional 77,389 shares in the last quarter. Capital International Investors increased its stake in Norwegian Cruise Line by 15.7% during the 1st quarter. Capital International Investors now owns 21,242,007 shares of the company’s stock worth $464,775,000 after purchasing an additional 2,875,079 shares in the last quarter. State Street Corp increased its stake in Norwegian Cruise Line by 4.3% during the 2nd quarter. State Street Corp now owns 14,087,436 shares of the company’s stock worth $306,683,000 after purchasing an additional 583,581 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Norwegian Cruise Line by 2.3% during the 1st quarter. Geode Capital Management LLC now owns 8,850,121 shares of the company’s stock worth $118,885,000 after purchasing an additional 196,978 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on NCLH shares. Mizuho assumed coverage on Norwegian Cruise Line in a research note on Tuesday, March 26th. They set a “neutral” rating and a $21.00 target price for the company. Susquehanna raised their price target on shares of Norwegian Cruise Line from $20.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 28th. Citigroup decreased their price target on shares of Norwegian Cruise Line from $23.00 to $19.00 and set a “neutral” rating for the company in a research note on Monday, February 12th. Stifel Nicolaus reaffirmed a “buy” rating and set a $25.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, April 9th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $18.00 price target on shares of Norwegian Cruise Line in a research note on Friday, January 5th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $20.87.

Norwegian Cruise Line Trading Up 3.1 %

NYSE NCLH opened at $18.02 on Thursday. The company has a market cap of $7.67 billion, a PE ratio of 64.36, a PEG ratio of 0.36 and a beta of 2.60. The company has a current ratio of 0.22, a quick ratio of 0.19 and a debt-to-equity ratio of 40.94. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $12.41 and a 12 month high of $22.75. The stock has a 50 day moving average of $18.69 and a 200-day moving average of $17.29.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate 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 company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same period in the previous year, the company posted ($1.10) EPS. On average, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 0.99 EPS for the current fiscal year.

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.