Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Buys 3,334 Shares of Norwegian Cruise Line Holdings Ltd. (NCLH)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its stake in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 16.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,175 shares of the company’s stock after purchasing an additional 3,334 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Norwegian Cruise Line Holdings were worth $1,307,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. State Board of Administration of Florida Retirement System lifted its holdings in shares of Norwegian Cruise Line Holdings by 4.5% in the third quarter. State Board of Administration of Florida Retirement System now owns 218,737 shares of the company’s stock valued at $11,823,000 after purchasing an additional 9,360 shares in the last quarter. Morse Asset Management Inc lifted its holdings in shares of Norwegian Cruise Line Holdings by 23.7% in the third quarter. Morse Asset Management Inc now owns 54,055 shares of the company’s stock valued at $2,922,000 after purchasing an additional 10,345 shares in the last quarter. Andra AP fonden lifted its holdings in shares of Norwegian Cruise Line Holdings by 36.1% in the third quarter. Andra AP fonden now owns 44,100 shares of the company’s stock valued at $2,384,000 after purchasing an additional 11,700 shares in the last quarter. Westpac Banking Corp lifted its holdings in shares of Norwegian Cruise Line Holdings by 45.4% in the third quarter. Westpac Banking Corp now owns 13,845 shares of the company’s stock valued at $748,000 after purchasing an additional 4,326 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of Norwegian Cruise Line Holdings by 39.5% in the third quarter. Victory Capital Management Inc. now owns 25,023 shares of the company’s stock valued at $1,352,000 after purchasing an additional 7,090 shares in the last quarter. Institutional investors own 86.19% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This story was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & international trademark and copyright legislation. The original version of this story can be accessed at https://sportsperspectives.com/2017/11/14/mitsubishi-ufj-kokusai-asset-management-co-ltd-buys-3334-shares-of-norwegian-cruise-line-holdings-ltd-nclh.html.

A number of research firms have recently weighed in on NCLH. Wedbush set a $65.00 target price on Norwegian Cruise Line Holdings and gave the company a “buy” rating in a report on Sunday. Barclays PLC raised their target price on Norwegian Cruise Line Holdings from $64.00 to $67.00 and gave the company an “overweight” rating in a report on Friday. Morgan Stanley raised their target price on Norwegian Cruise Line Holdings from $58.00 to $62.00 and gave the company an “equal weight” rating in a report on Friday. Zacks Investment Research lowered Norwegian Cruise Line Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. Finally, Argus began coverage on Norwegian Cruise Line Holdings in a report on Wednesday, October 25th. They issued a “buy” rating and a $68.00 target price on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $62.80.

In other Norwegian Cruise Line Holdings news, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $54.57, for a total value of $306,956,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.98% of the company’s stock.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at $55.27 on Tuesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.34 and a quick ratio of 0.31. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $38.50 and a 52-week high of $61.48. The stock has a market capitalization of $12,618.06, a price-to-earnings ratio of 15.13, a price-to-earnings-growth ratio of 0.56 and a beta of 1.12.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its earnings results on Thursday, November 9th. The company reported $1.86 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.82 by $0.04. Norwegian Cruise Line Holdings had a return on equity of 16.97% and a net margin of 13.91%. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same period last year, the business posted $1.62 earnings per share. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post 3.82 EPS for the current fiscal year.

Norwegian Cruise Line Holdings 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.

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

Receive News & Ratings for Norwegian Cruise Line Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line Holdings Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply