Norwegian Cruise Line Holdings Ltd. (NCLH) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. cut its stake in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 5.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,831 shares of the company’s stock after selling 2,200 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Norwegian Cruise Line were worth $2,079,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Boston Advisors LLC increased its holdings in Norwegian Cruise Line by 0.9% in the first quarter. Boston Advisors LLC now owns 22,849 shares of the company’s stock valued at $1,256,000 after buying an additional 195 shares in the last quarter. LPL Financial LLC increased its holdings in Norwegian Cruise Line by 4.7% in the fourth quarter. LPL Financial LLC now owns 5,070 shares of the company’s stock valued at $215,000 after buying an additional 227 shares in the last quarter. Great West Life Assurance Co. Can increased its holdings in Norwegian Cruise Line by 15.2% in the fourth quarter. Great West Life Assurance Co. Can now owns 2,196 shares of the company’s stock valued at $93,000 after buying an additional 290 shares in the last quarter. World Asset Management Inc increased its holdings in Norwegian Cruise Line by 2.6% in the fourth quarter. World Asset Management Inc now owns 12,469 shares of the company’s stock valued at $529,000 after buying an additional 320 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV increased its holdings in Norwegian Cruise Line by 2.2% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 16,184 shares of the company’s stock valued at $686,000 after buying an additional 356 shares in the last quarter. 88.85% of the stock is owned by institutional investors.

NCLH has been the topic of several research reports. UBS Group increased their price target on shares of Norwegian Cruise Line from $58.00 to $62.00 and gave the company a “neutral” rating in a research report on Tuesday, May 14th. JPMorgan Chase & Co. raised their target price on shares of Norwegian Cruise Line from $63.00 to $67.00 and gave the company an “overweight” rating in a research note on Friday, May 10th. Buckingham Research lifted their price target on shares of Norwegian Cruise Line from $75.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. Nomura lifted their price target on shares of Norwegian Cruise Line from $65.00 to $69.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. Finally, Wells Fargo & Co lifted their price target on shares of Norwegian Cruise Line from $68.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, May 10th. They noted that the move was a valuation call. Three research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Norwegian Cruise Line currently has a consensus rating of “Buy” and an average price target of $67.00.

Shares of NCLH stock opened at $56.92 on Friday. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $39.36 and a 1-year high of $59.71.

Norwegian Cruise Line (NASDAQ:NCLH) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.83 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.12. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.39 billion. Norwegian Cruise Line’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.60 earnings per share.

In other Norwegian Cruise Line news, CEO Andrew Stuart sold 42,000 shares of the firm’s stock in a transaction on Monday, February 25th. The shares were sold at an average price of $55.95, for a total transaction of $2,349,900.00. Following the completion of the transaction, the chief executive officer now directly owns 389,434 shares of the company’s stock, valued at approximately $21,788,832.30. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Rio Frank J. Del sold 10,656 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $54.86, for a total transaction of $584,588.16. Following the transaction, the chief executive officer now directly owns 484,117 shares of the company’s stock, valued at $26,558,658.62. The disclosure for this sale can be found here. Over the last three months, insiders have sold 104,584 shares of company stock valued at $5,815,607. 0.98% of the stock is owned by company insiders.

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Norwegian Cruise Line Company 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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