Guggenheim Capital LLC lifted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 994.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,112,884 shares of the company’s stock after acquiring an additional 1,011,177 shares during the quarter. Guggenheim Capital LLC owned 0.49% of Norwegian Cruise Line worth $59,262,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently bought and sold shares of NCLH. Cerebellum GP LLC purchased a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $112,000. Tower Research Capital LLC TRC increased its position in shares of Norwegian Cruise Line by 395.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the company’s stock worth $143,000 after acquiring an additional 2,154 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in shares of Norwegian Cruise Line during the third quarter worth $202,000. Baird Financial Group Inc. acquired a new position in shares of Norwegian Cruise Line during the fourth quarter worth $216,000. Finally, Beach Investment Counsel Inc. PA acquired a new position in shares of Norwegian Cruise Line during the fourth quarter worth $223,000. 88.85% of the stock is currently owned by institutional investors and hedge funds.
Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at $56.65 on Wednesday. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 1.08. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $46.96 and a 12 month high of $61.48. The stock has a market cap of $12,560.00, a price-to-earnings ratio of 17.27, a price-to-earnings-growth ratio of 0.56 and a beta of 1.18.
In other Norwegian Cruise Line news, major shareholder Apollo Management Holdings Gp, sold 9,750,000 shares of the company’s stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $56.00, for a total value of $546,000,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.98% of the company’s stock.
NCLH has been the subject of a number of analyst reports. Macquarie downgraded shares of Norwegian Cruise Line from a “neutral” rating to an “underperform” rating and set a $47.00 target price for the company. in a research note on Thursday, November 30th. Tigress Financial reiterated a “buy” rating on shares of Norwegian Cruise Line in a research note on Monday, November 27th. Zacks Investment Research downgraded shares of Norwegian Cruise Line from a “buy” rating to a “hold” rating in a research note on Tuesday, January 23rd. BidaskClub downgraded shares of Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. Finally, Morgan Stanley boosted their target price on shares of Norwegian Cruise Line from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the company’s stock. Norwegian Cruise Line presently has an average rating of “Buy” and a consensus target price of $64.86.
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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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