Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Holdings Raised by Alliancebernstein L.P.

Alliancebernstein L.P. grew its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 501,564 shares of the company's stock after purchasing an additional 22,734 shares during the period. Alliancebernstein L.P. owned approximately 0.11% of Norwegian Cruise Line worth $12,905,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Norwegian Cruise Line in the 4th quarter valued at approximately $113,156,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Norwegian Cruise Line by 2,064.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,214,989 shares of the company's stock worth $56,992,000 after buying an additional 2,112,667 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Norwegian Cruise Line in the fourth quarter valued at $52,660,000. Wedge Capital Management L L P NC bought a new position in Norwegian Cruise Line during the 4th quarter valued at $43,956,000. Finally, Jupiter Asset Management Ltd. grew its holdings in Norwegian Cruise Line by 365.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 2,168,658 shares of the company's stock worth $55,800,000 after acquiring an additional 1,702,748 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

Wall Street Analysts Forecast Growth

NCLH has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 target price on the stock in a research note on Monday, March 17th. Wells Fargo & Company boosted their price target on Norwegian Cruise Line from $27.00 to $28.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Bank of America reduced 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. Macquarie boosted their target price on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the company an "outperform" rating in a research note on Thursday, March 6th. Finally, BNP Paribas began coverage on shares of Norwegian Cruise Line in a report on Thursday, March 27th. They set a "neutral" rating and a $21.00 target price on the stock. Nine investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and a consensus price target of $28.22.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH traded down $0.36 during trading hours on Friday, hitting $16.33. 15,514,825 shares of the company's stock traded hands, compared to its average volume of 12,649,876. The company's fifty day simple moving average is $21.42 and its two-hundred day simple moving average is $24.12. The company has a market cap of $7.18 billion, a price-to-earnings ratio of 14.98, a price-to-earnings-growth ratio of 0.24 and a beta of 2.27. 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.

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.