Quadrature Capital Ltd Raises Stock Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Quadrature Capital Ltd lifted its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 43.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 176,239 shares of the company's stock after purchasing an additional 53,603 shares during the quarter. Quadrature Capital Ltd's holdings in Norwegian Cruise Line were worth $3,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Avior Wealth Management LLC raised its position in shares of Norwegian Cruise Line by 34.1% in 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 last quarter. Louisiana State Employees Retirement System raised its position in shares of Norwegian Cruise Line by 2.1% in the 3rd quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the company's stock worth $509,000 after purchasing an additional 500 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Norwegian Cruise Line by 1.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company's stock worth $944,000 after purchasing an additional 509 shares during the last quarter. Mount Lucas Management LP raised its position in Norwegian Cruise Line by 2.4% in the 3rd quarter. Mount Lucas Management LP now owns 22,055 shares of the company's stock worth $452,000 after buying an additional 516 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in Norwegian Cruise Line by 1.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company's stock worth $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 mid-day trading on Friday, reaching $27.65. 6,550,781 shares of the company traded hands, compared to its average volume of 12,660,077. The company's 50 day moving average price is $24.76 and its 200-day moving average price is $20.23. The firm has a market cap of $12.16 billion, a PE ratio of 25.43, a PEG ratio of 0.31 and a beta of 2.65. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.69 and a 52 week high of $28.64.

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

Insider Activity at Norwegian Cruise Line

In related news, CAO Faye L. Ashby sold 38,344 shares of the business's stock in a transaction that occurred 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 transaction, the chief accounting officer now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Mark Kempa sold 15,000 shares of the business's stock in a transaction that occurred on Wednesday, November 6th. The stock was 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 approximately $7,059,333.96. This represents a 5.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 82,344 shares of company stock worth $2,269,731. 0.52% of the stock is owned by company insiders.

Analyst Ratings Changes

NCLH has been the subject of a number of recent analyst reports. Barclays boosted their target price on Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Friday, November 1st. Macquarie boosted 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. UBS Group boosted their target price on Norwegian Cruise Line from $19.00 to $29.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Citigroup raised Norwegian Cruise Line from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $20.00 to $30.00 in a research report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. boosted their target price on Norwegian Cruise Line from $23.00 to $25.00 and gave the stock a "neutral" rating in a research report on Monday, September 16th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Norwegian Cruise Line has an average rating of "Hold" and a consensus price target of $28.27.

Norwegian Cruise Line Company 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.