Coldstream Capital Management Inc. Has $290,000 Stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Coldstream Capital Management Inc. boosted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 6.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,910 shares of the company’s stock after acquiring an additional 868 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Norwegian Cruise Line were worth $290,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. State Street Corp increased its position in shares of Norwegian Cruise Line by 4.3% during the 3rd quarter. State Street Corp now owns 15,241,984 shares of the company’s stock worth $312,613,000 after purchasing an additional 621,793 shares in the last quarter. Geode Capital Management LLC grew its stake in Norwegian Cruise Line by 2.6% during the third quarter. Geode Capital Management LLC now owns 10,522,834 shares of the company’s stock worth $215,481,000 after buying an additional 261,925 shares during the last quarter. Baillie Gifford & Co. acquired a new stake in shares of Norwegian Cruise Line during the third quarter worth approximately $179,146,000. Dimensional Fund Advisors LP raised its stake in shares of Norwegian Cruise Line by 32.9% in the second quarter. Dimensional Fund Advisors LP now owns 4,568,122 shares of the company’s stock valued at $85,835,000 after acquiring an additional 1,129,770 shares during the last quarter. Finally, Two Sigma Advisers LP boosted its holdings in shares of Norwegian Cruise Line by 864.9% in the 3rd quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company’s stock worth $79,263,000 after acquiring an additional 3,464,100 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Stock Down 0.0 %

NYSE:NCLH opened at $26.80 on Monday. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.69 and a 12-month high of $28.64. The stock’s fifty day simple moving average is $25.56 and its 200-day simple moving average is $20.72. The firm has a market capitalization of $11.78 billion, a P/E ratio of 24.59, a P/E/G ratio of 0.31 and a beta of 2.65.

Norwegian Cruise Line (NYSE:NCLH) last issued its earnings results on Thursday, October 31st. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.05. The firm had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The company’s revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.71 earnings per share. Equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.51 earnings per share for the current year.

Insider Activity at Norwegian Cruise Line

In other news, insider Andrea Demarco sold 29,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $27.76, for a total transaction of $805,040.00. Following the sale, the insider now owns 97,304 shares of the company’s stock, valued at $2,701,159.04. This trade represents a 22.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Faye L. Ashby sold 38,344 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $27.30, for a total value of $1,046,791.20. Following the completion of the transaction, the chief accounting officer now owns 116,270 shares of the company’s stock, valued at $3,174,171. This represents a 24.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 82,344 shares of company stock worth $2,269,731. 0.52% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

NCLH has been the subject of several research analyst reports. Wells Fargo & Company lifted their price objective on Norwegian Cruise Line from $21.00 to $27.00 and gave the company an “equal weight” rating in a research report on Friday, November 1st. UBS Group lifted their price target on Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Macquarie increased their price objective on shares of Norwegian Cruise Line from $24.00 to $30.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Tigress Financial boosted their target price on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the stock a “strong-buy” rating in a research note on Monday, November 11th. Finally, Morgan Stanley upped their target price on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $28.93.

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.