UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 41,689 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 3.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,276,013 shares of the company's stock after acquiring an additional 41,689 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.29% of Norwegian Cruise Line worth $26,171,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Public Sector Pension Investment Board lifted its stake in shares of Norwegian Cruise Line by 5.5% during the third quarter. Public Sector Pension Investment Board now owns 76,699 shares of the company's stock valued at $1,573,000 after acquiring an additional 4,000 shares during the period. CreativeOne Wealth LLC acquired a new position in Norwegian Cruise Line during the 3rd quarter valued at about $302,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Norwegian Cruise Line during the 3rd quarter valued at about $1,481,000. Blueshift Asset Management LLC bought a new position in shares of Norwegian Cruise Line in the 3rd quarter valued at about $1,257,000. Finally, Glenmede Trust Co. NA grew its position in shares of Norwegian Cruise Line by 8.7% during the 3rd quarter. Glenmede Trust Co. NA now owns 17,201 shares of the company's stock worth $353,000 after buying an additional 1,381 shares during the period. 69.58% of the stock is currently owned by institutional investors.

Insider Activity at Norwegian Cruise Line

In related news, insider Andrea Demarco sold 29,000 shares of the company's stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $27.76, for a total transaction of $805,040.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Faye L. Ashby sold 38,344 shares of the stock in a transaction that occurred on 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 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 disclosure for this sale can be found here. Insiders have sold 82,344 shares of company stock valued at $2,269,731 over the last three months. 0.52% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on NCLH shares. Mizuho raised their price objective 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. Bank of America lifted their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, November 13th. Barclays upped their price objective 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. StockNews.com upgraded Norwegian Cruise Line from a "sell" rating to a "hold" rating in a report on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Norwegian Cruise Line from $21.00 to $24.00 and gave the company a "hold" rating in a report on Friday, November 1st. One analyst has rated the stock with a sell rating, nine have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $28.27.

Norwegian Cruise Line Stock Performance

Shares of NCLH traded up $0.17 during mid-day trading on Thursday, hitting $27.85. 5,040,738 shares of the company's stock were exchanged, compared to its average volume of 12,673,740. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.69 and a 52 week high of $28.64. The stock's 50-day simple moving average is $24.63 and its 200-day simple moving average is $20.17. The firm has a market cap of $12.25 billion, a price-to-earnings ratio of 25.38, a price-to-earnings-growth ratio of 0.31 and a beta of 2.65.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.99 earnings per share for the quarter, beating 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 firm had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same period in the prior year, the company posted $0.71 EPS. The company's revenue was up 10.7% compared to the same quarter last year. On average, equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.51 EPS for the current 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.