103,346 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Bought by XTX Topco Ltd

XTX Topco Ltd purchased a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 103,346 shares of the company's stock, valued at approximately $2,120,000.

A number of other large investors have also recently modified their holdings of the company. Avior Wealth Management LLC boosted its stake in shares of Norwegian Cruise Line by 34.1% during the third quarter. Avior Wealth Management LLC now owns 1,686 shares of the company's stock valued at $35,000 after purchasing an additional 429 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in Norwegian Cruise Line by 2.1% during the third quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the company's stock valued at $509,000 after purchasing an additional 500 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in Norwegian Cruise Line by 1.1% in the third quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company's stock valued at $944,000 after purchasing an additional 509 shares during the last quarter. Mount Lucas Management LP raised its holdings in Norwegian Cruise Line by 2.4% in the third quarter. Mount Lucas Management LP now owns 22,055 shares of the company's stock worth $452,000 after purchasing an additional 516 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Norwegian Cruise Line by 1.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company's stock valued at $918,000 after buying an additional 521 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Stock Performance

Shares of NYSE:NCLH traded up $0.03 during trading on Friday, hitting $27.65. 6,550,781 shares of the stock traded hands, compared to its average volume of 9,578,426. The company has a market cap of $12.16 billion, a price-to-earnings ratio of 25.37, a P/E/G ratio of 0.31 and a beta of 2.65. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.69 and a 52-week high of $28.64. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The company has a fifty day moving average price of $24.90 and a two-hundred day moving average price of $20.32.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.05. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The firm had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same period in the prior year, the firm earned $0.71 EPS. The firm's revenue for the quarter was up 10.7% on a year-over-year basis. As a group, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.51 EPS for the current year.

Insider Activity

In other news, insider Andrea Demarco sold 29,000 shares of Norwegian Cruise Line stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $27.76, for a total transaction of $805,040.00. Following the completion of the sale, the insider now directly owns 97,304 shares of the company's stock, valued at approximately $2,701,159.04. The trade was a 22.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Mark Kempa sold 15,000 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $27.86, for a total value of $417,900.00. Following the completion of the transaction, the chief financial officer now directly owns 253,386 shares in the company, valued at $7,059,333.96. This trade represents a 5.59 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 82,344 shares of company stock worth $2,269,731. Corporate insiders own 0.52% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on NCLH shares. Morgan Stanley lifted their price objective on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an "underweight" rating in a research report on Tuesday, November 12th. Bank of America upped their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the company a "neutral" rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. boosted their price target on Norwegian Cruise Line from $23.00 to $25.00 and gave the stock a "neutral" rating in a research note on Monday, September 16th. Citigroup raised shares of Norwegian Cruise Line from a "neutral" rating to a "buy" rating and increased their price objective for the company from $20.00 to $30.00 in a research report on Wednesday, October 9th. Finally, The Goldman Sachs Group boosted their price target on Norwegian Cruise Line from $24.00 to $29.00 and gave the company a "neutral" rating in a research note on Friday, November 1st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $28.27.

About Norwegian Cruise Line

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.