Olympiad Research LP bought 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 Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 19,301 shares of the company's stock, valued at approximately $497,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Avior Wealth Management LLC increased its stake in Norwegian Cruise Line by 34.1% during the third quarter. Avior Wealth Management LLC now owns 1,686 shares of the company's stock worth $35,000 after acquiring an additional 429 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in Norwegian Cruise Line by 2.1% during the third quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the company's stock worth $509,000 after acquiring an additional 500 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in Norwegian Cruise Line by 1.1% during the third quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company's stock worth $944,000 after acquiring an additional 509 shares during the last quarter. Mount Lucas Management LP grew its stake in shares of Norwegian Cruise Line by 2.4% in the third quarter. Mount Lucas Management LP now owns 22,055 shares of the company's stock valued at $452,000 after buying an additional 516 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Norwegian Cruise Line by 1.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company's stock valued at $918,000 after buying an additional 521 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.
Wall Street Analyst Weigh In
NCLH has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their price objective on Norwegian Cruise Line from $29.00 to $30.00 and gave the company a "neutral" rating in a research note on Tuesday, December 17th. The Goldman Sachs Group set a $34.00 price objective on Norwegian Cruise Line in a research note on Thursday, January 23rd. Macquarie reaffirmed an "outperform" rating and issued a $30.00 price objective on shares of Norwegian Cruise Line in a research note on Friday, January 17th. Wells Fargo & Company lifted their price objective on Norwegian Cruise Line from $21.00 to $27.00 and gave the company an "equal weight" rating in a research note on Friday, November 1st. Finally, Argus raised Norwegian Cruise Line from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $29.00.
Read Our Latest Stock Report on Norwegian Cruise Line
Norwegian Cruise Line Stock Down 6.2 %
Shares of NYSE NCLH opened at $24.09 on Friday. The company has a market capitalization of $10.59 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 0.24 and a beta of 2.64. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The business has a 50-day moving average of $26.49 and a two-hundred day moving average of $23.66. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.69 and a 1 year high of $29.29.
Norwegian Cruise Line Profile
(
Free Report)
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.
Read More
Want to see what other hedge funds are holding NCLH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Norwegian Cruise Line, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Norwegian Cruise Line wasn't on the list.
While Norwegian Cruise Line currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
