Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lowered its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 7.3% during the fourth quarter, HoldingsChannel reports. The firm owned 22,175 shares of the company’s stock after selling 1,736 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Norwegian Cruise Line were worth $444,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in NCLH. Invesco Ltd. boosted its position in shares of 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 purchasing an additional 1,499,622 shares in the last quarter. Vanguard Group Inc. lifted its stake in Norwegian Cruise Line by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 49,697,071 shares of the company’s stock valued at $819,008,000 after buying an additional 1,031,053 shares in the last quarter. New York State Common Retirement Fund boosted its stake in shares of Norwegian Cruise Line by 156.7% during the fourth quarter. New York State Common Retirement Fund now owns 754,493 shares of the company’s stock valued at $15,120,000 after acquiring an additional 460,590 shares during the last quarter. First Dallas Securities Inc. boosted its stake in shares of Norwegian Cruise Line by 1,160.8% during the 3rd quarter. First Dallas Securities Inc. now owns 496,254 shares of the company’s stock worth $8,178,000 after purchasing an additional 456,894 shares during the last quarter. Finally, Hsbc Holdings PLC raised its position in shares of Norwegian Cruise Line by 2,460.2% in the third quarter. Hsbc Holdings PLC now owns 475,424 shares of the company’s stock valued at $7,778,000 after buying an additional 456,854 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on NCLH shares. StockNews.com raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research note on Wednesday. Barclays decreased 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. The Goldman Sachs Group initiated coverage on shares of Norwegian Cruise Line in a research note on Wednesday, March 13th. They set a “neutral” rating and a $19.00 price objective for the company. Citigroup lowered their target price on shares of Norwegian Cruise Line from $23.00 to $19.00 and set a “neutral” rating for the company in a report on Monday, February 12th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $25.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, April 9th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Norwegian Cruise Line currently has an average rating of “Hold” and an average target price of $20.67.

Norwegian Cruise Line Price Performance

Shares of NCLH stock opened at $16.20 on Friday. The firm has a market cap of $6.95 billion, a P/E ratio of 23.14, a P/E/G ratio of 0.31 and a beta of 2.59. The firm has a fifty day moving average of $18.99 and a two-hundred day moving average of $17.52. The company has a debt-to-equity ratio of 33.16, a current ratio of 0.24 and a quick ratio of 0.22. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $12.70 and a 1-year high of $22.75.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Tuesday, February 27th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.05). Norwegian Cruise Line had a net margin of 3.84% and a return on equity of 136.20%. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the previous year, the company earned ($1.10) EPS. As a group, research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1 earnings per share for the current fiscal year.

Norwegian Cruise Line 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.