GAMMA Investing LLC Makes New Investment in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

GAMMA Investing LLC acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 4,298 shares of the company’s stock, valued at approximately $86,000.

A number of other institutional investors have also recently bought and sold shares of NCLH. Segantii Capital Management Ltd acquired a new stake in shares of Norwegian Cruise Line during the 3rd quarter valued at about $1,582,000. Deutsche Bank AG lifted its holdings in shares of Norwegian Cruise Line by 44.3% during the 3rd quarter. Deutsche Bank AG now owns 879,293 shares of the company’s stock valued at $14,491,000 after buying an additional 269,849 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Norwegian Cruise Line by 4.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,691,795 shares of the company’s stock valued at $44,361,000 after buying an additional 126,147 shares during the last quarter. Handelsbanken Fonder AB lifted its holdings in shares of Norwegian Cruise Line by 100.0% during the 3rd quarter. Handelsbanken Fonder AB now owns 165,600 shares of the company’s stock valued at $2,729,000 after buying an additional 82,800 shares during the last quarter. Finally, WealthPlan Investment Management LLC acquired a new stake in shares of Norwegian Cruise Line during the 3rd quarter valued at about $1,824,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Susquehanna lifted their price target on Norwegian Cruise Line from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, February 28th. Wells Fargo & Company reissued an “equal weight” rating and issued a $18.00 price objective on shares of Norwegian Cruise Line in a research note on Friday, January 5th. The Goldman Sachs Group started coverage on Norwegian Cruise Line in a research note on Wednesday, March 13th. They issued a “neutral” rating and a $19.00 price objective on the stock. Truist Financial raised their price objective on Norwegian Cruise Line from $17.00 to $20.00 and gave the company a “hold” rating in a research note on Friday, March 1st. Finally, Mizuho started coverage on Norwegian Cruise Line in a research note on Tuesday, March 26th. They issued a “neutral” rating and a $21.00 price objective on the stock. Two analysts have rated the stock with a sell rating, eight have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $20.87.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH opened at $19.18 on Tuesday. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 40.94. The business’s 50 day moving average is $19.07 and its two-hundred day moving average is $17.45. The company has a market cap of $8.16 billion, a P/E ratio of 68.50, a P/E/G ratio of 0.40 and a beta of 2.60. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $12.70 and a 12 month high of $22.75.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings results on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.05). The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.99 billion. Norwegian Cruise Line had a return on equity of 108.69% and a net margin of 1.94%. During the same period in the prior year, the firm earned ($1.10) earnings per share. On average, equities analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1 EPS for the current 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.