Securian Asset Management Inc. Has $538,000 Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Securian Asset Management Inc. trimmed its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 12.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,854 shares of the company’s stock after selling 3,664 shares during the period. Securian Asset Management Inc.’s holdings in Norwegian Cruise Line were worth $538,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Invesco Ltd. lifted its holdings in Norwegian Cruise Line by 22.4% during the 3rd quarter. Invesco Ltd. now owns 8,197,327 shares of the company’s stock worth $135,092,000 after buying an additional 1,499,622 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Norwegian Cruise Line by 58.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,105,324 shares of the company’s stock valued at $62,240,000 after acquiring an additional 1,141,086 shares during the period. Vanguard Group Inc. boosted its holdings in Norwegian Cruise Line by 2.1% in the third quarter. Vanguard Group Inc. now owns 49,697,071 shares of the company’s stock valued at $819,008,000 after acquiring an additional 1,031,053 shares during the last quarter. Panagora Asset Management Inc. increased its position in Norwegian Cruise Line by 357.4% in the fourth quarter. Panagora Asset Management Inc. now owns 1,067,151 shares of the company’s stock worth $21,386,000 after purchasing an additional 833,850 shares during the period. Finally, New York State Common Retirement Fund raised its holdings in Norwegian Cruise Line by 156.7% during the 4th quarter. New York State Common Retirement Fund now owns 754,493 shares of the company’s stock worth $15,120,000 after purchasing an additional 460,590 shares during the last quarter. 69.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

NCLH has been the topic of several recent research reports. Truist Financial raised their target price on shares of Norwegian Cruise Line from $17.00 to $20.00 and gave the company a “hold” rating in a research note on Friday, March 1st. The Goldman Sachs Group lifted their target price on shares of Norwegian Cruise Line from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Tuesday. Barclays cut their price target on Norwegian Cruise Line from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 2nd. Deutsche Bank Aktiengesellschaft raised their price target on Norwegian Cruise Line from $18.00 to $20.00 and gave the stock a “hold” rating in a research report on Tuesday. Finally, Morgan Stanley upped their price objective on Norwegian Cruise Line from $14.00 to $15.00 and gave the company an “underweight” rating in a report on Tuesday, March 5th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Norwegian Cruise Line currently has a consensus rating of “Hold” and an average target price of $21.00.

Norwegian Cruise Line Trading Down 3.9 %

NCLH opened at $16.27 on Thursday. The stock has a market capitalization of $6.98 billion, a P/E ratio of 23.24, a P/E/G ratio of 0.30 and a beta of 2.59. The company has a current ratio of 0.24, a quick ratio of 0.22 and a debt-to-equity ratio of 33.16. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $12.70 and a 12 month high of $22.75. The firm’s fifty day simple moving average is $18.29 and its 200 day simple moving average is $17.70.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. The company had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.24 billion. Norwegian Cruise Line had a return on equity of 136.20% and a net margin of 3.84%. As a group, research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.09 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.