Published: Sat, January 27, 2018
Business | By Kate Woods

Norwegian Cruise Line (NASDAQ:NCLH) Upgraded to Buy by SunTrust Banks


The institutional investor held 235,520 shares of the marine transportation company at the end of 2017Q3, valued at $12.73 million, up from 40,565 at the end of the previous reported quarter. Legal General Public Ltd Company has invested 0.03% in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH). The stock decreased 1.41% or $0.44 during the last trading session, reaching $30.83. The shares were sold at an average price of $54.11, for a total value of $270,550,000.00. Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) has risen 6.36% since January 25, 2017 and is uptrending. It has underperformed by 10.34% the S&P500.

Sentry Select Capital Corp increased its stake in Canadian Imperial Bank Of Commerce (CM) by 411.17% based on its latest 2017Q3 regulatory filing with the SEC. Babson Capital Management LLC now owns 8,700 shares of the company's stock worth $481,000 after buying an additional 300 shares during the last quarter. The institutional investor held 33,150 shares of the computer manufacturing company at the end of 2017Q3, valued at $5.11M, up from 18,674 at the end of the previous reported quarter. Westend Advisors Llc who had been investing in Bristol for a number of months, seems to be less bullish one the $104.72 billion market cap company. The stock increased 0.21% or $0.18 during the last trading session, reaching $85.84. The company reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.82 by $0.04. Bristol-Myers Squibb Company (NYSE:BMY) has declined 23.19% since January 25, 2017 and is downtrending.

Since August 15, 2017, it had 0 insider buys, and 3 sales for $716.92 million activity. After $1.86 actual earnings per share reported by Norwegian Cruise Line Holdings Ltd. for the previous quarter, Wall Street now forecasts -66.13% negative EPS growth.

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In other news, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the company's stock in a transaction dated Monday, November 20th.

Investors sentiment decreased to 0.94 in 2017 Q3. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.31 and a current ratio of 0.34. It increased, as 16 investors sold Norwegian Cruise Line Holdings Ltd. shares while 85 reduced holdings. 57 funds opened positions while 127 raised stakes. 200.67 million shares or 4.01% more from 192.93 million shares in 2017Q2 were reported.

Among 41 analysts covering Whiting Petroleum Corporation (NYSE:WLL), 11 have Buy rating, 6 Sell and 24 Hold. Hightower Ltd Liability Com invested in 0.07% or 154,515 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 366,193 shares or 0.22% of all its holdings. Honeywell International Inc. increased its position in shares of Norwegian Cruise Line by 246.8% during the third quarter. Bluemountain Cap Mngmt Ltd Liability Corp holds 0% or 4,143 shares in its portfolio. 4,703 are owned by Guardian Ltd Partnership. Wellington Mgmt Gru Llp owns 6.53 million shares for 0.08% of their portfolio. Nationwide Fund Advisors invested in 24,655 shares or 0.01% of the stock.

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Norwegian Cruise Line Holdings Ltd. operates as a cruise company. Cipher LP accumulated 36,853 shares or 0.15% of the stock. 7,709 are owned by Toronto Dominion Fincl Bank. Zacks Investment Research lowered shares of Norwegian Cruise Line from a "hold" rating to a "sell" rating in a research report on Wednesday, October 11th. Therefore 27% are positive. KBC Group NV's holdings in Norwegian Cruise Line Holdings were worth $2,288,000 at the end of the most recent reporting period. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/01/27/norwegian-cruise-line-nclh-earns-coverage-optimism-rating-of-0-14.html. The firm has "Buy" rating given on Wednesday, January 17 by SunTrust. The rating was maintained by Citigroup on Tuesday, September 13 with "Buy". Deutsche Bank maintained Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) rating on Wednesday, August 9. (NASDAQ:AAPL) rating on Friday, November 3. UBS has "Buy" rating and $75 target. The company was maintained on Friday, August 26 by RBC Capital Markets. The stock of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) earned "Outperform" rating by Bernstein on Friday, September 9. It also upped Caesars Acquisition Co (NASDAQ:CACQ) stake by 222,527 shares and now owns 1.09 million shares. Its down 0.07, from 1 in 2017Q2. Terril Brothers holds 10.38% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY) for 508,489 shares. Vigilant Cap Mgmt Llc has 0.09% invested in Bristol-Myers Squibb Company (NYSE:BMY). Drexel Morgan And holds 12,326 shares. A month ago, analyst EPS consensus estimated earnings of US$0.63 per share. Hikari Pwr Limited reported 160,800 shares. Magnetar Finance Limited Liability holds 61,736 shares. Basswood Cap Mgmt Limited Company has 229,092 shares for 0.57% of their portfolio. Newell Brands Inc (NYSE:NWL) was raised too. Ironwood Invest Counsel Limited Liability owns 3,135 shares or 0.16% of their United States portfolio. Adage Capital Lc accumulated 1.30 million shares.

Aviance Capital Management Llc, which manages about $2.20B and $1.45B US Long portfolio, decreased its stake in Ishares Msci Eafe (EFA) by 10,278 shares to 80,397 shares, valued at $5.51 million in 2017Q3, according to the filing. It also reduced its holding in Powershares Financial Preferred Etf (PGF) by 826,637 shares in the quarter, leaving it with 83,616 shares, and cut its stake in Ishares Tips Bond (TIP).

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