One Capital Management buys Norwegian Cruise Line Holdings stake
The investment firm added 112,284 shares in the second quarter, while the cruise company reported earnings above analyst expectations.
One Capital Management LLC bought a new position in Norwegian Cruise Line Holdings during the second quarter, according to the report. The position comprised 112,284 shares and was valued at approximately $2,370,000.
Institutional investors and hedge funds currently owned 69.58% of the stock. Norwegian Cruise Line Holdings shares opened at $14.82 on the Thursday referenced in the report.
Norwegian Cruise Line reported quarterly earnings of $0.48 per share, exceeding the analyst consensus estimate of $0.41 by $0.07. The company recorded quarterly revenue of $2.64 billion, compared with the analyst estimate of $2.65 billion.
Data cited in the report gave Norwegian Cruise Line a consensus rating of Hold and a consensus price target of $20.95.