Advisory Services Network LLC Has $1.12 Million Stock Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Advisory Services Network LLC increased its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 411.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,579 shares of the company's stock after buying an additional 35,060 shares during the quarter. Advisory Services Network LLC's holdings in Norwegian Cruise Line were worth $1,121,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in NCLH. Hopwood Financial Services Inc. bought a new stake in Norwegian Cruise Line during the fourth quarter worth approximately $26,000. Stonebridge Financial Group LLC acquired a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at $27,000. Kestra Investment Management LLC acquired a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at $27,000. Rakuten Securities Inc. grew its holdings in Norwegian Cruise Line by 176.0% during the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after acquiring an additional 739 shares during the period. Finally, R Squared Ltd bought a new stake in Norwegian Cruise Line in the fourth quarter worth about $31,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Up 1.8 %

Shares of NCLH traded up $0.30 during trading hours on Friday, hitting $16.39. 9,746,753 shares of the company were exchanged, compared to its average volume of 12,707,414. The firm's 50 day moving average is $20.52 and its 200-day moving average is $23.95. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. 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 market cap of $7.21 billion, a PE ratio of 15.03, a PEG ratio of 0.24 and a beta of 2.27.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group started coverage on shares of Norwegian Cruise Line in a research note on Monday, March 31st. They issued a "buy" rating and a $25.00 price objective on the stock. Stifel Nicolaus reduced their price objective on Norwegian Cruise Line from $36.00 to $30.00 and set a "buy" rating for the company in a research note on Wednesday. Citigroup upped their target price on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a "buy" rating in a report on Friday, February 28th. The Goldman Sachs Group set a $34.00 price objective on Norwegian Cruise Line in a report on Thursday, January 23rd. Finally, Macquarie lifted their target price 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. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $28.28.

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.