PharVision Advisers LLC Purchases Shares of 10,016 Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

PharVision Advisers LLC bought a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,016 shares of the company’s stock, valued at approximately $258,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC purchased a new stake in shares of Norwegian Cruise Line during the fourth quarter worth about $99,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Norwegian Cruise Line by 13.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,443,936 shares of the company’s stock valued at $37,152,000 after buying an additional 167,923 shares during the last quarter. Voloridge Investment Management LLC increased its holdings in Norwegian Cruise Line by 3,403.3% in the fourth quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company’s stock valued at $86,828,000 after buying an additional 3,278,249 shares during the last quarter. Worldquant Millennium Advisors LLC increased its holdings in Norwegian Cruise Line by 468.7% in the fourth quarter. Worldquant Millennium Advisors LLC now owns 583,396 shares of the company’s stock valued at $15,011,000 after buying an additional 480,816 shares during the last quarter. Finally, Woodline Partners LP bought a new stake in Norwegian Cruise Line in the fourth quarter valued at about $679,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Price Performance

NYSE NCLH opened at $17.45 on Friday. The stock has a market capitalization of $7.80 billion, a P/E ratio of 16.01, a P/E/G ratio of 0.24 and a beta of 2.09. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The business’s fifty day moving average is $17.83 and its two-hundred day moving average is $23.03. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20.

Norwegian Cruise Line (NYSE:NCLH) last announced its earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.02). Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The firm had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same period last year, the firm earned $0.16 earnings per share. Norwegian Cruise Line’s revenue for the quarter was down 2.9% compared to the same quarter last year. On average, research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on NCLH shares. Truist Financial lowered their price objective on Norwegian Cruise Line from $35.00 to $27.00 and set a “buy” rating for the company in a report on Monday. Citigroup upped their target price on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a “buy” rating in a report on Friday, February 28th. Melius Research raised Norwegian Cruise Line to a “strong-buy” rating in a report on Monday, April 21st. Morgan Stanley lowered their target price on Norwegian Cruise Line from $21.00 to $20.00 and set an “equal weight” rating for the company in a report on Tuesday, May 6th. Finally, The Goldman Sachs Group lowered their target price on Norwegian Cruise Line from $31.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $25.63.

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.