Wealth Enhancement Advisory Services LLC Acquires 3,844 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Wealth Enhancement Advisory Services LLC raised its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 17.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,265 shares of the company’s stock after acquiring an additional 3,844 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Norwegian Cruise Line were worth $650,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hopwood Financial Services Inc. bought a new stake in Norwegian Cruise Line during the fourth quarter valued at about $26,000. Stonebridge Financial Group LLC bought a new stake in Norwegian Cruise Line during the fourth quarter valued at about $27,000. Kestra Investment Management LLC bought a new stake in Norwegian Cruise Line during the fourth quarter valued at about $27,000. Rakuten Securities Inc. raised its holdings in Norwegian Cruise Line by 176.0% during the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company’s stock valued at $30,000 after acquiring an additional 739 shares during the period. Finally, Venturi Wealth Management LLC increased its holdings in shares of Norwegian Cruise Line by 238.5% in the fourth quarter. Venturi Wealth Management LLC now owns 1,249 shares of the company’s stock worth $32,000 after purchasing an additional 880 shares during the last quarter. 69.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Jefferies Financial Group assumed coverage on Norwegian Cruise Line in a report on Monday, March 31st. They issued a “buy” rating and a $25.00 target price on the stock. Wall Street Zen cut Norwegian Cruise Line from a “hold” rating to a “sell” rating in a report on Saturday, May 3rd. Wells Fargo & Company lifted their target price on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. JPMorgan Chase & Co. raised Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 target price on the stock in a report on Monday, March 17th. Finally, Citigroup lifted their target price on Norwegian Cruise Line from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, June 5th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $25.16.

Norwegian Cruise Line Trading Up 0.8%

NCLH opened at $19.75 on Wednesday. The stock has a market cap of $8.82 billion, a price-to-earnings ratio of 18.11, a P/E/G ratio of 0.24 and a beta of 2.12. The stock’s 50 day moving average price is $17.52 and its 200-day moving average price is $22.23. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20.

Norwegian Cruise Line (NYSE:NCLH) last released its 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 the consensus estimate of $2.15 billion. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. On average, equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

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.