Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Acquired by Principal Financial Group Inc.

Principal Financial Group Inc. raised its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 6.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 514,087 shares of the company's stock after buying an additional 30,182 shares during the period. Principal Financial Group Inc. owned about 0.12% of Norwegian Cruise Line worth $10,544,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Raymond James & Associates grew its holdings in shares of Norwegian Cruise Line by 1.2% during the second quarter. Raymond James & Associates now owns 92,813 shares of the company's stock worth $1,744,000 after buying an additional 1,089 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Norwegian Cruise Line by 680.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 168,606 shares of the company's stock valued at $3,168,000 after acquiring an additional 147,001 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Norwegian Cruise Line by 9.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 97,421 shares of the company's stock valued at $1,831,000 after acquiring an additional 8,712 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in Norwegian Cruise Line by 24.5% in the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 15,319 shares of the company's stock worth $288,000 after purchasing an additional 3,017 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Norwegian Cruise Line by 5.6% during the 2nd quarter. Signaturefd LLC now owns 13,365 shares of the company's stock worth $251,000 after purchasing an additional 705 shares during the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Argus upgraded Norwegian Cruise Line from a "hold" rating to a "buy" rating in a report on Monday, November 4th. Mizuho lifted their target price on shares of Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st. The Goldman Sachs Group raised shares of Norwegian Cruise Line from a "neutral" rating to a "buy" rating and increased their price target for the company from $29.00 to $35.00 in a research note on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Norwegian Cruise Line from $21.00 to $24.00 and gave the company a "hold" rating in a research report on Friday, November 1st. Finally, Tigress Financial increased their price objective on Norwegian Cruise Line from $32.00 to $36.00 and gave the stock a "strong-buy" rating in a research report on Monday, November 11th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $29.27.

Insider Buying and Selling

In other Norwegian Cruise Line news, CAO Faye L. Ashby sold 38,344 shares of Norwegian Cruise Line stock in a transaction on Friday, November 8th. The shares were sold at an average price of $27.30, for a total value of $1,046,791.20. Following the transaction, the chief accounting officer now directly owns 116,270 shares in the company, valued at approximately $3,174,171. The trade was a 24.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Andrea Demarco sold 29,000 shares of the firm's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $27.76, for a total value of $805,040.00. Following the transaction, the insider now directly owns 97,304 shares in the company, valued at approximately $2,701,159.04. This represents a 22.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,344 shares of company stock worth $2,269,731 in the last quarter. 0.52% of the stock is owned by insiders.

Norwegian Cruise Line Stock Down 0.1 %

NYSE NCLH traded down $0.02 during trading on Tuesday, reaching $25.73. 4,705,866 shares of the company's stock were exchanged, compared to its average volume of 12,419,397. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.69 and a 1 year high of $28.64. The stock has a market cap of $11.31 billion, a P/E ratio of 23.61, a price-to-earnings-growth ratio of 0.30 and a beta of 2.65. 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 company has a 50 day moving average price of $26.26 and a two-hundred day moving average price of $21.45.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.99 earnings per share 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 company had revenue of $2.81 billion for the quarter, compared to analysts' expectations of $2.77 billion. During the same quarter last year, the company earned $0.71 earnings per share. The firm's revenue for the quarter was up 10.7% on a year-over-year basis. On average, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.51 EPS for the current fiscal 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.