Sloy Dahl & Holst LLC Has $841,000 Stock Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Sloy Dahl & Holst LLC reduced its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 19.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 40,200 shares of the company’s stock after selling 10,000 shares during the period. Sloy Dahl & Holst LLC’s holdings in Norwegian Cruise Line were worth $841,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in NCLH. Wellington Management Group LLP boosted its position in shares of Norwegian Cruise Line by 5.3% during the fourth quarter. Wellington Management Group LLP now owns 201,150 shares of the company’s stock worth $4,031,000 after purchasing an additional 10,174 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Norwegian Cruise Line by 58.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,105,324 shares of the company’s stock valued at $62,240,000 after acquiring an additional 1,141,086 shares during the period. Mather Group LLC. bought a new stake in shares of Norwegian Cruise Line in the first quarter worth about $87,000. WealthPlan Investment Management LLC acquired a new stake in shares of Norwegian Cruise Line during the third quarter worth about $1,824,000. Finally, Deutsche Bank AG lifted its holdings in shares of Norwegian Cruise Line by 44.3% during the 3rd quarter. Deutsche Bank AG now owns 879,293 shares of the company’s stock valued at $14,491,000 after purchasing an additional 269,849 shares in the last quarter. Institutional investors own 69.58% of the company’s stock.

Insiders Place Their Bets

In other Norwegian Cruise Line news, Director Zillah Byng-Thorne purchased 13,360 shares of the firm’s stock in a transaction on Friday, May 31st. The shares were purchased at an average cost of $16.50 per share, with a total value of $220,440.00. Following the completion of the purchase, the director now owns 13,360 shares of the company’s stock, valued at approximately $220,440. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Susquehanna reduced their price target on shares of Norwegian Cruise Line from $21.00 to $18.00 and set a “neutral” rating for the company in a report on Thursday, May 2nd. Morgan Stanley increased their target price on Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an “underweight” rating in a report on Tuesday, March 5th. Barclays reduced their price objective on Norwegian Cruise Line from $21.00 to $20.00 and set an “equal weight” rating for the company in a research report on Thursday, May 2nd. Stifel Nicolaus lifted their target price on Norwegian Cruise Line from $25.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, May 21st. Finally, Mizuho raised shares of Norwegian Cruise Line from a “neutral” rating to a “buy” rating and raised their price target for the stock from $21.00 to $24.00 in a research note on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $21.79.

Norwegian Cruise Line Stock Up 0.3 %

NYSE:NCLH traded up $0.05 on Wednesday, hitting $17.66. The stock had a trading volume of 1,865,754 shares, compared to its average volume of 13,049,070. The stock has a market cap of $7.58 billion, a P/E ratio of 25.16, a price-to-earnings-growth ratio of 0.31 and a beta of 2.69. The company has a debt-to-equity ratio of 33.16, a quick ratio of 0.22 and a current ratio of 0.24. The firm’s fifty day simple moving average is $17.12 and its two-hundred day simple moving average is $18.05. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $12.70 and a 1 year high of $22.75.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Wednesday, May 1st. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.05. Norwegian Cruise Line had a return on equity of 136.20% and a net margin of 3.84%. The firm had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.24 billion. Analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.17 earnings per share for the current year.

Norwegian Cruise Line Profile

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