Norwegian Cruise Line Holdings Ltd. (NCLH) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 55.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,930 shares of the company’s stock after buying an additional 3,879 shares during the period. Janney Montgomery Scott LLC’s holdings in Norwegian Cruise Line Holdings were worth $554,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NCLH. First Citizens Bank & Trust Co. bought a new position in Norwegian Cruise Line Holdings during the first quarter valued at $261,000. Acadian Asset Management LLC bought a new position in Norwegian Cruise Line Holdings during the first quarter valued at $146,000. Mn Services Vermogensbeheer B.V. boosted its position in Norwegian Cruise Line Holdings by 6.7% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,241 shares of the company’s stock valued at $201,000 after buying an additional 266 shares during the last quarter. Nationwide Fund Advisors bought a new position in Norwegian Cruise Line Holdings during the first quarter valued at $5,717,000. Finally, Candriam Luxembourg S.C.A. boosted its position in Norwegian Cruise Line Holdings by 37.0% in the first quarter. Candriam Luxembourg S.C.A. now owns 10,725 shares of the company’s stock valued at $544,000 after buying an additional 2,895 shares during the last quarter. 86.05% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded down 0.02% during trading on Friday, hitting $52.90. 2,390,564 shares of the company were exchanged. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $34.16 and a 12 month high of $56.29. The firm’s 50-day moving average price is $51.83 and its 200 day moving average price is $48.56. The firm has a market capitalization of $12.06 billion, a PE ratio of 19.38 and a beta of 1.17.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its quarterly earnings results on Wednesday, May 10th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.03. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. Norwegian Cruise Line Holdings had a return on equity of 16.76% and a net margin of 12.57%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.38 earnings per share. On average, equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post $3.87 earnings per share for the current fiscal year.

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A number of analysts have commented on NCLH shares. Zacks Investment Research cut shares of Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a report on Friday, February 17th. Wedbush reaffirmed a “neutral” rating and set a $52.00 target price (up from $42.00) on shares of Norwegian Cruise Line Holdings in a report on Thursday, February 23rd. Stifel Nicolaus reaffirmed a “buy” rating and set a $60.00 target price (up from $48.00) on shares of Norwegian Cruise Line Holdings in a report on Thursday, February 23rd. Morgan Stanley reaffirmed an “equal weight” rating and set a $49.00 target price (up from $46.00) on shares of Norwegian Cruise Line Holdings in a report on Thursday, February 23rd. Finally, SunTrust Banks, Inc. upped their target price on shares of Norwegian Cruise Line Holdings from $43.00 to $54.00 and gave the company a “hold” rating in a report on Friday, February 24th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $50.25.

About Norwegian Cruise Line Holdings

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

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