Bleakley Financial Group LLC Invests $264,000 in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Bleakley Financial Group LLC acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,251 shares of the company's stock, valued at approximately $264,000.

A number of other institutional investors have also made changes to their positions in the stock. Prestige Wealth Management Group LLC lifted its holdings in shares of Norwegian Cruise Line by 192.3% in the third quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company's stock valued at $25,000 after purchasing an additional 800 shares in the last quarter. R Squared Ltd bought a new stake in Norwegian Cruise Line in the fourth quarter valued at approximately $31,000. Avior Wealth Management LLC raised its stake in Norwegian Cruise Line by 34.1% in the third quarter. Avior Wealth Management LLC now owns 1,686 shares of the company's stock valued at $35,000 after buying an additional 429 shares during the period. Blue Trust Inc. grew its position in shares of Norwegian Cruise Line by 489.8% in the third quarter. Blue Trust Inc. now owns 2,188 shares of the company's stock valued at $41,000 after purchasing an additional 1,817 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new position in shares of Norwegian Cruise Line in the third quarter valued at approximately $56,000. 69.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Tigress Financial increased their price target on Norwegian Cruise Line from $32.00 to $36.00 and gave the stock a "strong-buy" rating in a research report on Monday, November 11th. Truist Financial increased their price target on Norwegian Cruise Line from $25.00 to $35.00 and gave the company a "buy" rating in a research note on Monday, December 2nd. Deutsche Bank Aktiengesellschaft increased their price target on Norwegian Cruise Line from $21.00 to $24.00 and gave the company a "hold" rating in a research note on Friday, November 1st. Loop Capital began coverage on Norwegian Cruise Line in a research report on Tuesday, February 4th. They set a "hold" rating and a $26.00 target price for the company. Finally, Wells Fargo & Company lifted their price objective on Norwegian Cruise Line from $21.00 to $27.00 and gave the stock an "equal weight" rating in a research report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Norwegian Cruise Line presently has an average rating of "Moderate Buy" and a consensus price target of $29.06.

Norwegian Cruise Line Stock Up 0.1 %

Shares of NCLH traded up $0.03 on Friday, hitting $26.36. 5,562,140 shares of the stock traded hands, compared to its average volume of 7,744,038. The company has a market capitalization of $11.59 billion, a PE ratio of 24.19, a P/E/G ratio of 0.26 and a beta of 2.64. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. The business has a 50 day simple moving average of $26.55 and a 200 day simple moving average of $23.29. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $29.29.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.