What’s Next for Norwegian Cruise Line Holdings Ltd After Today’s Bearish Options Activity?

 What's Next for Norwegian Cruise Line Holdings Ltd After Today's Bearish Options Activity?

In today’s session Norwegian Cruise Line Holdings Ltd (NCLH) recorded an unusually high (689) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the March, 2017 put, expecting serious NCLH decrease. With 689 contracts traded and 1254 open interest for the Mar, 17 contract, it seems this is a quite bearish bet. The option with symbol: NCLH170317P00035000 closed last at: $1.8 or 7.7% down. About 364,541 shares traded hands. Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) has declined 31.81% since March 31, 2016 and is downtrending. It has underperformed by 34.34% the S&P500.

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 firm has “Buy” rating given on Wednesday, August 10 by Nomura. The company was maintained on Tuesday, September 13 by Citigroup. The firm earned “Hold” rating on Wednesday, October 19 by SunTrust. Goldman Sachs upgraded the shares of NCLH in a report on Wednesday, February 24 to “Neutral” rating. The firm has “Outperform” rating given on Friday, September 9 by Bernstein. Stifel Nicolaus maintained the shares of NCLH in a report on Wednesday, July 20 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Wednesday, August 5 with “Buy”. The firm has “Buy” rating by Sterne Agee CRT given on Tuesday, June 7. Barclays Capital maintained Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) on Wednesday, August 5 with “Overweight” rating. The rating was initiated by Buckingham Research on Friday, February 19 with “Buy”.

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 turned 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.
Us Bank & Trust De holds 20,627 shares or 0% of its portfolio. Moreover, Ubs Oconnor Limited Liability has 0% invested in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 86,290 shares. M&T Natl Bank Corporation, a New York-based fund reported 7,195 shares. Lord Abbett And Ltd Liability Corporation reported 187,972 shares or 0.02% of all its holdings. Palouse Mngmt Incorporated has 48,738 shares for 0.79% of their US portfolio. Blackrock Advisors Limited Liability Com has 0.03% invested in the company for 775,735 shares. Mitsubishi Ufj Trust & Banking owns 321,315 shares or 0.03% of their US portfolio. Moreover, Brown Ltd Llc has 0.1% invested in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 153,025 shares. Moreover, Stevens Limited Partnership has 0.31% invested in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 192,278 shares. Envestnet Asset Management accumulated 0.01% or 33,647 shares. Marshall Wace Limited Liability Partnership reported 574,992 shares or 0.19% of all its holdings. The Virginia-based Capital Corp Va has invested 0.57% in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). Picton Mahoney Asset Mgmt accumulated 21,400 shares or 0.05% of the stock. Utd Svcs Automobile Association holds 0.16% or 1.11M shares in its portfolio. Creative Planning holds 0% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 228 shares.

Insider Transactions: Since August 31, 2016, the stock had 2 insider buys, and 0 insider sales for $3.43 million net activity. $430,800 worth of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) shares were bought by Lindsay T. Robin. Shares for $3.00 million were bought by Del Rio Frank J on Wednesday, August 31.

Norwegian Cruise Line Holdings Ltd. is a global cruise company. The company has a market cap of $8.27 billion. The Firm operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. It has a 16.93 P/E ratio. 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.

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.

More important recent Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) news were published by: Fool.com which released: “Why Norwegian Cruise Line Holdings Ltd’s Shares Plunged 11% Today” on August 09, 2016, also Fool.com published article titled: “Why Norwegian Cruise Line Holdings Ltd’s Shares Plunged 16% in August”, Fool.com published: “Why Norwegian Cruise Line Holdings Ltd. Dropped 14% in June” on July 12, 2016. More interesting news about Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) was released by: Investorplace.com and their article: “Norwegian Cruise Line Holdings Ltd: Too Cheap to Pass Up (NCLH)” with publication date: September 19, 2016.

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