MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Grows Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 5.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,344 shares of the company’s stock after buying an additional 2,220 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Norwegian Cruise Line were worth $1,192,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. LRI Investments LLC acquired a new position in shares of Norwegian Cruise Line during the 4th quarter valued at about $47,000. Janus Henderson Group PLC boosted its stake in Norwegian Cruise Line by 6.3% during the fourth quarter. Janus Henderson Group PLC now owns 211,821 shares of the company’s stock worth $5,452,000 after buying an additional 12,538 shares during the period. Hudson Bay Capital Management LP acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter valued at about $5,033,000. Gotham Asset Management LLC grew its stake in shares of Norwegian Cruise Line by 38.6% in the fourth quarter. Gotham Asset Management LLC now owns 280,336 shares of the company’s stock valued at $7,213,000 after buying an additional 78,092 shares in the last quarter. Finally, Graham Capital Management L.P. raised its holdings in shares of Norwegian Cruise Line by 155.8% in the 4th quarter. Graham Capital Management L.P. now owns 249,104 shares of the company’s stock valued at $6,409,000 after buying an additional 151,705 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH opened at $17.35 on Monday. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. The company has a 50-day moving average price of $17.80 and a 200 day moving average price of $22.91. The company has a market cap of $7.75 billion, a P/E ratio of 15.91, a PEG ratio of 0.24 and a beta of 2.09. 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 earnings results on Wednesday, April 30th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.02). The company had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.15 billion. Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. Norwegian Cruise Line’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.16 earnings per share. Research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on NCLH shares. Wall Street Zen downgraded shares of Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research note on Saturday, May 3rd. Citigroup upped their target price on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, February 28th. Wells Fargo & Company raised their price target on Norwegian Cruise Line from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. The Goldman Sachs Group cut their target price on Norwegian Cruise Line from $31.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, April 23rd. Finally, Tigress Financial restated a “strong-buy” rating and set a $36.00 price objective on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target 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.