Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Bought by Range Financial Group LLC

Range Financial Group LLC grew its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 328.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 138,329 shares of the company's stock after buying an additional 106,067 shares during the quarter. Norwegian Cruise Line accounts for 1.6% of Range Financial Group LLC's portfolio, making the stock its 7th largest position. Range Financial Group LLC's holdings in Norwegian Cruise Line were worth $3,559,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Everence Capital Management Inc. acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $345,000. GAMMA Investing LLC raised its stake in shares of Norwegian Cruise Line by 17.0% during the fourth quarter. GAMMA Investing LLC now owns 14,268 shares of the company's stock valued at $367,000 after purchasing an additional 2,075 shares during the period. Principal Financial Group Inc. lifted its position in shares of Norwegian Cruise Line by 6.2% during the third quarter. Principal Financial Group Inc. now owns 514,087 shares of the company's stock worth $10,544,000 after purchasing an additional 30,182 shares in the last quarter. Retirement Systems of Alabama boosted its stake in shares of Norwegian Cruise Line by 0.9% in the third quarter. Retirement Systems of Alabama now owns 95,480 shares of the company's stock valued at $1,958,000 after purchasing an additional 841 shares during the period. Finally, Synovus Financial Corp grew its holdings in Norwegian Cruise Line by 7.4% during the 3rd quarter. Synovus Financial Corp now owns 88,208 shares of the company's stock valued at $1,809,000 after purchasing an additional 6,072 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Norwegian Cruise Line Stock Performance

Shares of NYSE:NCLH traded down $0.17 during trading on Tuesday, hitting $25.47. 9,129,622 shares of the company traded hands, compared to its average volume of 9,104,373. 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 business's fifty day moving average is $26.47 and its 200-day moving average is $21.75. The stock has a market capitalization of $11.20 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 0.30 and a beta of 2.64. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $28.64.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.94 by $0.05. The firm 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 prior year, the business earned $0.71 EPS. As a group, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.51 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NCLH shares. StockNews.com upgraded shares of Norwegian Cruise Line from a "sell" rating to a "hold" rating in a report on Thursday, November 7th. The Goldman Sachs Group raised 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 report on Tuesday, December 10th. Citigroup upgraded Norwegian Cruise Line from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $20.00 to $30.00 in a report on Wednesday, October 9th. Morgan Stanley increased their target price on Norwegian Cruise Line from $19.00 to $26.00 and gave the company an "underweight" rating in a research note on Tuesday, November 12th. Finally, Macquarie lifted their price target on shares of Norwegian Cruise Line from $24.00 to $30.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st. One analyst has rated the stock with a sell rating, seven have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and an average target price of $29.27.

Insider Buying and Selling at Norwegian Cruise Line

In other news, CAO Faye L. Ashby sold 38,344 shares of the firm's stock in a transaction dated 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 completion of the transaction, the chief accounting officer now owns 116,270 shares in the company, valued at approximately $3,174,171. This trade represents a 24.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 transaction of $417,900.00. Following the completion of the sale, the chief financial officer now owns 253,386 shares in the company, valued at $7,059,333.96. The trade was a 5.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 82,344 shares of company stock valued at $2,269,731. Company insiders own 0.52% of the company's stock.

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.