Candriam Luxembourg S.C.A. maintained its stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,725 shares of the company’s stock at the end of the second quarter. Candriam Luxembourg S.C.A.’s holdings in Norwegian Cruise Line Holdings were worth $582,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. DnB Asset Management AS bought a new stake in shares of Norwegian Cruise Line Holdings during the first quarter valued at approximately $658,000. Boston Advisors LLC bought a new stake in shares of Norwegian Cruise Line Holdings during the first quarter valued at approximately $217,000. Columbus Circle Investors increased its stake in shares of Norwegian Cruise Line Holdings by 208.9% in the first quarter. Columbus Circle Investors now owns 648,648 shares of the company’s stock valued at $32,906,000 after buying an additional 438,658 shares in the last quarter. Nationwide Fund Advisors bought a new stake in shares of Norwegian Cruise Line Holdings during the first quarter valued at approximately $5,717,000. Finally, Mn Services Vermogensbeheer B.V. increased its stake in shares of Norwegian Cruise Line Holdings by 6.7% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,241 shares of the company’s stock valued at $201,000 after buying an additional 266 shares in the last quarter. 85.69% of the stock is owned by institutional investors and hedge funds.
Shares of Norwegian Cruise Line Holdings Ltd. (NCLH) opened at 57.45 on Wednesday. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $34.16 and a 52 week high of $61.48. The stock has a market capitalization of $13.11 billion, a P/E ratio of 19.42 and a beta of 1.16. The company has a 50-day moving average price of $55.45 and a 200 day moving average price of $51.90.
Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.05. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.31 billion. Norwegian Cruise Line Holdings had a return on equity of 16.65% and a net margin of 13.22%. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.85 earnings per share. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.97 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY NOTICE: This report was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this report on another website, it was illegally stolen and republished in violation of U.S. & international copyright law. The correct version of this report can be read at https://stocknewstimes.com/2017/08/16/candriam-luxembourg-s-c-a-has-582000-position-in-norwegian-cruise-line-holdings-ltd-nclh.html.
NCLH has been the subject of several analyst reports. Zacks Investment Research raised Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a report on Wednesday, April 26th. Wedbush upped their target price on Norwegian Cruise Line Holdings from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, May 11th. ValuEngine raised Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a report on Thursday, June 1st. Berenberg Bank reaffirmed a “buy” rating and set a $65.00 target price on shares of Norwegian Cruise Line Holdings in a report on Wednesday, June 28th. Finally, BidaskClub downgraded Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a report on Sunday, July 16th. Ten analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $57.94.
In other Norwegian Cruise Line Holdings news, CEO Jason Montague sold 15,000 shares of Norwegian Cruise Line Holdings stock in a transaction dated Monday, June 19th. The stock was sold at an average price of $53.26, for a total transaction of $798,900.00. Following the transaction, the chief executive officer now directly owns 72,831 shares in the company, valued at $3,878,979.06. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.98% of the company’s stock.
Norwegian Cruise Line Holdings 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.
Want to see what other hedge funds are holding NCLH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Norwegian Cruise Line Holdings Ltd. (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.
