Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Acquired by Columbus Hill Capital Management L.P.

Columbus Hill Capital Management L.P. lifted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 12.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,404,319 shares of the company's stock after acquiring an additional 154,588 shares during the period. Norwegian Cruise Line makes up 7.0% of Columbus Hill Capital Management L.P.'s portfolio, making the stock its 4th biggest position. Columbus Hill Capital Management L.P. owned about 0.32% of Norwegian Cruise Line worth $36,133,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Norwegian Cruise Line by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 53,307,282 shares of the company's stock valued at $1,371,596,000 after purchasing an additional 277,360 shares in the last quarter. State Street Corp boosted its holdings in Norwegian Cruise Line by 4.3% in the third quarter. State Street Corp now owns 15,241,984 shares of the company's stock valued at $312,613,000 after purchasing an additional 621,793 shares during the last quarter. Geode Capital Management LLC grew its stake in Norwegian Cruise Line by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 10,793,268 shares of the company's stock valued at $277,399,000 after purchasing an additional 270,434 shares in the last quarter. Norges Bank purchased a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $113,156,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in Norwegian Cruise Line by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company's stock worth $91,285,000 after purchasing an additional 47,507 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on NCLH shares. Barclays raised shares of Norwegian Cruise Line from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $28.00 to $32.00 in a research report on Friday, December 13th. Citigroup upped 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. Jefferies Financial Group initiated coverage on Norwegian Cruise Line in a research note on Monday, March 31st. They issued a "buy" rating and a $25.00 price target for the company. BNP Paribas initiated coverage on Norwegian Cruise Line in a report on Thursday, March 27th. They set a "neutral" rating and a $21.00 target price on the stock. Finally, Morgan Stanley upgraded Norwegian Cruise Line from an "underweight" rating to an "equal weight" rating and decreased their target price for the stock from $27.00 to $22.00 in a research report on Friday, March 21st. Nine research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $28.28.

Norwegian Cruise Line Stock Performance

NCLH stock traded down $0.11 during trading on Wednesday, reaching $15.44. 5,855,851 shares of the company's stock were exchanged, compared to its average volume of 12,507,604. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. The firm has a market cap of $6.79 billion, a PE ratio of 14.09, a P/E/G ratio of 0.24 and a beta of 2.27. The company's fifty day moving average price is $22.28 and its 200-day moving average price is $24.21. 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.