XML Financial LLC Sells 8,297 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

XML Financial LLC cut its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 47.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,358 shares of the company’s stock after selling 8,297 shares during the period. XML Financial LLC’s holdings in Norwegian Cruise Line were worth $241,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of NCLH. Prestige Wealth Management Group LLC boosted its holdings in Norwegian Cruise Line by 192.3% during the third quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock valued at $25,000 after purchasing an additional 800 shares in the last quarter. Avior Wealth Management LLC boosted its stake in shares of Norwegian Cruise Line by 34.1% in the 3rd quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock valued at $35,000 after purchasing an additional 429 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Norwegian Cruise Line by 489.8% in the 3rd quarter. Blue Trust Inc. now owns 2,188 shares of the company’s stock worth $41,000 after purchasing an additional 1,817 shares during the last quarter. Brooklyn Investment Group bought a new position in Norwegian Cruise Line during the 3rd quarter valued at about $56,000. Finally, Huntington National Bank boosted its position in Norwegian Cruise Line by 173.1% in the third quarter. Huntington National Bank now owns 3,504 shares of the company’s stock valued at $72,000 after buying an additional 2,221 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NCLH has been the subject of a number of research analyst reports. UBS Group lifted their target price on shares of Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Barclays raised Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $28.00 to $32.00 in a research note on Friday, December 13th. JPMorgan Chase & Co. raised their target price on Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Tuesday, December 17th. Bank of America upped their price target on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. Finally, Truist Financial raised their price objective on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Norwegian Cruise Line has an average rating of “Moderate Buy” and an average target price of $29.27.

Norwegian Cruise Line Trading Up 0.8 %

NYSE NCLH opened at $26.46 on Friday. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.69 and a 12 month high of $28.64. The stock has a 50-day simple moving average of $26.46 and a 200 day simple moving average of $22.37. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The company has a market capitalization of $11.63 billion, a PE ratio of 24.27, a P/E/G ratio of 0.25 and a beta of 2.64.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.05. The business had revenue of $2.81 billion for 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%. Norwegian Cruise Line’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period last year, the company posted $0.71 EPS. Research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.5 EPS for the current year.

Insider Transactions at Norwegian Cruise Line

In other news, CFO Mark Kempa sold 15,000 shares of Norwegian Cruise Line stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $27.86, for a total transaction of $417,900.00. Following the transaction, the chief financial officer now owns 253,386 shares in the company, valued at $7,059,333.96. The trade was a 5.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Faye L. Ashby sold 38,344 shares of the business’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 owns 116,270 shares of the company’s stock, valued at $3,174,171. This represents a 24.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 82,344 shares of company stock valued at $2,269,731 over the last three months. 0.52% of the stock is currently owned by corporate insiders.

Norwegian Cruise Line Company 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.