Parametrica Management Ltd Sells 986 Shares of Norwegian Cruise Line Holdings Ltd. (NCLH)

Parametrica Management Ltd trimmed its holdings in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 13.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,350 shares of the company’s stock after selling 986 shares during the period. Parametrica Management Ltd’s holdings in Norwegian Cruise Line Holdings were worth $343,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Aviance Capital Management LLC bought a new position in shares of Norwegian Cruise Line Holdings in the second quarter valued at $103,000. Toronto Dominion Bank lifted its stake in shares of Norwegian Cruise Line Holdings by 12.4% in the second quarter. Toronto Dominion Bank now owns 1,956 shares of the company’s stock valued at $106,000 after buying an additional 216 shares in the last quarter. BB&T Investment Services Inc. bought a new position in shares of Norwegian Cruise Line Holdings in the second quarter valued at $121,000. Pacer Advisors Inc. bought a new position in shares of Norwegian Cruise Line Holdings in the second quarter valued at $197,000. Finally, Ameritas Investment Partners Inc. lifted its stake in shares of Norwegian Cruise Line Holdings by 1.9% in the second quarter. Ameritas Investment Partners Inc. now owns 4,083 shares of the company’s stock valued at $222,000 after buying an additional 77 shares in the last quarter. 85.73% of the stock is currently owned by hedge funds and other institutional investors.

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Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.05. The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Norwegian Cruise Line Holdings had a net margin of 13.22% and a return on equity of 16.65%. Norwegian Cruise Line Holdings’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.85 EPS.

NCLH has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of Norwegian Cruise Line Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $69.00 price objective on shares of Norwegian Cruise Line Holdings in a research note on Thursday, October 12th. BidaskClub lowered shares of Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. Bank of America Corporation initiated coverage on shares of Norwegian Cruise Line Holdings in a research report on Monday, July 24th. They set a “buy” rating and a $65.00 price target on the stock. Finally, Deutsche Bank AG raised their price target on shares of Norwegian Cruise Line Holdings from $53.00 to $59.00 and gave the company a “hold” rating in a research report on Wednesday, August 9th. Eight equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Norwegian Cruise Line Holdings has an average rating of “Buy” and an average target price of $61.47.

In related news, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $54.57, for a total value of $306,956,250.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Harry Sommer sold 11,807 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $58.42, for a total transaction of $689,764.94. Following the completion of the transaction, the executive vice president now owns 42,195 shares in the company, valued at approximately $2,465,031.90. The disclosure for this sale can be found here. Insiders own 0.98% of the company’s stock.

About Norwegian Cruise Line Holdings

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.

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

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