The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) is a huge mover today! About 2.73 million shares traded hands or 31.88% up from the average. Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) has declined 33.76% since April 8, 2016 and is downtrending. It has underperformed by 39.41% the S&P500.
The move comes after 7 months positive chart setup for the $7.85B company. It was reported on Nov, 10 by Barchart.com. We have $53.68 PT which if reached, will make NASDAQ:NCLH worth $3.22B more.
Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) Ratings Coverage
Out of 14 analysts covering Norwegian Cruise Line (NASDAQ:NCLH), 7 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 50% are positive. Norwegian Cruise Line has been the topic of 26 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) earned “Buy” rating by UBS on Friday, August 12. The company was upgraded on Thursday, March 17 by SunTrust. The stock has “Neutral” rating given by SunTrust on Monday, March 7. The stock has “Buy” rating given by Nomura on Wednesday, August 10. The firm has “Hold” rating given on Wednesday, October 19 by SunTrust. The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) earned “Buy” rating by Stifel Nicolaus on Wednesday, August 5. On Friday, October 14 the stock rating was downgraded by Wedbush to “Neutral”. Citigroup maintained the shares of NCLH in a report on Tuesday, August 23 with “Buy” rating. Barclays Capital maintained it with “Overweight” rating and $67.0 target price in Wednesday, August 5 report. As per Monday, August 10, the company rating was downgraded by Zacks.
According to Zacks Investment Research, “Norwegian Cruise Line is a cruise line operator. It offers cruise itineraries in various locations, including destinations in the Caribbean, Bermuda, the Bahamas, Mexico, Alaska, Europe, Hawaii, New England, Central America, North Africa, and Scandinavia. The company markets its services primarily through retail/travel agents. Norwegian Cruise Line is headquartered in Miami, Florida.”
Insitutional Activity: The institutional sentiment decreased to 1.09 in 2016 Q2. Its down 0.10, from 1.19 in 2016Q1. The ratio is negative, as 45 funds sold all Norwegian Cruise Line Holdings Ltd shares owned while 93 reduced positions. 53 funds bought stakes while 98 increased positions. They now own 198.20 million shares or 3.72% more from 191.09 million shares in 2016Q1.
Conning has invested 0.03% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). Kbc Gp Nv holds 0.03% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 60,874 shares. J Goldman And Limited Partnership holds 322,257 shares or 0.67% of its portfolio. Massachusetts Ser Ma holds 0.01% or 577,272 shares in its portfolio. Kcg accumulated 0.02% or 23,340 shares. Jane Street Grp Limited Liability Company holds 0% or 18,597 shares in its portfolio. Stoneridge Partners Ltd Liability reported 163,504 shares or 0.97% of all its holdings. Pioneer Investment Management last reported 0.11% of its portfolio in the stock. Advisory Svcs Network Limited Company holds 0% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 100 shares. Jennison Assocs Limited Liability Corp reported 2.35 million shares or 0.1% of all its holdings. The France-based Cap Fund Management Sa has invested 0.07% in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). Proshare Advisors Ltd accumulated 66,337 shares or 0.03% of the stock. Clarivest Asset last reported 0.3% of its portfolio in the stock. State Board Of Administration Of Florida Retirement Systems has 191,842 shares for 0.02% of their US portfolio. Roystone Cap Management Limited Partnership holds 2.13% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 846,700 shares.
Insider Transactions: Since August 31, 2016, the stock had 2 insider buys, and 0 selling transactions for $3.43 million net activity. Del Rio Frank J bought 83,498 shares worth $3.00M. On Friday, September 2 Lindsay T. Robin bought $430,800 worth of the stock or 12,000 shares.
More news for Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) were recently published by: Nasdaq.com, which released: “Earnings Reaction History: Norwegian Cruise Line Holdings Ltd., 50.0% Follow …” on November 09, 2016. Fool.com‘s article titled: “Why Norwegian Cruise Line Holdings Ltd’s Shares Plunged 16% in August” and published on September 06, 2016 is yet another important article.
NCLH Company Profile
Norwegian Cruise Line Holdings Ltd. (NCLH), incorporated on February 21, 2011, is a global cruise company. The Firm operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company’s brands offer itineraries to over 510 destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii with a combined fleet of approximately 20 ships with over 45,000 Berths. The Company’s brands offer various features, amenities, and activities, including various accommodations, multiple dining venues, bars and lounges, spa, casino and retail shopping areas and various entertainment choices. All the brands offer a selection of shore excursions at each port of call, as well as hotel packages for stays before or after a voyage.
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