Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 7,265,258 shares, a decrease of 22.9% from the October 31st total of 9,422,765 shares. Based on an average daily volume of 2,771,451 shares, the short-interest ratio is currently 2.6 days. Approximately 4.6% of the company’s stock are sold short.

NCLH has been the subject of a number of research analyst reports. Citigroup Inc. decreased their price objective on shares of Norwegian Cruise Line Holdings from $58.00 to $44.00 and set a “buy” rating for the company in a report on Tuesday, September 13th. Macquarie initiated coverage on shares of Norwegian Cruise Line Holdings in a report on Tuesday, October 4th. They set a “neutral” rating and a $38.00 price objective for the company. Sanford C. Bernstein initiated coverage on shares of Norwegian Cruise Line Holdings in a report on Thursday, September 8th. They set an “outperform” rating and a $44.00 price objective for the company. Wells Fargo & Co. restated a “buy” rating on shares of Norwegian Cruise Line Holdings in a report on Monday, November 14th. Finally, Stifel Nicolaus restated a “buy” rating and set a $51.00 price objective on shares of Norwegian Cruise Line Holdings in a report on Wednesday, October 5th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Norwegian Cruise Line Holdings presently has a consensus rating of “Buy” and an average price target of $50.81.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) opened at 39.81 on Thursday. The company has a market capitalization of $9.04 billion, a price-to-earnings ratio of 15.17 and a beta of 1.14. The stock has a 50 day moving average of $38.46 and a 200-day moving average of $40.13. Norwegian Cruise Line Holdings has a 52-week low of $34.16 and a 52-week high of $60.13.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its earnings results on Wednesday, November 9th. The company reported $1.62 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.59 by $0.03. Norwegian Cruise Line Holdings had a return on equity of 17.60% and a net margin of 12.52%. The business earned $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the previous year, the firm earned $1.35 EPS. Norwegian Cruise Line Holdings’s revenue was up 15.5% on a year-over-year basis. On average, equities research analysts anticipate that Norwegian Cruise Line Holdings will post $3.42 earnings per share for the current fiscal year.

In other news, EVP T. Robin Lindsay bought 12,000 shares of the stock in a transaction dated Friday, September 2nd. The stock was bought at an average price of $35.90 per share, for a total transaction of $430,800.00. Following the completion of the acquisition, the executive vice president now directly owns 72,647 shares in the company, valued at approximately $2,608,027.30. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.00% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of the company. Mizuho Asset Management Co. Ltd. raised its position in shares of Norwegian Cruise Line Holdings by 169.2% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 2,595 shares of the company’s stock worth $103,000 after buying an additional 1,631 shares during the period. Creative Planning raised its position in shares of Norwegian Cruise Line Holdings by 1,654.4% in the third quarter. Creative Planning now owns 4,000 shares of the company’s stock worth $151,000 after buying an additional 3,772 shares during the period. Seven Eight Capital LLC acquired a new position in shares of Norwegian Cruise Line Holdings during the first quarter worth $253,000. Glenmede Trust Co. NA raised its position in shares of Norwegian Cruise Line Holdings by 50.0% in the second quarter. Glenmede Trust Co. NA now owns 4,950 shares of the company’s stock worth $197,000 after buying an additional 1,650 shares during the period. Finally, Candriam Luxembourg S.C.A. raised its position in shares of Norwegian Cruise Line Holdings by 28.0% in the second quarter. Candriam Luxembourg S.C.A. now owns 5,274 shares of the company’s stock worth $210,000 after buying an additional 1,153 shares during the period. 87.98% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Financial Market News and is owned by of Financial Market News. If you are accessing this piece on another site, it was illegally stolen and reposted in violation of international copyright and trademark legislation. The original version of this piece can be viewed at http://www.financial-market-news.com/norwegian-cruise-line-holdings-ltd-nclh-short-interest-update-2/1211977/.

Norwegian Cruise Line Holdings Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Its 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.

5 Day Chart for NASDAQ:NCLH

Receive News & Ratings for Norwegian Cruise Line Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line Holdings Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.