Alpha Paradigm Partners LLC Has $351,000 Stock Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Alpha Paradigm Partners LLC boosted its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 54.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 11,924 shares of the company’s stock after buying an additional 4,212 shares during the quarter. Alpha Paradigm Partners LLC’s holdings in Norwegian Cruise Line were worth $351,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Daiwa Securities Group Inc. raised its holdings in Norwegian Cruise Line by 19.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 2,498 shares of the company’s stock worth $73,000 after purchasing an additional 407 shares during the last quarter. Wolverine Asset Management LLC raised its holdings in Norwegian Cruise Line by 3.3% during the 1st quarter. Wolverine Asset Management LLC now owns 13,257 shares of the company’s stock worth $365,000 after purchasing an additional 418 shares during the last quarter. Integrated Advisors Network LLC raised its holdings in Norwegian Cruise Line by 4.6% during the 2nd quarter. Integrated Advisors Network LLC now owns 9,958 shares of the company’s stock worth $293,000 after purchasing an additional 437 shares during the last quarter. HBK Sorce Advisory LLC raised its holdings in Norwegian Cruise Line by 3.9% during the 2nd quarter. HBK Sorce Advisory LLC now owns 12,805 shares of the company’s stock worth $377,000 after purchasing an additional 476 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in Norwegian Cruise Line by 0.8% during the 2nd quarter. State of Alaska Department of Revenue now owns 57,431 shares of the company’s stock worth $1,689,000 after purchasing an additional 482 shares during the last quarter. 51.72% of the stock is owned by hedge funds and other institutional investors.

NCLH has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on Norwegian Cruise Line from $25.00 to $26.00 and gave the company a “hold” rating in a research note on Friday, August 20th. Wolfe Research raised Norwegian Cruise Line from a “peer perform” rating to an “outperform” rating and set a $36.00 price target for the company in a research note on Wednesday, June 16th. Zacks Investment Research cut Norwegian Cruise Line from a “hold” rating to a “sell” rating and set a $30.00 target price for the company. in a research note on Tuesday, July 6th. Stifel Nicolaus increased their target price on Norwegian Cruise Line from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, August 9th. Finally, JPMorgan Chase & Co. increased their target price on Norwegian Cruise Line from $35.00 to $38.00 and gave the stock an “overweight” rating in a research note on Thursday, June 17th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $30.64.

NYSE:NCLH opened at $26.53 on Thursday. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.77 and a twelve month high of $34.49. The company has a quick ratio of 1.55, a current ratio of 1.59 and a debt-to-equity ratio of 3.21. The business has a 50 day moving average price of $25.71 and a two-hundred day moving average price of $27.73. The company has a market cap of $9.82 billion, a P/E ratio of -2.39 and a beta of 2.81.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Thursday, August 5th. The company reported ($1.93) EPS for the quarter, beating the consensus estimate of ($2.00) by $0.07. The company had revenue of $4.40 million during the quarter, compared to the consensus estimate of $9.14 million. Norwegian Cruise Line had a negative return on equity of 65.44% and a negative net margin of 14,870.70%. The firm’s revenue for the quarter was down 74.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($2.78) EPS. As a group, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post -7.1 earnings per share for the current fiscal year.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. engages in the provision of cruise travel services. It provides cruise experiences for travelers with itineraries in North America, Mediterranean, Baltic, Central America, Bermuda and Caribbean. It also offers an entirely inter-island itinerary in Hawaii. Its brands include Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises.

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Institutional Ownership by Quarter for Norwegian Cruise Line (NYSE:NCLH)

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