Huntington National Bank Acquires 2,221 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Huntington National Bank increased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 173.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,504 shares of the company’s stock after buying an additional 2,221 shares during the quarter. Huntington National Bank’s holdings in Norwegian Cruise Line were worth $72,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Norwegian Cruise Line by 0.7% in the first quarter. Vanguard Group Inc. now owns 49,539,911 shares of the company’s stock worth $1,036,870,000 after acquiring an additional 324,287 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of Norwegian Cruise Line by 27.9% in the first quarter. O Shaughnessy Asset Management LLC now owns 13,389 shares of the company’s stock valued at $280,000 after acquiring an additional 2,918 shares during the period. CANADA LIFE ASSURANCE Co grew its position in Norwegian Cruise Line by 50.8% during the first quarter. CANADA LIFE ASSURANCE Co now owns 141,429 shares of the company’s stock worth $2,961,000 after buying an additional 47,613 shares in the last quarter. Burns Matteson Capital Management LLC purchased a new position in Norwegian Cruise Line in the 1st quarter worth approximately $393,000. Finally, Capital International Investors boosted its holdings in shares of Norwegian Cruise Line by 0.5% in the 1st quarter. Capital International Investors now owns 20,216,746 shares of the company’s stock worth $423,136,000 after purchasing an additional 102,948 shares in the last quarter. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Price Performance

Shares of Norwegian Cruise Line stock opened at $26.10 on Tuesday. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.13 and a one year high of $28.11. The stock has a market cap of $11.48 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth ratio of 0.27 and a beta of 2.67. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. The stock has a 50 day moving average price of $22.90 and a 200-day moving average price of $19.26.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.94 by $0.05. The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.77 billion. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The firm’s revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 EPS. Equities analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.64 EPS for the current year.

Insider Activity at Norwegian Cruise Line

In other Norwegian Cruise Line news, CAO Faye L. Ashby sold 38,344 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $27.30, for a total transaction of $1,046,791.20. Following the transaction, the chief accounting officer now owns 116,270 shares in the company, valued at approximately $3,174,171. This represents a 24.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Andrea Demarco sold 29,000 shares of Norwegian Cruise Line stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $27.76, for a total value of $805,040.00. Following the sale, the insider now directly owns 97,304 shares of the company’s stock, valued at $2,701,159.04. This trade represents a 22.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,344 shares of company stock valued at $2,269,731 over the last ninety days. 0.52% of the stock is owned by company insiders.

Analyst Ratings Changes

NCLH has been the topic of several recent research reports. The Goldman Sachs Group raised their price target on Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Stifel Nicolaus raised their price target on Norwegian Cruise Line from $27.00 to $29.00 and gave the company a “buy” rating in a report on Friday, October 4th. Tigress Financial lifted their price objective on Norwegian Cruise Line from $32.00 to $36.00 and gave the stock a “strong-buy” rating in a report on Monday, November 11th. Barclays upped their price target on shares of Norwegian Cruise Line from $26.00 to $28.00 and gave the company an “equal weight” rating in a research report on Friday, November 1st. Finally, Morgan Stanley increased their target price on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $27.60.

About Norwegian Cruise Line

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.