Bryce Point Capital LLC Takes $1.69 Million Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Bryce Point Capital LLC purchased a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 65,773 shares of the company's stock, valued at approximately $1,692,000.

Several other institutional investors have also modified their holdings of the company. Thrivent Financial for Lutherans raised its holdings 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 purchasing an additional 509 shares during the last quarter. Rakuten Securities Inc. raised its stake in shares of Norwegian Cruise Line by 176.0% during the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after buying an additional 739 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Norwegian Cruise Line by 29.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company's stock worth $86,000 after buying an additional 754 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its stake in Norwegian Cruise Line by 12.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 6,995 shares of the company's stock valued at $180,000 after acquiring an additional 760 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in Norwegian Cruise Line by 5.4% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 15,395 shares of the company's stock valued at $396,000 after acquiring an additional 784 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

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Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Wells Fargo & Company increased their price target on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an "equal weight" rating in a research report on Friday, February 28th. Tigress Financial reissued a "strong-buy" rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. Morgan Stanley raised Norwegian Cruise Line from an "underweight" rating to an "equal weight" rating and decreased their price objective for the company from $27.00 to $22.00 in a research note on Friday, March 21st. Citigroup boosted their target price on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the company a "buy" rating in a research note on Friday, February 28th. Finally, The Goldman Sachs Group set a $34.00 price target on shares of Norwegian Cruise Line in a research note on Thursday, January 23rd. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Norwegian Cruise Line presently has an average rating of "Moderate Buy" and an average target price of $28.28.

Norwegian Cruise Line Trading Down 16.5 %

Shares of Norwegian Cruise Line stock traded down $3.23 during trading hours on Thursday, reaching $16.28. The stock had a trading volume of 29,453,504 shares, compared to its average volume of 12,414,701. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.69 and a 1 year high of $29.29. The firm has a market capitalization of $7.16 billion, a price-to-earnings ratio of 14.93, a P/E/G ratio of 0.24 and a beta of 2.62. The firm has a 50 day simple moving average of $23.42 and a two-hundred day simple moving average of $24.37.

Norwegian Cruise Line 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.