Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc decreased its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 7.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,014 shares of the company’s stock after selling 1,767 shares during the period. Prospera Financial Services Inc’s holdings in Norwegian Cruise Line were worth $472,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC lifted its position in shares of Norwegian Cruise Line by 27.9% during the first quarter. O Shaughnessy Asset Management LLC now owns 13,389 shares of the company’s stock worth $280,000 after purchasing an additional 2,918 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its holdings in Norwegian Cruise Line by 50.8% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 141,429 shares of the company’s stock worth $2,961,000 after buying an additional 47,613 shares in the last quarter. Quadrature Capital Ltd purchased a new position in Norwegian Cruise Line in the 1st quarter valued at approximately $1,033,000. Price T Rowe Associates Inc. MD grew its stake in shares of Norwegian Cruise Line by 120.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 22,498,217 shares of the company’s stock worth $470,889,000 after acquiring an additional 12,313,426 shares in the last quarter. Finally, Transcendent Capital Group LLC purchased a new stake in shares of Norwegian Cruise Line during the first quarter worth $27,000. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Norwegian Cruise Line

In other Norwegian Cruise Line news, insider Andrea Demarco sold 29,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $27.76, for a total transaction of $805,040.00. Following the transaction, the insider now directly owns 97,304 shares in the company, valued at approximately $2,701,159.04. This represents a 22.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Faye L. Ashby sold 38,344 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $27.30, for a total value of $1,046,791.20. Following the completion of the transaction, the chief accounting officer now directly owns 116,270 shares of the company’s stock, valued at $3,174,171. The trade was a 24.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 82,344 shares of company stock valued at $2,269,731. 0.52% of the stock is owned by company insiders.

Norwegian Cruise Line Trading Up 0.4 %

NCLH opened at $26.86 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The firm has a market cap of $11.81 billion, a price-to-earnings ratio of 24.64, a price-to-earnings-growth ratio of 0.30 and a beta of 2.67. The business’s 50 day moving average is $23.52 and its two-hundred day moving average is $19.54. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.14 and a 52 week high of $28.11.

Norwegian Cruise Line (NYSE:NCLH) last announced its earnings results on Thursday, October 31st. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.05. The business had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.77 billion. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The business’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.71 earnings per share. On average, research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.51 EPS for the current year.

Wall Street Analyst Weigh In

NCLH has been the subject of several analyst reports. Barclays boosted their target price on Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Friday, November 1st. StockNews.com raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. UBS Group raised their target price on shares of Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Wells Fargo & Company boosted their price target on shares of Norwegian Cruise Line from $21.00 to $27.00 and gave the stock an “equal weight” rating in a report on Friday, November 1st. Finally, Susquehanna increased their price objective on shares of Norwegian Cruise Line from $18.00 to $19.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Norwegian Cruise Line presently has an average rating of “Hold” and a consensus price target of $27.60.

Norwegian Cruise Line Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.