Daiwa Securities Group Inc. Has $619,000 Stake in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)

Daiwa Securities Group Inc. decreased its position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 23.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,400 shares of the company’s stock after selling 3,400 shares during the period. Daiwa Securities Group Inc.’s holdings in Norwegian Cruise Line Holdings were worth $619,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in NCLH. Highland Capital Management LLC acquired a new position in shares of Norwegian Cruise Line Holdings during the first quarter worth approximately $319,000. DnB Asset Management AS acquired a new position in shares of Norwegian Cruise Line Holdings during the first quarter worth approximately $658,000. Boston Advisors LLC acquired a new position in shares of Norwegian Cruise Line Holdings during the first quarter worth approximately $217,000. Columbus Circle Investors boosted its position in shares of Norwegian Cruise Line Holdings by 208.9% in the first quarter. Columbus Circle Investors now owns 648,648 shares of the company’s stock worth $32,906,000 after buying an additional 438,658 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. boosted its position in shares of Norwegian Cruise Line Holdings by 37.0% in the first quarter. Candriam Luxembourg S.C.A. now owns 10,725 shares of the company’s stock worth $544,000 after buying an additional 2,895 shares in the last quarter. Hedge funds and other institutional investors own 86.18% of the company’s stock.

Shares of Norwegian Cruise Line Holdings Ltd. (NCLH) opened at 56.77 on Friday. The firm has a market cap of $12.95 billion, a price-to-earnings ratio of 19.19 and a beta of 1.16. Norwegian Cruise Line Holdings Ltd. has a one year low of $34.16 and a one year high of $61.48. The company has a 50 day moving average of $55.31 and a 200-day moving average of $51.71.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $1.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.05. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.31 billion. Norwegian Cruise Line Holdings had a net margin of 13.22% and a return on equity of 16.65%. The firm’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.85 EPS. On average, analysts expect that Norwegian Cruise Line Holdings Ltd. will post $3.96 EPS for the current year.

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A number of research analysts have commented on NCLH shares. Zacks Investment Research upgraded shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a research note on Wednesday, April 26th. Wedbush raised their price target on shares of Norwegian Cruise Line Holdings from $48.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday, May 11th. ValuEngine upgraded shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, June 1st. Berenberg Bank restated a “buy” rating and set a $65.00 price target on shares of Norwegian Cruise Line Holdings in a research note on Wednesday, June 28th. Finally, BidaskClub cut shares of Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research note on Sunday, July 16th. Ten analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Norwegian Cruise Line Holdings presently has a consensus rating of “Buy” and a consensus price target of $56.94.

In related news, CEO Jason Montague sold 15,000 shares of the stock in a transaction that occurred on Monday, June 19th. The shares were sold at an average price of $53.26, for a total value of $798,900.00. Following the completion of the transaction, the chief executive officer now owns 72,831 shares of the company’s stock, valued at approximately $3,878,979.06. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.98% of the stock is owned by corporate insiders.

About Norwegian Cruise Line Holdings

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

Institutional Ownership by Quarter for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

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