Janus Henderson Group PLC Purchases 12,538 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Janus Henderson Group PLC grew its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 6.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 211,821 shares of the company’s stock after acquiring an additional 12,538 shares during the period. Janus Henderson Group PLC’s holdings in Norwegian Cruise Line were worth $5,452,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in NCLH. Principal Financial Group Inc. raised its position in shares of Norwegian Cruise Line by 6.2% during the third quarter. Principal Financial Group Inc. now owns 514,087 shares of the company’s stock worth $10,544,000 after purchasing an additional 30,182 shares during the period. Park Avenue Securities LLC bought a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $416,000. HB Wealth Management LLC bought a new position in Norwegian Cruise Line in the fourth quarter valued at approximately $219,000. Artemis Investment Management LLP bought a new position in Norwegian Cruise Line in the fourth quarter valued at approximately $2,356,000. Finally, M.E. Allison & CO. Inc. acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $2,052,000. Institutional investors own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NCLH. Wells Fargo & Company raised their price objective on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. JPMorgan Chase & Co. raised Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 price target on the stock in a research note on Monday, March 17th. Citigroup upped their price objective on Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, February 28th. Bank of America dropped their target price on Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, March 7th. Finally, Jefferies Financial Group assumed coverage on Norwegian Cruise Line in a research report on Monday, March 31st. They set a “buy” rating and a $25.00 price target for the company. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $26.05.

Norwegian Cruise Line Price Performance

NYSE:NCLH opened at $19.27 on Monday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The firm has a market capitalization of $8.61 billion, a price-to-earnings ratio of 17.68, a P/E/G ratio of 0.24 and a beta of 2.09. The stock’s 50 day moving average price is $17.93 and its two-hundred day moving average price is $23.20. 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 (NYSE:NCLH) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.02). Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The business had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter last year, the company posted $0.16 EPS. The firm’s revenue was down 2.9% on a year-over-year basis. On average, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

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.