Crossmark Global Holdings Inc. Takes Position in Norwegian Cruise Line Holdings Ltd. (NCLH)

Crossmark Global Holdings Inc. acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 26,690 shares of the company’s stock, valued at approximately $1,421,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Ameritas Investment Partners Inc. lifted its position in Norwegian Cruise Line by 1.9% in the second quarter. Ameritas Investment Partners Inc. now owns 4,083 shares of the company’s stock worth $222,000 after purchasing an additional 77 shares during the period. Toronto Dominion Bank lifted its position in Norwegian Cruise Line by 12.4% in the second quarter. Toronto Dominion Bank now owns 1,956 shares of the company’s stock worth $106,000 after purchasing an additional 216 shares during the period. PNC Financial Services Group Inc. lifted its position in Norwegian Cruise Line by 10.0% in the second quarter. PNC Financial Services Group Inc. now owns 4,278 shares of the company’s stock worth $232,000 after purchasing an additional 388 shares during the period. Sumitomo Mitsui Asset Management Company LTD lifted its position in Norwegian Cruise Line by 6.9% in the fourth quarter. Sumitomo Mitsui Asset Management Company LTD now owns 13,930 shares of the company’s stock worth $741,000 after purchasing an additional 902 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec lifted its position in Norwegian Cruise Line by 7.7% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 15,470 shares of the company’s stock worth $840,000 after purchasing an additional 1,100 shares during the period. Institutional investors and hedge funds own 88.85% of the company’s stock.

Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) opened at $58.88 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.34 and a quick ratio of 0.31. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $46.96 and a twelve month high of $61.48. The stock has a market capitalization of $13,450.00, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 0.56 and a beta of 1.17.

In other Norwegian Cruise Line news, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $54.11, for a total transaction of $270,550,000.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.98% of the stock is owned by insiders.

NCLH has been the subject of a number of research analyst reports. Stifel Nicolaus restated a “buy” rating and issued a $67.00 target price (down from $69.00) on shares of Norwegian Cruise Line in a research report on Thursday, October 19th. Argus began coverage on Norwegian Cruise Line in a research report on Wednesday, October 25th. They issued a “buy” rating and a $68.00 target price for the company. Zacks Investment Research raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Thursday, October 26th. Morgan Stanley upped their price target on Norwegian Cruise Line from $58.00 to $62.00 and gave the company an “equal weight” rating in a report on Friday, November 10th. Finally, Barclays upped their price target on Norwegian Cruise Line from $64.00 to $67.00 and gave the company an “overweight” rating in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $63.38.

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Norwegian Cruise Line 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.

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

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