LRI Investments LLC Purchases Shares of 1,812 Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

LRI Investments LLC purchased a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,812 shares of the company’s stock, valued at approximately $47,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Janus Henderson Group PLC raised its stake in shares of Norwegian Cruise Line by 6.3% in the 4th quarter. Janus Henderson Group PLC now owns 211,821 shares of the company’s stock valued at $5,452,000 after purchasing an additional 12,538 shares during the period. Hudson Bay Capital Management LP acquired a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at about $5,033,000. Gotham Asset Management LLC increased its position in shares of Norwegian Cruise Line by 38.6% in the fourth quarter. Gotham Asset Management LLC now owns 280,336 shares of the company’s stock valued at $7,213,000 after acquiring an additional 78,092 shares during the last quarter. Graham Capital Management L.P. increased its position in shares of Norwegian Cruise Line by 155.8% in the fourth quarter. Graham Capital Management L.P. now owns 249,104 shares of the company’s stock valued at $6,409,000 after acquiring an additional 151,705 shares during the last quarter. Finally, Granahan Investment Management LLC acquired a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at about $7,634,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Up 1.0%

Shares of NCLH stock opened at $19.34 on Wednesday. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The stock has a market cap of $8.64 billion, a P/E ratio of 17.74, a price-to-earnings-growth ratio of 0.24 and a beta of 2.09. The stock has a 50 day simple moving average of $17.93 and a 200 day simple moving average of $23.31. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.02). The company had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.15 billion. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The company’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.16 earnings per share. On average, research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on NCLH shares. StockNews.com downgraded Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research report on Saturday, May 3rd. Susquehanna lowered their price target on Norwegian Cruise Line from $27.00 to $18.00 and set a “neutral” rating on the stock in a research report on Thursday, May 1st. Melius Research raised Norwegian Cruise Line to a “strong-buy” rating in a research report on Monday, April 21st. Loop Capital lowered their price target on Norwegian Cruise Line from $25.00 to $24.00 and set a “buy” rating on the stock in a research report on Thursday, May 1st. Finally, The Goldman Sachs Group lowered their price target on Norwegian Cruise Line from $31.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $26.05.

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.