Norwegian Cruise Line Holdings Ltd. (NCLH) Shares Sold by Hodges Capital Management Inc.

Hodges Capital Management Inc. lessened its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 231,395 shares of the company’s stock after selling 5,125 shares during the period. Hodges Capital Management Inc. owned approximately 0.10% of Norwegian Cruise Line worth $12,322,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NCLH. Janus Henderson Group PLC lifted its position in Norwegian Cruise Line by 11.1% during the third quarter. Janus Henderson Group PLC now owns 8,232,552 shares of the company’s stock worth $444,968,000 after buying an additional 822,804 shares during the period. DSM Capital Partners LLC lifted its position in Norwegian Cruise Line by 106.1% during the third quarter. DSM Capital Partners LLC now owns 3,591,761 shares of the company’s stock worth $194,135,000 after buying an additional 1,848,761 shares during the period. State Street Corp lifted its position in Norwegian Cruise Line by 1.2% during the second quarter. State Street Corp now owns 2,950,384 shares of the company’s stock worth $160,177,000 after buying an additional 35,511 shares during the period. Dimensional Fund Advisors LP lifted its position in Norwegian Cruise Line by 11.2% during the third quarter. Dimensional Fund Advisors LP now owns 2,670,028 shares of the company’s stock worth $144,307,000 after buying an additional 269,534 shares during the period. Finally, Jennison Associates LLC lifted its position in Norwegian Cruise Line by 1.1% during the fourth quarter. Jennison Associates LLC now owns 1,709,286 shares of the company’s stock worth $91,019,000 after buying an additional 19,262 shares during the period. 88.85% of the stock is currently owned by institutional investors.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) traded up $0.13 during midday trading on Thursday, hitting $59.01. The company had a trading volume of 253,686 shares, compared to its average volume of 1,611,711. The company has a market cap of $13,450.00, a P/E ratio of 18.40, a price-to-earnings-growth ratio of 0.56 and a beta of 1.17. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $46.96 and a 1-year high of $61.48. The company has a current ratio of 0.34, a quick ratio of 0.31 and a debt-to-equity ratio of 1.08.

NCLH has been the topic of a number of research reports. Macquarie downgraded Norwegian Cruise Line from a “neutral” rating to an “underperform” rating and set a $47.00 price objective on the stock. in a report on Thursday, November 30th. Zacks Investment Research lowered Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. Tigress Financial reiterated a “buy” rating on shares of Norwegian Cruise Line in a research note on Monday, November 27th. Argus started coverage on Norwegian Cruise Line in a research note on Wednesday, October 25th. They issued a “buy” rating and a $68.00 target price for the company. Finally, BidaskClub lowered Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $63.38.

In related news, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $54.11, for a total value of $270,550,000.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.98% of the company’s stock.

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About Norwegian Cruise Line

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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