Patriot Financial Group Insurance Agency LLC Has $396,000 Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Patriot Financial Group Insurance Agency LLC grew its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 5.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,395 shares of the company’s stock after buying an additional 784 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Norwegian Cruise Line were worth $396,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of NCLH. Sei Investments Co. grew its holdings in Norwegian Cruise Line by 13.9% in the second quarter. Sei Investments Co. now owns 148,647 shares of the company’s stock worth $2,793,000 after purchasing an additional 18,167 shares during the period. Public Sector Pension Investment Board boosted its position in shares of Norwegian Cruise Line by 13.9% during the 2nd quarter. Public Sector Pension Investment Board now owns 72,699 shares of the company’s stock worth $1,366,000 after purchasing an additional 8,858 shares in the last quarter. AXA S.A. acquired a new stake in shares of Norwegian Cruise Line in the 2nd quarter valued at about $962,000. AQR Capital Management LLC grew its stake in shares of Norwegian Cruise Line by 371.9% in the 2nd quarter. AQR Capital Management LLC now owns 439,637 shares of the company’s stock valued at $8,234,000 after buying an additional 346,471 shares during the period. Finally, Creative Planning increased its position in Norwegian Cruise Line by 4.0% in the 2nd quarter. Creative Planning now owns 511,375 shares of the company’s stock valued at $9,609,000 after buying an additional 19,734 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Up 0.1 %

NCLH stock opened at $28.47 on Thursday. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.69 and a 1-year high of $28.73. The stock has a market cap of $12.52 billion, a P/E ratio of 26.12, a P/E/G ratio of 0.24 and a beta of 2.64. The stock’s fifty day simple moving average is $26.48 and its two-hundred day simple moving average is $22.61. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.05. The company had revenue of $2.81 billion during the quarter, compared to analyst estimates 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 for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.71 earnings per share. Analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.5 EPS for the current year.

Insider Transactions at Norwegian Cruise Line

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

Analyst Ratings Changes

Several research analysts have issued reports on the company. Truist Financial increased their price target on Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. StockNews.com raised shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Citigroup upgraded shares of Norwegian Cruise Line from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $20.00 to $30.00 in a report on Wednesday, October 9th. Bank of America raised their price objective on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Norwegian Cruise Line from $21.00 to $24.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $29.27.

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.