Captrust Financial Advisors Buys Shares of 8,456 Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Captrust Financial Advisors bought a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,456 shares of the company’s stock, valued at approximately $218,000.

Several other institutional investors and hedge funds also recently bought and sold shares of NCLH. United Capital Financial Advisors LLC grew its stake in shares of Norwegian Cruise Line by 3.7% in the 4th quarter. United Capital Financial Advisors LLC now owns 13,928 shares of the company’s stock valued at $358,000 after buying an additional 498 shares in the last quarter. Scotia Capital Inc. grew its stake in shares of Norwegian Cruise Line by 0.5% in the 4th quarter. Scotia Capital Inc. now owns 113,778 shares of the company’s stock valued at $2,928,000 after buying an additional 540 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of Norwegian Cruise Line by 35.0% in the 4th quarter. Quadrant Capital Group LLC now owns 2,524 shares of the company’s stock valued at $65,000 after buying an additional 654 shares in the last quarter. Rakuten Securities Inc. grew its stake in shares of Norwegian Cruise Line by 176.0% in the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company’s stock valued at $30,000 after buying an additional 739 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Norwegian Cruise Line by 29.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company’s stock valued at $86,000 after buying an additional 754 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Up 1.3%

Shares of NCLH stock opened at $17.45 on Friday. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. The firm has a market cap of $7.80 billion, a PE ratio of 16.01, a price-to-earnings-growth ratio of 0.24 and a beta of 2.09. The stock has a 50 day moving average of $17.83 and a 200-day moving average of $23.03. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.02). The business had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.15 billion. Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.16 earnings per share. On average, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on NCLH shares. Jefferies Financial Group assumed coverage on Norwegian Cruise Line in a research note on Monday, March 31st. They issued a “buy” rating and a $25.00 price target for the company. Truist Financial reduced their target price on Norwegian Cruise Line from $35.00 to $27.00 and set a “buy” rating for the company in a report on Monday. The Goldman Sachs Group reduced their target price on Norwegian Cruise Line from $31.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, April 23rd. Northcoast Research assumed coverage on Norwegian Cruise Line in a report on Friday, April 25th. They issued a “buy” rating and a $21.00 target price for the company. Finally, JPMorgan Chase & Co. upgraded Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 target price for the company in a report on Monday, March 17th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $25.63.

Norwegian Cruise Line Company 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.