Teacher Retirement System of Texas Takes $1.22 Million Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Teacher Retirement System of Texas acquired a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 64,283 shares of the company’s stock, valued at approximately $1,219,000.

Other large investors also recently bought and sold shares of the company. Versant Capital Management Inc increased its position in Norwegian Cruise Line by 147.7% in the first quarter. Versant Capital Management Inc now owns 1,880 shares of the company’s stock worth $36,000 after purchasing an additional 1,121 shares during the last quarter. Raiffeisen Bank International AG bought a new stake in Norwegian Cruise Line in the fourth quarter worth $40,000. LRI Investments LLC bought a new stake in Norwegian Cruise Line in the fourth quarter worth $47,000. CENTRAL TRUST Co increased its position in Norwegian Cruise Line by 2,621.0% in the first quarter. CENTRAL TRUST Co now owns 2,721 shares of the company’s stock worth $52,000 after purchasing an additional 2,621 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its position in Norwegian Cruise Line by 35.0% in the fourth quarter. Quadrant Capital Group LLC now owns 2,524 shares of the company’s stock worth $65,000 after purchasing an additional 654 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

NCLH has been the topic of a number of analyst reports. Northcoast Research started coverage on shares of Norwegian Cruise Line in a research report on Friday, April 25th. They set a “buy” rating and a $21.00 price objective on the stock. The Goldman Sachs Group lowered their target price on shares of Norwegian Cruise Line from $31.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, April 23rd. Citigroup boosted their target price on shares of Norwegian Cruise Line from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, June 5th. Macquarie lowered their target price on shares of Norwegian Cruise Line from $31.00 to $27.00 and set an “outperform” rating for the company in a research note on Friday, May 9th. Finally, Susquehanna lowered their target price on shares of Norwegian Cruise Line from $27.00 to $18.00 and set a “neutral” rating for the company in a research note on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Norwegian Cruise Line has an average rating of “Moderate Buy” and a consensus target price of $25.16.

Norwegian Cruise Line Stock Down 2.5%

NCLH stock opened at $22.58 on Friday. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The company has a current ratio of 0.19, a quick ratio of 0.16 and a debt-to-equity ratio of 9.09. The company has a market capitalization of $10.09 billion, a P/E ratio of 13.05, a PEG ratio of 0.39 and a beta of 2.13. The firm has a 50 day simple moving average of $19.12 and a 200-day simple moving average of $21.16.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $2.15 billion. Norwegian Cruise Line had a return on equity of 66.78% and a net margin of 9.05%. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.16 EPS. On average, equities research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share 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.