Qsemble Capital Management LP Invests $531,000 in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Qsemble Capital Management LP acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 25,870 shares of the company's stock, valued at approximately $531,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. O Shaughnessy Asset Management LLC increased its holdings in Norwegian Cruise Line by 27.9% in the first quarter. O Shaughnessy Asset Management LLC now owns 13,389 shares of the company's stock valued at $280,000 after buying an additional 2,918 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its position in shares of Norwegian Cruise Line by 50.8% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 141,429 shares of the company's stock worth $2,961,000 after acquiring an additional 47,613 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in Norwegian Cruise Line by 25.8% during the first quarter. B. Riley Wealth Advisors Inc. now owns 15,213 shares of the company's stock worth $318,000 after purchasing an additional 3,123 shares during the last quarter. Tidal Investments LLC boosted its holdings in Norwegian Cruise Line by 12.2% in the first quarter. Tidal Investments LLC now owns 18,561 shares of the company's stock valued at $388,000 after purchasing an additional 2,012 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Norwegian Cruise Line by 170.1% in the first quarter. Cetera Investment Advisers now owns 93,155 shares of the company's stock valued at $1,950,000 after purchasing an additional 58,660 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Norwegian Cruise Line news, CAO Faye L. Ashby sold 38,344 shares of the company's stock in a transaction on Friday, November 8th. The stock was sold at an average price of $27.30, for a total value 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. This represents a 24.80 % decrease in their ownership of the stock. 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 firm's 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 owns 253,386 shares of the company's stock, valued at approximately $7,059,333.96. This represents a 5.59 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 82,344 shares of company stock valued at $2,269,731 in the last three months. 0.52% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on NCLH shares. Stifel Nicolaus raised their price objective on shares of Norwegian Cruise Line from $27.00 to $29.00 and gave the stock a "buy" rating in a report on Friday, October 4th. Citigroup raised shares of Norwegian Cruise Line from a "neutral" rating to a "buy" rating and boosted their price target for the company from $20.00 to $30.00 in a research report on Wednesday, October 9th. Tigress Financial upped their price objective on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the company a "strong-buy" rating in a research note on Monday, November 11th. Macquarie lifted their target price on Norwegian Cruise Line from $24.00 to $30.00 and gave the stock an "outperform" rating in a research report on Friday, November 1st. Finally, Argus raised Norwegian Cruise Line from a "hold" rating to a "buy" rating in a report on Monday, November 4th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $27.60.

Norwegian Cruise Line Stock Performance

NCLH traded down $0.26 during trading on Thursday, hitting $26.92. The stock had a trading volume of 5,275,639 shares, compared to its average volume of 12,755,472. The firm has a market capitalization of $11.84 billion, a P/E ratio of 24.70, a PEG ratio of 0.31 and a beta of 2.67. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.14 and a twelve month high of $28.11. The company's 50-day moving average price is $24.09 and its 200 day moving average price is $19.82.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly 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. The business had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.77 billion. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The business's revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.71 earnings per share. On average, equities research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.51 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.