BNP Paribas Arbitrage SA Buys 11,819 Shares of Norwegian Cruise Line Holdings Ltd (NCLH)

BNP Paribas Arbitrage SA increased its position in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) by 23.5% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 62,208 shares of the company’s stock after buying an additional 11,819 shares during the period. BNP Paribas Arbitrage SA’s holdings in Norwegian Cruise Line Holdings were worth $3,156,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. boosted its position in shares of Norwegian Cruise Line Holdings by 0.8% in the fourth quarter. Bessemer Group Inc. now owns 7,427 shares of the company’s stock worth $316,000 after buying an additional 61 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of Norwegian Cruise Line Holdings by 0.5% in the third quarter. Hsbc Holdings PLC now owns 32,931 shares of the company’s stock worth $1,241,000 after buying an additional 169 shares in the last quarter. Suntrust Banks Inc. boosted its position in shares of Norwegian Cruise Line Holdings by 2.2% in the third quarter. Suntrust Banks Inc. now owns 9,847 shares of the company’s stock worth $370,000 after buying an additional 212 shares in the last quarter. Mn Services Vermogensbeheer B.V. boosted its position in shares of Norwegian Cruise Line Holdings by 6.7% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,241 shares of the company’s stock worth $201,000 after buying an additional 266 shares in the last quarter. Finally, AMP Capital Investors Ltd boosted its position in shares of Norwegian Cruise Line Holdings by 0.7% in the third quarter. AMP Capital Investors Ltd now owns 42,770 shares of the company’s stock worth $1,589,000 after buying an additional 300 shares in the last quarter. Institutional investors own 87.57% of the company’s stock.

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

Shares of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) traded up 0.88% during mid-day trading on Friday, reaching $49.55. The company had a trading volume of 685,833 shares. The company’s 50-day moving average price is $51.24 and its 200-day moving average price is $46.83. Norwegian Cruise Line Holdings Ltd has a 52-week low of $34.16 and a 52-week high of $56.29. The company has a market capitalization of $11.29 billion, a PE ratio of 18.16 and a beta of 1.16.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its earnings results on Wednesday, May 10th. The company reported $0.40 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.03. Norwegian Cruise Line Holdings had a net margin of 12.52% and a return on equity of 17.60%. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter last year, the company earned $0.38 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. On average, analysts forecast that Norwegian Cruise Line Holdings Ltd will post $3.87 earnings per share for the current fiscal year.

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A number of analysts have recently issued reports on NCLH shares. Wedbush reaffirmed a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Saturday, May 13th. Stifel Nicolaus reaffirmed a “buy” rating and set a $60.00 target price (up from $48.00) on shares of Norwegian Cruise Line Holdings in a research report on Thursday, February 23rd. Zacks Investment Research raised Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a research report on Wednesday, February 15th. Citigroup Inc lifted their target price on Norwegian Cruise Line Holdings from $48.00 to $59.00 and gave the stock a “buy” rating in a research report on Monday, March 6th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $49.00 target price (up from $46.00) on shares of Norwegian Cruise Line Holdings in a research report on Thursday, February 23rd. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Norwegian Cruise Line Holdings currently has a consensus rating of “Buy” and a consensus target price of $50.38.

Norwegian Cruise Line Holdings Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

5 Day Chart for NASDAQ:NCLH

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