Healthcare of Ontario Pension Plan Trust Fund Purchases Shares of 72,200 Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 72,200 shares of the company's stock, valued at approximately $1,481,000.

Other institutional investors have also modified their holdings of the company. Avior Wealth Management LLC increased its holdings in Norwegian Cruise Line by 34.1% during the 3rd quarter. Avior Wealth Management LLC now owns 1,686 shares of the company's stock worth $35,000 after purchasing an additional 429 shares during the period. Sentry Investment Management LLC acquired a new stake in Norwegian Cruise Line in the second quarter valued at approximately $39,000. Blue Trust Inc. lifted its stake in Norwegian Cruise Line by 489.8% in the third quarter. Blue Trust Inc. now owns 2,188 shares of the company's stock worth $41,000 after acquiring an additional 1,817 shares during the last quarter. Brooklyn Investment Group acquired a new position in Norwegian Cruise Line during the 3rd quarter worth approximately $56,000. Finally, Huntington National Bank increased its position in shares of Norwegian Cruise Line by 173.1% in the 3rd quarter. Huntington National Bank now owns 3,504 shares of the company's stock valued at $72,000 after purchasing an additional 2,221 shares during the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Norwegian Cruise Line

In related news, CFO Mark Kempa sold 15,000 shares of the firm's stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $27.86, for a total transaction of $417,900.00. Following 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Faye L. Ashby sold 38,344 shares of the business's stock in a transaction on Friday, November 8th. The shares were sold at an average price of $27.30, for a total transaction of $1,046,791.20. Following the sale, the chief accounting officer now owns 116,270 shares of the company's stock, valued at approximately $3,174,171. The trade was a 24.80 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 82,344 shares of company stock valued at $2,269,731. 0.52% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Barclays increased their price objective on Norwegian Cruise Line from $26.00 to $28.00 and gave the company an "equal weight" rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Norwegian Cruise Line from $21.00 to $24.00 and gave the stock a "hold" rating in a research report on Friday, November 1st. Citigroup upgraded shares of Norwegian Cruise Line from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $20.00 to $30.00 in a research note on Wednesday, October 9th. Mizuho lifted their target price on Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an "outperform" rating in a research report on Friday, November 1st. Finally, Morgan Stanley boosted their target price on Norwegian Cruise Line from $19.00 to $26.00 and gave the company an "underweight" rating in a report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $28.27.

Norwegian Cruise Line Trading Up 5.3 %

Shares of NYSE NCLH traded up $1.42 during trading on Monday, hitting $28.31. 15,656,996 shares of the company traded hands, compared to its average volume of 12,727,516. 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 firm has a market capitalization of $12.45 billion, a P/E ratio of 26.06, a P/E/G ratio of 0.30 and a beta of 2.67. The company has a 50-day moving average price of $24.21 and a 200-day moving average price of $19.95. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.69 and a 1 year high of $28.64.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter in the prior year, the company earned $0.71 EPS. The company's revenue was up 10.7% on a year-over-year basis. On average, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.51 EPS for the current year.

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.