10,510 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Purchased by RFG Advisory LLC

RFG Advisory LLC purchased a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,510 shares of the company's stock, valued at approximately $270,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NCLH. Mercer Global Advisors Inc. ADV raised its position in shares of Norwegian Cruise Line by 5.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 13,713 shares of the company's stock worth $258,000 after buying an additional 747 shares during the period. Sei Investments Co. increased its stake in Norwegian Cruise Line by 13.9% during the second quarter. Sei Investments Co. now owns 148,647 shares of the company's stock worth $2,793,000 after acquiring an additional 18,167 shares during the last quarter. Public Sector Pension Investment Board raised its holdings in shares of Norwegian Cruise Line by 13.9% in the 2nd quarter. Public Sector Pension Investment Board now owns 72,699 shares of the company's stock worth $1,366,000 after purchasing an additional 8,858 shares during the period. AXA S.A. acquired a new position in shares of Norwegian Cruise Line in the 2nd quarter valued at about $962,000. Finally, AQR Capital Management LLC lifted its stake in shares of Norwegian Cruise Line by 371.9% in the 2nd quarter. AQR Capital Management LLC now owns 439,637 shares of the company's stock valued at $8,234,000 after purchasing an additional 346,471 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Stock Down 2.6 %

NCLH stock traded down $0.75 during mid-day trading on Friday, hitting $28.32. 7,057,183 shares of the company were exchanged, compared to its average volume of 7,870,412. The firm has a fifty day simple moving average of $26.61 and a 200 day simple moving average of $22.76. The company has a market capitalization of $12.45 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 0.26 and a beta of 2.64. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.69 and a twelve month high of $29.29. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.94 by $0.05. Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The business had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same period last year, the firm earned $0.71 earnings per share. The company's revenue for the quarter was up 10.7% compared to the same quarter last year. On average, research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on NCLH. Argus upgraded shares of Norwegian Cruise Line from a "hold" rating to a "buy" rating in a report on Monday, November 4th. Mizuho raised their target price on shares of Norwegian Cruise Line from $26.00 to $28.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. The Goldman Sachs Group upgraded shares of Norwegian Cruise Line from a "neutral" rating to a "buy" rating and lifted their target price for the company from $29.00 to $35.00 in a report on Tuesday, December 10th. UBS Group increased their price target on Norwegian Cruise Line from $19.00 to $29.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Norwegian Cruise Line from $21.00 to $24.00 and gave the stock a "hold" rating in a research note on Friday, November 1st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and a consensus price target of $29.27.

Insider Activity at Norwegian Cruise Line

In related news, 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 transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Andrea Demarco sold 29,000 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $27.76, for a total value of $805,040.00. Following the completion of the sale, the insider now directly owns 97,304 shares in the company, valued at $2,701,159.04. This represents a 22.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 82,344 shares of company stock valued at $2,269,731. Corporate insiders own 0.52% of the company's stock.

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.