Nisa Investment Advisors LLC Increases Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Nisa Investment Advisors LLC lifted its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 16.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 92,039 shares of the company’s stock after purchasing an additional 12,689 shares during the period. Nisa Investment Advisors LLC’s holdings in Norwegian Cruise Line were worth $1,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of NCLH. Sentry Investment Management LLC purchased a new stake in shares of Norwegian Cruise Line in the second quarter worth $31,000. New Age Alpha Advisors LLC bought a new stake in Norwegian Cruise Line during the first quarter valued at about $33,000. Bogart Wealth LLC raised its holdings in Norwegian Cruise Line by 1,012.0% during the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock valued at $42,000 after acquiring an additional 2,024 shares during the period. SVB Wealth LLC bought a new stake in Norwegian Cruise Line during the first quarter valued at about $56,000. Finally, Parallel Advisors LLC raised its holdings in Norwegian Cruise Line by 43.6% during the second quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock valued at $58,000 after acquiring an additional 874 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Norwegian Cruise Line in a report on Wednesday, October 8th. Morgan Stanley raised their price target on Norwegian Cruise Line from $24.00 to $26.00 and gave the company an “equal weight” rating in a report on Monday, August 4th. Citigroup raised their price target on Norwegian Cruise Line from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Tigress Financial raised their price target on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a report on Wednesday, August 27th. Finally, UBS Group raised their price target on Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, August 26th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $27.80.

Norwegian Cruise Line Trading Down 0.0%

Shares of NCLH stock opened at $22.22 on Friday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. The stock’s 50-day moving average price is $24.46 and its 200-day moving average price is $21.71. The stock has a market capitalization of $10.04 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 0.71 and a beta of 2.21.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The business had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same period in the previous year, the business earned $0.40 earnings per share. The business’s quarterly revenue was up 6.1% on a year-over-year basis. Equities research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal 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.