Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Bought by Deutsche Bank AG

Deutsche Bank AG lifted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 41.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,881,398 shares of the company’s stock after acquiring an additional 551,251 shares during the period. Deutsche Bank AG’s holdings in Norwegian Cruise Line were worth $48,408,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Hopwood Financial Services Inc. acquired a new stake in shares of Norwegian Cruise Line in the fourth quarter worth $26,000. Stonebridge Financial Group LLC acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $27,000. Kestra Investment Management LLC acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $27,000. Rakuten Securities Inc. lifted its position in Norwegian Cruise Line by 176.0% during the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company’s stock worth $30,000 after acquiring an additional 739 shares in the last quarter. Finally, R Squared Ltd acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Performance

Shares of NCLH opened at $19.34 on Wednesday. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The company has a market cap of $8.64 billion, a price-to-earnings ratio of 17.74, a price-to-earnings-growth ratio of 0.24 and a beta of 2.09. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. The firm has a fifty day moving average of $17.93 and a 200-day moving average of $23.31.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same period last year, the firm posted $0.16 EPS. The business’s revenue was down 2.9% compared to the same quarter last year. As a group, equities analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Citigroup boosted their price target 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. Barclays reduced their price target on Norwegian Cruise Line from $32.00 to $23.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd. Northcoast Research assumed coverage on Norwegian Cruise Line in a research report on Friday, April 25th. They set a “buy” rating and a $21.00 target price on the stock. Tigress Financial reaffirmed a “strong-buy” rating and set a $36.00 target price on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. 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 target price on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $26.05.

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.