Inc. NY Lowers Stake in Norwegian Cruise Line Holdings Ltd. (NCLH)

Marco Green
January 27, 2018

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded up 1.09% during midday trading on Friday, reaching $44.50. The stock decreased 0.26% or $0.35 during the last trading session, reaching $135.68. The stock's average target of $43.50 is -27.10% below today's ($59.67) share price. POSCO (NYSE:PKX) has risen 41.43% since January 27, 2017 and is uptrending. It has underperformed by 37.57% the S&P500.

Hodges Capital Management Inc increased its stake in Norwegian Cruise Line Holdings (NCLH) by 480.6% based on its latest 2017Q3 regulatory filing with the SEC. Thomas J Herzfeld Advisors Inc sold 12,999 shares as the company's stock rose 3.46% with the market. The institutional investor held 37,222 shares of the marine transportation company at the end of 2017Q3, valued at $2.01 million, down from 212,456 at the end of the previous reported quarter. Apollo Management Holdings Lp who had been investing in Norwegian Cruise Line Hldgs for a number of months, seems to be less bullish one the $13.67 billion market cap company. SunTrust Banks also issued estimates for Norwegian Cruise Line's Q2 2018 earnings at $1.00 EPS, Q3 2018 earnings at $2.35 EPS, Q4 2018 earnings at $0.85 EPS, FY2018 earnings at $4.60 EPS, Q1 2019 earnings at $0.50 EPS, Q2 2019 earnings at $1.12 EPS, Q3 2019 earnings at $2.45 EPS, Q4 2019 earnings at $0.93 EPS and FY2019 earnings at $5.00 EPS. About 22,297 shares traded. Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) has risen 6.36% since January 27, 2017 and is uptrending. It has underperformed by 10.34% the S&P500. Barrow Hanley Mewhinney Strauss Ltd Liability has invested 0.54% in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH). Therefore 48% are positive. United Technologies Corporation had 72 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Canadian Imperial Bank of Commerce (NYSE:CM) earned "Outperform" rating by BMO Capital Markets on Monday, August 31. The firm earned "Buy" rating on Monday, October 30 by SunTrust. Goldman Sachs upgraded the shares of NCLH in report on Wednesday, February 24 to "Neutral" rating. Compass Point maintained the stock with "Buy" rating in Wednesday, October 28 report. The rating was maintained by Canaccord Genuity on Thursday, August 27 with "Hold". The company was upgraded on Tuesday, September 1 by Zacks. The company was maintained on Friday, August 26 by RBC Capital Markets. The firm has "Neutral" rating given on Tuesday, October 4 by Macquarie Research.

Westend Advisors Llc, which manages about $1139.57B US Long portfolio, upped its stake in Vanguard Ftse All (VEU) by 55,214 shares to 437,119 shares, valued at $23.04B in 2017Q3, according to the filing. Vanguard Group Inc. lifted its stake in Norwegian Cruise Line by 3.5% in the 2nd quarter. Hanson Mcclain Inc accumulated 100 shares.

Shares of Norwegian Cruise Line (NCLH) opened at $60.93 on Thursday. They expect $0.63 earnings per share, up 31.25% or $0.15 from last year's $0.48 per share. NCLH's profit will be $143.93M for 24.18 P/E if the $0.63 EPS becomes a reality. Stoneridge Investment Partners LLC increased its stake in Norwegian Cruise Line Holdings by 313.7% in the second quarter.

Tiger Management Llc, which manages about $799.15M and $552.72 million US Long portfolio, decreased its stake in Broadcom Ltd by 8,600 shares to 80,400 shares, valued at $19.50 million in 2017Q3, according to the filing. It also reduced its holding in Biotelemetry Inc (NASDAQ:BEAT) by 12,105 shares in the quarter, leaving it with 427,940 shares, and cut its stake in Wells Fargo & Co (NYSE:WFC).

Since August 15, 2017, it had 0 buys, and 3 insider sales for $716.92 million activity. The insider Star NCLC Holdings Ltd. sold $409.28M. After having $1.86 EPS previously, Norwegian Cruise Line Holdings Ltd.'s analysts see -66.13% EPS growth. Therefore 57% are positive. (NASDAQ:AAPL), 39 have Buy rating, 1 Sell and 13 Hold. Susquehanna maintained Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) on Thursday, January 18 with "Buy" rating. The stock has "Hold" rating by Stifel Nicolaus on Thursday, August 10. Hsbc Public Ltd Co holds 0% or 16,488 shares.

Investors sentiment increased to 1.03 in Q3 2017. The company reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.59 by $0.03. It increased, as 16 investors sold NCLH shares while 85 reduced holdings. Capital International Investors raised its position in shares of Norwegian Cruise Line by 2.3% during the 2nd quarter. 621.08 million shares or 1.52% more from 611.76 million shares in 2017Q2 were reported. Norwegian Cruise Line's quarterly revenue was up 11.2% compared to the same quarter last year. research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 3.66 earnings per share for the current year. Cibc Asset Inc reported 17,134 shares. The institutional investor owned 60,709 shares of the company's stock after selling 165 shares during the period. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $46.83 and a 1 year high of $61.48. A month ago, analyst EPS consensus estimated earnings of US$0.63 per share. Geode Ltd accumulated 1.50M shares. On Tuesday, August 15 Sommer Harry sold $689,765 worth of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) or 11,807 shares. Assetmark stated it has 0% of its portfolio in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH). Parametric Assoc Ltd Company invested in 0.03% or 452,636 shares. Bb&T Secs Ltd Liability Corp invested in 133,984 shares or 0.1% of the stock. Cambridge Tru owns 13,330 shares.

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