Quadrature Capital Ltd Makes New $1.03 Million Investment in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Quadrature Capital Ltd purchased a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 49,385 shares of the company’s stock, valued at approximately $1,033,000.

Several other hedge funds also recently bought and sold shares of NCLH. YHB Investment Advisors Inc. purchased a new position in Norwegian Cruise Line during the first quarter worth $39,000. 1832 Asset Management L.P. purchased a new position in Norwegian Cruise Line during the fourth quarter worth $44,000. Fidelis Capital Partners LLC purchased a new stake in shares of Norwegian Cruise Line in the first quarter valued at $61,000. Mendota Financial Group LLC purchased a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at $66,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Norwegian Cruise Line in the first quarter valued at $80,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on NCLH shares. Wells Fargo & Company lifted their price objective on Norwegian Cruise Line from $19.00 to $20.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 21st. StockNews.com upgraded Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th. Susquehanna reduced their target price on Norwegian Cruise Line from $21.00 to $18.00 and set a “neutral” rating on the stock in a report on Thursday, May 2nd. The Goldman Sachs Group boosted their price objective on Norwegian Cruise Line from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 28th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Norwegian Cruise Line from $18.00 to $20.00 and gave the stock a “hold” rating in a research note on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Norwegian Cruise Line presently has an average rating of “Hold” and an average target price of $21.88.

Insider Activity at Norwegian Cruise Line

In related news, Director Zillah Byng-Thorne acquired 13,360 shares of the stock in a transaction that occurred on Friday, May 31st. The shares were acquired at an average price of $16.50 per share, for a total transaction of $220,440.00. Following the completion of the purchase, the director now directly owns 13,360 shares of the company’s stock, valued at $220,440. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.87% of the stock is currently owned by insiders.

Norwegian Cruise Line Stock Up 0.6 %

Shares of NYSE NCLH traded up $0.11 during midday trading on Friday, reaching $18.47. 7,832,410 shares of the company’s stock were exchanged, compared to its average volume of 10,691,874. The stock has a market capitalization of $7.92 billion, a PE ratio of 26.39, a price-to-earnings-growth ratio of 0.30 and a beta of 2.69. The business’s fifty day moving average price is $17.90 and its two-hundred day moving average price is $17.99. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $12.70 and a 52-week high of $22.23. The company has a debt-to-equity ratio of 33.16, a quick ratio of 0.22 and a current ratio of 0.24.

Norwegian Cruise Line (NYSE:NCLH) last announced its earnings results on Wednesday, May 1st. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.05. Norwegian Cruise Line had a return on equity of 136.20% and a net margin of 3.84%. The firm had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.24 billion. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.17 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.