Duality Advisers LP Acquires 37,530 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Duality Advisers LP increased its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 262.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 51,843 shares of the company’s stock after acquiring an additional 37,530 shares during the quarter. Duality Advisers LP’s holdings in Norwegian Cruise Line were worth $1,039,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Larson Financial Group LLC increased its stake in shares of Norwegian Cruise Line by 38.0% in the third quarter. Larson Financial Group LLC now owns 3,574 shares of the company’s stock worth $59,000 after buying an additional 984 shares during the period. Parkside Financial Bank & Trust lifted its position in shares of Norwegian Cruise Line by 85.8% in the 3rd quarter. Parkside Financial Bank & Trust now owns 3,726 shares of the company’s stock worth $61,000 after purchasing an additional 1,721 shares during the period. Exchange Traded Concepts LLC bought a new stake in shares of Norwegian Cruise Line during the 3rd quarter valued at about $64,000. Mendota Financial Group LLC purchased a new position in shares of Norwegian Cruise Line during the fourth quarter valued at about $66,000. Finally, Rakuten Securities Inc. bought a new position in shares of Norwegian Cruise Line in the 4th quarter worth approximately $82,000. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Stock Up 5.5 %

NCLH stock opened at $19.56 on Wednesday. The business’s 50-day moving average is $18.84 and its two-hundred day moving average is $17.36. The company has a debt-to-equity ratio of 40.94, a quick ratio of 0.19 and a current ratio of 0.22. The company has a market cap of $8.33 billion, a price-to-earnings ratio of 69.86, a P/E/G ratio of 0.39 and a beta of 2.60. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $12.41 and a fifty-two week high of $22.75.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.05). The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.99 billion. Norwegian Cruise Line had a net margin of 1.94% and a return on equity of 108.69%. During the same quarter in the previous year, the business earned ($1.10) earnings per share. As a group, analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1 earnings per share for the current year.

Analyst Ratings Changes

NCLH has been the topic of a number of research reports. Susquehanna boosted their target price on shares of Norwegian Cruise Line from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, February 28th. Citigroup lowered their target price on shares of Norwegian Cruise Line from $23.00 to $19.00 and set a “neutral” rating for the company in a report on Monday, February 12th. Barclays increased their target price on Norwegian Cruise Line from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 28th. The Goldman Sachs Group initiated coverage on shares of Norwegian Cruise Line in a research report on Wednesday, March 13th. They set a “neutral” rating and a $19.00 price objective on the stock. Finally, Morgan Stanley lifted their target price on shares of Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an “underweight” rating in a report on Tuesday, March 5th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $20.87.

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.