Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Holdings Lifted by Mackenzie Financial Corp

Mackenzie Financial Corp lifted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 26.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,008,327 shares of the company's stock after purchasing an additional 212,787 shares during the period. Mackenzie Financial Corp owned about 0.24% of Norwegian Cruise Line worth $18,946,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the business. Transcendent Capital Group LLC purchased a new position in shares of Norwegian Cruise Line in the first quarter valued at approximately $27,000. YHB Investment Advisors Inc. purchased a new position in Norwegian Cruise Line during the first quarter worth approximately $39,000. Sentry Investment Management LLC acquired a new position in Norwegian Cruise Line during the second quarter worth $39,000. 1832 Asset Management L.P. purchased a new stake in Norwegian Cruise Line in the 4th quarter valued at $44,000. Finally, Fidelis Capital Partners LLC purchased a new position in shares of Norwegian Cruise Line during the 1st quarter worth $61,000. 69.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Bank of America raised their price objective on shares of Norwegian Cruise Line from $20.00 to $23.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 23rd. Morgan Stanley lifted their price objective on shares of Norwegian Cruise Line from $16.50 to $17.50 and gave the company an "underweight" rating in a report on Wednesday, August 7th. StockNews.com lowered Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research report on Thursday. Truist Financial boosted their target price on Norwegian Cruise Line from $21.00 to $25.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Tigress Financial restated a "strong-buy" rating and issued a $32.00 price objective on shares of Norwegian Cruise Line in a report on Friday, August 9th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $22.43.

Norwegian Cruise Line Trading Down 2.5 %

NCLH stock traded down $0.52 during midday trading on Monday, reaching $20.43. 8,869,038 shares of the company's stock traded hands, compared to its average volume of 13,017,049. The company has a market capitalization of $8.77 billion, a P/E ratio of 29.19, a PEG ratio of 0.30 and a beta of 2.70. The business has a 50-day moving average price of $17.92 and a two-hundred day moving average price of $18.02. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $12.70 and a fifty-two week high of $21.73. The company has a debt-to-equity ratio of 17.19, a current ratio of 0.24 and a quick ratio of 0.22.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.05. Norwegian Cruise Line had a net margin of 4.62% and a return on equity of 105.44%. The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.38 billion. During the same period last year, the business earned $0.20 EPS. The firm's revenue for the quarter was up 7.6% compared to the same quarter last year. Equities research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.38 EPS for the current fiscal year.

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.