Headlands Technologies LLC Takes $449,000 Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Headlands Technologies LLC acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 17,449 shares of the company's stock, valued at approximately $449,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Geode Capital Management LLC grew its holdings in shares of Norwegian Cruise Line by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 10,793,268 shares of the company's stock valued at $277,399,000 after buying an additional 270,434 shares during the last quarter. National Bank of Canada FI raised its position in shares of Norwegian Cruise Line by 437.4% in the fourth quarter. National Bank of Canada FI now owns 251,143 shares of the company's stock worth $6,462,000 after acquiring an additional 204,407 shares during the period. Franklin Resources Inc. boosted its position in Norwegian Cruise Line by 11.5% during the fourth quarter. Franklin Resources Inc. now owns 17,163 shares of the company's stock worth $442,000 after purchasing an additional 1,770 shares in the last quarter. Scalar Gauge Management LLC purchased a new position in shares of Norwegian Cruise Line during the 4th quarter valued at approximately $7,728,000. Finally, Alliancebernstein L.P. lifted its holdings in Norwegian Cruise Line by 4.7% during the fourth quarter. Alliancebernstein L.P. now owns 501,564 shares of the company's stock valued at $12,905,000 after purchasing an additional 22,734 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Trading Up 18.8 %

NYSE:NCLH traded up $2.93 on Wednesday, reaching $18.47. 30,218,075 shares of the company's stock were exchanged, compared to its average volume of 12,592,741. The firm has a market capitalization of $8.12 billion, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 0.24 and a beta of 2.27. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The business has a fifty day moving average of $21.87 and a 200-day moving average of $24.16.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Tigress Financial reaffirmed a "strong-buy" rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. Jefferies Financial Group initiated coverage on shares of Norwegian Cruise Line in a research note on Monday, March 31st. They issued a "buy" rating and a $25.00 target price on the stock. JPMorgan Chase & Co. raised Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price target for the company in a report on Monday, March 17th. Bank of America lowered their price objective on Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating on the stock in a research note on Friday, March 7th. Finally, Macquarie lifted their price target on Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an "outperform" rating in a report on Thursday, March 6th. Nine investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $28.28.

Norwegian Cruise Line Company Profile

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.