Wedbush Boosts Norwegian Cruise Line Holdings Ltd (NCLH) Price Target to $53.00

Marco Green
May 19, 2017

We have $51.39 PT which if reached, will make NYSE:STI worth $1.32B less. UBS Asset Management Americas Inc. increased its stake in shares of Norwegian Cruise Line Holdings by 564.2% in the fourth quarter. Institutional investors and hedge funds own 87.57% of the company's stock. The Tyvor Capital Llc holds 187,066 shares with $7.96 million value, up from 133,367 last quarter. The stock declined 4.03% or $2.03 reaching $48.28 on the news. The target implies a -100% decrease from where the shares are now trading. Finally, Morgan Stanley reissued an "equal weight" rating and set a $49.00 price objective (up from $46.00) on shares of Norwegian Cruise Line Holdings in a research report on Thursday, February 23rd. It has by 0.00% the S&P500. The company has a market cap of $11.74 billion, a price-to-earnings ratio of 18.86 and a beta of 1.16. The Company's principal subsidiary is SunTrust Bank. It has a 18.78 P/E ratio. The Company's business divisions include Consumer Banking and Private Wealth Management, Wholesale Banking, Mortgage Banking and Corporate Other.

Investors sentiment decreased to 1.32 in Q4 2016. Its down 0.05, from 0.98 in 2016Q3. 66 funds opened positions while 112 raised stakes. 396.46 million shares or 0.52% more from 394.42 million shares in 2016Q3 were reported. 239,404 were reported by Endurant Mngmt Lp. Highlander Management Lc holds 5,000 shares. Toronto Dominion Bank has 1,378 shares for 0% of their portfolio. Associated Banc holds 58,525 shares. Teachers Retirement Of The State Of Kentucky has 15,840 shares for 0.01% of their portfolio. 5,059 are held by Bnp Paribas Arbitrage Sa. Alpha Windward has invested 0.02% of its portfolio in HealthSouth Corp (NYSE:HLS). (NYSE:STI). 390,293 were reported by First Trust Advsr Limited Partnership. Great West Life Assurance Co Can holds 0.01% or 50,705 shares. Bluecrest Cap Management Ltd invested in 53,758 shares or 0.13% of the stock. Point72 Asset Limited Partnership accumulated 397,300 shares. Terril Brothers holds 67,500 shares or 1.29% of its portfolio. State Board Of Administration Of Florida Retirement Systems holds 0.03% or 208,996 shares in its portfolio. (NYSE:STI) or 65,096 shares.

Analysts await Guidewire Software Inc (NYSE:GWRE) to report earnings on June, 7. (NYSE:STI) to report earnings on July, 28. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.96. HLS's profit will be $61.68M for 17.31 P/E if the $0.69 EPS becomes a reality. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.03. MCADAM WILLIAM J bought $169,200 worth of stock. Johnson Susan S sold 757 shares worth $45,291. Shares for $1.34 million were sold by Freeman Thomas E. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Therefore 48% are positive. The analysts estimated sales for the higher end at 1324.5 million and lower end at 1254.78 million while the year ago reported sale was 1379.21 million. The brokerage now has a neutral rating on the stock. Bankhaus Lampe maintained TOM TAILOR Holding AG (ETR:TTI) on Friday, January 29 with "Hold" rating. Mizuho downgraded the shares of HLS in report on Wednesday, November 9 to "Neutral" rating. The firm earned "Buy" rating on Friday, February 19 by Buckingham Research. The rating was initiated by Barclays Capital with "Overweight" on Wednesday, November 25. The rating was initiated by Wells Fargo on Monday, December 7 with "Outperform". Robert W. Baird downgraded the shares of STI in report on Friday, July 15 to " rating. Bankhaus Lampe upgraded the stock to "Buy" rating in Monday, August 10 report. Another trade for 70,000 shares valued at $3.58 million was sold by Stuart Andrew.

Since December 1, 2016, it had 0 insider purchases, and 40 insider sales for $9.28 million activity.

Several large investors have recently modified their holdings of NCLH. 44 funds opened positions while 81 raised stakes. 197.05 million shares or 0.70% less from 198.43 million shares in 2016Q3 were reported. It also upped Anika Therapeutics Inc (NASDAQ:ANIK) stake by 19,945 shares and now owns 156,885 shares. Aperio Gp Ltd Limited Liability Company reported 0% stake. State Common Retirement Fund owns 428,795 shares or 0.03% of their USA portfolio. Palouse Cap holds 41,747 shares or 0.73% of its portfolio. 11,946 are owned by Verition Fund Mgmt Ltd Liability Corporation. Epoch Inv Prtnrs accumulated 375,593 shares. Analysts set a 12-month price target of $0 a share. Finally, Janus Capital Management LLC increased its stake in Norwegian Cruise Line Holdings by 14.3% in the first quarter.

Norwegian Cruise Line Holdings Ltd. (NCLH) now has P/E (Price to Earnings) ratio of 19.4 while the company's industry has 24.97 P/E and the sector P/E is 22.99. Norwegian Cruise Line Holdings had a return on equity of 17.60% and a net margin of 12.52%. Zurcher Kantonalbank (Zurich Cantonalbank) owns 26,639 shares. Gentex Corp (NASDAQ:GNTX) was raised too. Therefore 40% are positive. The Firm operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Citigroup maintained the stock with "Buy" rating in Tuesday, August 23 report. The firm has "Neutral" rating by Goldman Sachs given on Wednesday, February 24. The firm has "Buy" rating by SunTrust given on Thursday, March 17.

Norwegian Cruise Line Holdings Ltd.is a global cruise company. UBS downgraded it to "Neutral" rating and $42 target in Wednesday, October 5 report. The rating was maintained by Stifel Nicolaus with "Buy" on Wednesday, August 5.

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