Daiwa Securities Group Inc. Buys 1,400 Shares of Norwegian Cruise Line Holdings Ltd. (NCLH)

Daiwa Securities Group Inc. grew its stake in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 12.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,800 shares of the company’s stock after purchasing an additional 1,400 shares during the period. Daiwa Securities Group Inc.’s holdings in Norwegian Cruise Line Holdings were worth $692,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Prudential Financial Inc. boosted its position in Norwegian Cruise Line Holdings by 28.3% in the 3rd quarter. Prudential Financial Inc. now owns 345,092 shares of the company’s stock worth $18,652,000 after purchasing an additional 76,080 shares in the last quarter. State of Wisconsin Investment Board lifted its position in shares of Norwegian Cruise Line Holdings by 26.8% during the 3rd quarter. State of Wisconsin Investment Board now owns 174,642 shares of the company’s stock valued at $9,439,000 after buying an additional 36,941 shares in the last quarter. Mn Services Vermogensbeheer B.V. lifted its position in shares of Norwegian Cruise Line Holdings by 16.6% during the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 30,131 shares of the company’s stock valued at $1,629,000 after buying an additional 4,300 shares in the last quarter. Stevens Capital Management LP purchased a new position in shares of Norwegian Cruise Line Holdings during the 3rd quarter valued at approximately $3,010,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of Norwegian Cruise Line Holdings by 16.0% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 24,175 shares of the company’s stock valued at $1,307,000 after buying an additional 3,334 shares in the last quarter. Institutional investors and hedge funds own 86.19% of the company’s stock.

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In other Norwegian Cruise Line Holdings news, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $54.57, for a total value of $306,956,250.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.98% of the stock is owned by company insiders.

NCLH has been the topic of a number of recent analyst reports. Bank of America Corporation initiated 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. Nomura increased their target price on Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. Buckingham Research increased their target price on Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. Deutsche Bank AG increased 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. Finally, Stifel Nicolaus reiterated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Norwegian Cruise Line Holdings has a consensus rating of “Buy” and a consensus price target of $62.80.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at $55.27 on Tuesday. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $38.50 and a 52 week high of $61.48. The stock has a market capitalization of $12,618.06, a price-to-earnings ratio of 15.13, a price-to-earnings-growth ratio of 0.56 and a beta of 1.12. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 1.08.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its earnings results on Thursday, November 9th. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.04. Norwegian Cruise Line Holdings had a return on equity of 16.97% and a net margin of 13.91%. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same period last year, the company earned $1.62 EPS. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. sell-side analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 3.82 earnings per share for the current fiscal year.

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.

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

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