Paloma Partners Management Co lifted its stake in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 348.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 139,652 shares of the company’s stock after purchasing an additional 108,543 shares during the period. Paloma Partners Management Co owned 0.06% of Norwegian Cruise Line worth $7,436,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. OxFORD Asset Management LLP purchased a new stake in shares of Norwegian Cruise Line in the 3rd quarter worth about $348,000. Guardian Capital LP purchased a new stake in shares of Norwegian Cruise Line in the 3rd quarter worth about $254,000. IFM Investors Pty Ltd bought a new position in shares of Norwegian Cruise Line in the 3rd quarter worth about $259,000. State Treasurer State of Michigan bought a new position in shares of Norwegian Cruise Line in the 4th quarter worth about $2,780,000. Finally, QUANTRES ASSET MANAGEMENT Ltd bought a new position in shares of Norwegian Cruise Line in the 4th quarter worth about $628,000. 88.85% of the stock is owned by hedge funds and other institutional investors.
In other Norwegian Cruise Line news, major shareholder Apollo Management Holdings Gp, sold 9,750,000 shares of the firm’s stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $56.00, for a total transaction of $546,000,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.98% of the stock is currently owned by company insiders.
Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at $57.15 on Monday. The firm has a market cap of $12,800.00, a PE ratio of 17.42, a price-to-earnings-growth ratio of 0.56 and a beta of 1.18. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.31 and a current ratio of 0.34. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $46.96 and a 12 month high of $61.48.
Norwegian Cruise Line (NASDAQ:NCLH) last released its quarterly earnings data on Thursday, February 22nd. The company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.05. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.25 billion. Norwegian Cruise Line had a net margin of 13.91% and a return on equity of 16.97%. Norwegian Cruise Line’s revenue was up 11.1% compared to the same quarter last year. During the same period last year, the business earned $0.56 EPS. equities research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 3.66 earnings per share for the current year.
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Norwegian Cruise Line 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.
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