Carroll Financial Associates Inc. Raises Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)


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Carroll Financial Associates Inc. lifted its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 157.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,391 shares of the company’s stock after buying an additional 3,298 shares during the period. Carroll Financial Associates Inc.’s holdings in Norwegian Cruise Line were worth $148,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Baron Silver Stevens Financial Advisors LLC purchased a new position in Norwegian Cruise Line in the fourth quarter valued at about $25,000. Fieldpoint Private Securities LLC purchased a new position in Norwegian Cruise Line in the fourth quarter valued at about $26,000. Samalin Investment Counsel LLC purchased a new position in Norwegian Cruise Line in the fourth quarter valued at about $31,000. Truvestments Capital LLC purchased a new position in Norwegian Cruise Line in the fourth quarter valued at about $35,000. Finally, Bedel Financial Consulting Inc. boosted its holdings in Norwegian Cruise Line by 126.2% in the fourth quarter. Bedel Financial Consulting Inc. now owns 1,443 shares of the company’s stock valued at $37,000 after purchasing an additional 805 shares during the last quarter. 50.47% of the stock is owned by institutional investors.

A number of research analysts recently commented on NCLH shares. JPMorgan Chase & Co. increased their price target on Norwegian Cruise Line from $33.00 to $36.00 and gave the company an “overweight” rating in a report on Monday, March 22nd. Deutsche Bank Aktiengesellschaft increased their price target on Norwegian Cruise Line from $22.00 to $25.00 and gave the stock a “hold” rating in a research report on Friday, February 26th. Berenberg Bank cut Norwegian Cruise Line from a “buy” rating to a “hold” rating and set a $22.00 price target on the stock. in a research report on Friday, February 12th. Morgan Stanley increased their price target on Norwegian Cruise Line from $11.00 to $23.00 and gave the stock an “underweight” rating in a research report on Monday, March 8th. Finally, Truist Securities increased their price target on Norwegian Cruise Line from $20.00 to $25.00 in a research report on Monday, March 15th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. Norwegian Cruise Line presently has an average rating of “Hold” and an average price target of $22.89.

Shares of NYSE NCLH opened at $29.26 on Tuesday. The stock has a fifty day moving average price of $29.22 and a two-hundred day moving average price of $25.52. The company has a debt-to-equity ratio of 2.56, a quick ratio of 1.10 and a current ratio of 1.14. The firm has a market cap of $9.28 billion, a P/E ratio of -2.13 and a beta of 2.87. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $9.24 and a 1 year high of $34.49.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Thursday, February 25th. The company reported ($2.33) earnings per share for the quarter, missing the consensus estimate of ($2.17) by ($0.16). The company had revenue of $9.58 million for the quarter, compared to the consensus estimate of $9.82 million. Norwegian Cruise Line had a negative return on equity of 28.18% and a negative net margin of 114.59%. During the same period in the prior year, the business earned $0.73 earnings per share. On average, research analysts predict that Norwegian Cruise Line Holdings Ltd. will post -9.09 earnings per share for the current fiscal year.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in the North America, Europe, the Asia-Pacific, and internationally. The company operates 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 locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, India and the rest of Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, South America, the Panama Canal, and the Caribbean.

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

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