Cambridge Investment Research Advisors Inc. Has $324,000 Holdings in Norwegian Cruise Line Holdings Ltd. (NCLH)

Cambridge Investment Research Advisors Inc. lessened its stake in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,970 shares of the company’s stock after selling 165 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Norwegian Cruise Line Holdings were worth $324,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Norwegian Cruise Line Holdings by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 12,431,396 shares of the company’s stock valued at $630,645,000 after purchasing an additional 434,493 shares in the last quarter. Janus Capital Management LLC boosted its position in shares of Norwegian Cruise Line Holdings by 14.3% during the 1st quarter. Janus Capital Management LLC now owns 8,019,411 shares of the company’s stock valued at $406,820,000 after purchasing an additional 1,001,491 shares in the last quarter. BlackRock Inc. boosted its position in shares of Norwegian Cruise Line Holdings by 4,913.5% during the 1st quarter. BlackRock Inc. now owns 7,568,962 shares of the company’s stock valued at $383,975,000 after purchasing an additional 7,417,990 shares in the last quarter. State Street Corp boosted its position in shares of Norwegian Cruise Line Holdings by 2.6% during the 1st quarter. State Street Corp now owns 2,914,873 shares of the company’s stock valued at $147,863,000 after purchasing an additional 73,722 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Norwegian Cruise Line Holdings by 71.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,802,173 shares of the company’s stock valued at $91,427,000 after purchasing an additional 752,126 shares in the last quarter. Hedge funds and other institutional investors own 85.78% of the company’s stock.

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Several brokerages recently commented on NCLH. Deutsche Bank AG upped their target price on Norwegian Cruise Line Holdings from $53.00 to $59.00 and gave the company a “hold” rating in a research report on Wednesday, August 9th. Barclays PLC upped their target price on Norwegian Cruise Line Holdings from $59.00 to $64.00 and gave the company an “overweight” rating in a research report on Thursday, August 10th. Bank of America Corporation began coverage on Norwegian Cruise Line Holdings in a research report on Monday, July 24th. They set a “buy” rating and a $65.00 target price on the stock. Zacks Investment Research lowered Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Finally, Stifel Nicolaus restated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Thursday, August 10th. Ten equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $57.94.

In related news, EVP Harry Sommer sold 11,807 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $58.42, for a total value of $689,764.94. Following the transaction, the executive vice president now directly owns 42,195 shares of the company’s stock, valued at approximately $2,465,031.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $54.57, for a total value of $306,956,250.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,651,807 shares of company stock worth $308,444,915. Insiders own 0.98% of the company’s stock.

Shares of Norwegian Cruise Line Holdings Ltd. (NCLH) opened at 56.74 on Friday. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $35.19 and a 12 month high of $61.48. The company’s 50 day moving average price is $57.06 and its 200-day moving average price is $53.23. The stock has a market capitalization of $12.95 billion, a P/E ratio of 19.18 and a beta of 1.15.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.05. Norwegian Cruise Line Holdings had a return on equity of 16.65% and a net margin of 13.22%. The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the previous year, the firm posted $0.85 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. Equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post $3.98 earnings per share for the current year.

Norwegian Cruise Line Holdings Company Profile

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.

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

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