Amalgamated Bank Trims Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Amalgamated Bank trimmed its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHFree Report) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 136,644 shares of the company’s stock after selling 5,158 shares during the period. Amalgamated Bank’s holdings in Norwegian Cruise Line were worth $2,738,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Stratos Wealth Partners LTD. bought a new position in Norwegian Cruise Line in the third quarter worth approximately $202,000. Bank of New York Mellon Corp lifted its position in Norwegian Cruise Line by 4.9% during the third quarter. Bank of New York Mellon Corp now owns 2,691,795 shares of the company’s stock valued at $44,361,000 after purchasing an additional 126,147 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Norwegian Cruise Line by 19.6% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 79,470 shares of the company’s stock valued at $1,310,000 after purchasing an additional 13,037 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in Norwegian Cruise Line by 11.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 63,611 shares of the company’s stock worth $1,048,000 after buying an additional 6,385 shares in the last quarter. Finally, Patton Fund Management Inc. purchased a new position in shares of Norwegian Cruise Line during the 3rd quarter valued at about $1,617,000. 69.58% of the stock is currently owned by institutional investors.

Norwegian Cruise Line Stock Down 0.6 %

Shares of NYSE:NCLH opened at $16.10 on Friday. The company has a 50-day moving average price of $18.87 and a 200 day moving average price of $17.53. The company has a current ratio of 0.24, a quick ratio of 0.22 and a debt-to-equity ratio of 33.16. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $12.70 and a 12 month high of $22.75. The company has a market cap of $6.91 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 0.30 and a beta of 2.59.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last announced 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 return on equity of 136.20% and a net margin of 3.84%. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter last year, the firm posted ($1.10) EPS. As a group, equities research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.05 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on NCLH. Citigroup decreased their target price on shares of Norwegian Cruise Line from $23.00 to $19.00 and set a “neutral” rating on the stock in a research note on Monday, February 12th. Barclays cut their price target on Norwegian Cruise Line from $21.00 to $20.00 and set an “equal weight” rating for the company in a research note on Thursday, May 2nd. Susquehanna dropped their price objective on Norwegian Cruise Line from $21.00 to $18.00 and set a “neutral” rating for the company in a research note on Thursday, May 2nd. Mizuho began coverage on Norwegian Cruise Line in a research note on Tuesday, March 26th. They set a “neutral” rating and a $21.00 target price on the stock. Finally, Morgan Stanley upped their price target on Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 5th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $20.67.

Get Our Latest Stock Report on NCLH

About Norwegian Cruise Line

(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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