Lbp Am Sa Takes $5.11 Million Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

LBP AM SA purchased a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 198,498 shares of the company's stock, valued at approximately $5,107,000.

Other large investors also recently made changes to their positions in the company. Hopwood Financial Services Inc. acquired a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $26,000. Kestra Investment Management LLC acquired a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $27,000. Stonebridge Financial Group LLC acquired a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $27,000. Rakuten Securities Inc. increased its stake in shares of Norwegian Cruise Line by 176.0% during the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock valued at $30,000 after acquiring an additional 739 shares during the period. Finally, R Squared Ltd acquired a new position in Norwegian Cruise Line in the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 69.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Truist Financial lifted their price target on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a "buy" rating in a research report on Monday, December 2nd. The Goldman Sachs Group set a $34.00 price target on shares of Norwegian Cruise Line in a research report on Thursday, January 23rd. Bank of America decreased their price target on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating on the stock in a research report on Friday, March 7th. JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price target on the stock in a research report on Monday. Finally, Macquarie lifted their price target on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $29.19.

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Norwegian Cruise Line Stock Up 4.1 %

Shares of NYSE:NCLH traded up $0.78 during trading on Wednesday, reaching $19.85. 14,895,772 shares of the company traded hands, compared to its average volume of 12,070,293. The firm has a fifty day simple moving average of $24.84 and a 200 day simple moving average of $24.26. The firm has a market cap of $8.73 billion, a P/E ratio of 18.21, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.69 and a 1-year 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.

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.