Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) Shares Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. raised its position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 4.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 10,500 shares of the company’s stock after purchasing an additional 400 shares during the period. Assenagon Asset Management S.A.’s holdings in Norwegian Cruise Line were worth $544,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Crossmark Global Holdings Inc. boosted its stake in shares of Norwegian Cruise Line by 1.5% during the second quarter. Crossmark Global Holdings Inc. now owns 18,640 shares of the company’s stock valued at $1,000,000 after acquiring an additional 267 shares during the last quarter. Bank of Nova Scotia boosted its stake in shares of Norwegian Cruise Line by 0.6% during the second quarter. Bank of Nova Scotia now owns 48,146 shares of the company’s stock valued at $2,583,000 after acquiring an additional 306 shares during the last quarter. IFM Investors Pty Ltd boosted its stake in shares of Norwegian Cruise Line by 2.2% during the second quarter. IFM Investors Pty Ltd now owns 14,890 shares of the company’s stock valued at $799,000 after acquiring an additional 315 shares during the last quarter. Seeyond boosted its stake in shares of Norwegian Cruise Line by 2.1% during the second quarter. Seeyond now owns 17,198 shares of the company’s stock valued at $922,000 after acquiring an additional 349 shares during the last quarter. Finally, CSat Investment Advisory L.P. boosted its stake in shares of Norwegian Cruise Line by 100.0% during the second quarter. CSat Investment Advisory L.P. now owns 876 shares of the company’s stock valued at $47,000 after acquiring an additional 438 shares during the last quarter. 88.85% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts recently commented on the company. Morgan Stanley set a $59.00 price objective on Norwegian Cruise Line and gave the company a “buy” rating in a research note on Friday, August 9th. Nomura reaffirmed a “buy” rating on shares of Norwegian Cruise Line in a research note on Thursday, October 10th. Argus set a $68.00 price objective on Norwegian Cruise Line and gave the company a “buy” rating in a research note on Wednesday, September 4th. SunTrust Banks increased their price objective on Norwegian Cruise Line from $71.00 to $72.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Finally, Buckingham Research raised Norwegian Cruise Line from a “neutral” rating to a “buy” rating and increased their price objective for the company from $56.00 to $61.00 in a research note on Friday, August 9th. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $65.20.

Shares of NASDAQ:NCLH opened at $49.97 on Wednesday. The stock’s 50-day moving average price is $51.22 and its two-hundred day moving average price is $52.65. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $39.36 and a 12-month high of $59.71.

Norwegian Cruise Line (NASDAQ:NCLH) last issued its quarterly earnings results on Thursday, August 8th. The company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.04. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period in the previous year, the business posted $1.21 earnings per share. The firm’s quarterly revenue was up 9.3% on a year-over-year basis.

In other news, CEO Rio Frank J. Del sold 2,456 shares of the firm’s stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $50.23, for a total value of $123,364.88. Following the transaction, the chief executive officer now directly owns 404,094 shares in the company, valued at approximately $20,297,641.62. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Andrew Stuart sold 12,300 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $50.02, for a total value of $615,246.00. Following the completion of the transaction, the chief executive officer now owns 356,873 shares in the company, valued at $17,850,787.46. The disclosure for this sale can be found here. Over the last three months, insiders sold 45,300 shares of company stock worth $2,280,618. 0.98% of the stock is owned by corporate insiders.

Norwegian Cruise Line Profile

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

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Institutional Ownership by Quarter for Norwegian Cruise Line (NASDAQ:NCLH)

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