Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Stock Holdings Boosted by UMB Bank n.a.

UMB Bank n.a. increased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 65.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,584 shares of the company’s stock after buying an additional 1,422 shares during the quarter. UMB Bank n.a.’s holdings in Norwegian Cruise Line were worth $92,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of NCLH. Dimensional Fund Advisors LP lifted its holdings in Norwegian Cruise Line by 32.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,568,122 shares of the company’s stock valued at $85,835,000 after acquiring an additional 1,129,770 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Norwegian Cruise Line by 5.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 13,713 shares of the company’s stock worth $258,000 after purchasing an additional 747 shares in the last quarter. AE Wealth Management LLC acquired a new stake in Norwegian Cruise Line during the second quarter valued at approximately $196,000. Sei Investments Co. boosted its holdings in Norwegian Cruise Line by 13.9% during the second quarter. Sei Investments Co. now owns 148,647 shares of the company’s stock worth $2,793,000 after buying an additional 18,167 shares in the last quarter. Finally, ProShare Advisors LLC grew its position in Norwegian Cruise Line by 76.0% in the second quarter. ProShare Advisors LLC now owns 132,900 shares of the company’s stock worth $2,497,000 after buying an additional 57,402 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on NCLH shares. Mizuho raised their price objective on Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Morgan Stanley lifted their price target on Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a research note on Tuesday, November 12th. Macquarie reaffirmed an “outperform” rating and set a $30.00 price objective on shares of Norwegian Cruise Line in a research note on Friday, January 17th. JPMorgan Chase & Co. raised their target price on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a “neutral” rating in a report on Tuesday, December 17th. Finally, Barclays upgraded shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $28.00 to $32.00 in a research report on Friday, December 13th. One analyst has rated the stock with a sell rating, seven have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $29.27.

Norwegian Cruise Line Price Performance

NCLH opened at $26.46 on Friday. 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 Holdings Ltd. has a 1 year low of $14.69 and a 1 year high of $28.64. The stock has a fifty day moving average price of $26.46 and a 200 day moving average price of $22.37. The stock has a market cap of $11.63 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 0.25 and a beta of 2.64.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.94 by $0.05. The business had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.77 billion. Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.71 EPS. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.5 EPS for the current fiscal year.

Insider Buying and Selling at Norwegian Cruise Line

In other news, insider Andrea Demarco sold 29,000 shares of Norwegian Cruise Line stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $27.76, for a total value of $805,040.00. Following the completion of the transaction, the insider now 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Faye L. Ashby sold 38,344 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief accounting officer now directly owns 116,270 shares in the company, valued at approximately $3,174,171. The trade was a 24.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,344 shares of company stock worth $2,269,731 over the last ninety days. 0.52% of the stock is currently owned by corporate insiders.

Norwegian Cruise Line Company 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.