Global Retirement Partners LLC Cuts Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Global Retirement Partners LLC reduced its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHFree Report) by 8.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,194 shares of the company’s stock after selling 937 shares during the quarter. Global Retirement Partners LLC’s holdings in Norwegian Cruise Line were worth $204,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Covestor Ltd raised its position in Norwegian Cruise Line by 5,020.8% in the first quarter. Covestor Ltd now owns 1,229 shares of the company’s stock valued at $27,000 after purchasing an additional 1,205 shares during the period. Parkside Financial Bank & Trust raised its position in Norwegian Cruise Line by 272.7% in the first quarter. Parkside Financial Bank & Trust now owns 1,856 shares of the company’s stock valued at $40,000 after purchasing an additional 1,358 shares during the period. Stonebridge Capital Advisors LLC raised its position in Norwegian Cruise Line by 46.2% in the second quarter. Stonebridge Capital Advisors LLC now owns 1,900 shares of the company’s stock valued at $41,000 after purchasing an additional 600 shares during the period. Householder Group Estate & Retirement Specialist LLC purchased a new position in Norwegian Cruise Line in the third quarter valued at about $42,000. Finally, Larson Financial Group LLC raised its position in Norwegian Cruise Line by 38.0% in the third quarter. Larson Financial Group LLC now owns 3,574 shares of the company’s stock valued at $59,000 after purchasing an additional 984 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Up 0.1 %

NYSE:NCLH opened at $19.27 on Thursday. The company has a market capitalization of $8.20 billion, a price-to-earnings ratio of 68.82, a price-to-earnings-growth ratio of 0.44 and a beta of 2.60. Norwegian Cruise Line Holdings Ltd. has a one year low of $12.41 and a one year high of $22.75. The stock has a 50-day simple moving average of $18.52 and a 200 day simple moving average of $17.15. The company has a debt-to-equity ratio of 40.94, a quick ratio of 0.19 and a current ratio of 0.22.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last issued its earnings results on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.05). Norwegian Cruise Line had a net margin of 1.94% and a return on equity of 108.69%. The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the previous year, the firm earned ($1.10) earnings per share. Sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 0.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on NCLH. Mizuho began coverage on Norwegian Cruise Line in a research report on Tuesday, March 26th. They issued a “neutral” rating and a $21.00 price objective on the stock. Truist Financial raised their price objective on Norwegian Cruise Line from $17.00 to $20.00 and gave the company a “hold” rating in a research report on Friday, March 1st. The Goldman Sachs Group assumed coverage on Norwegian Cruise Line in a research note on Wednesday, March 13th. They set a “neutral” rating and a $19.00 target price for the company. Wells Fargo & Company restated an “equal weight” rating and set a $18.00 target price on shares of Norwegian Cruise Line in a research note on Friday, January 5th. Finally, Barclays raised their target price on Norwegian Cruise Line from $20.00 to $21.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 28th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Norwegian Cruise Line presently has an average rating of “Hold” and an average price target of $20.93.

Check Out Our Latest Stock Analysis on Norwegian Cruise Line

Norwegian Cruise Line Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Norwegian Cruise Line (NYSE:NCLH)

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