Great Lakes Advisors LLC Acquires 52,607 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Great Lakes Advisors LLC grew its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 29.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 234,127 shares of the company's stock after acquiring an additional 52,607 shares during the quarter. Great Lakes Advisors LLC owned about 0.05% of Norwegian Cruise Line worth $6,024,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of NCLH. Principal Financial Group Inc. increased its stake in Norwegian Cruise Line by 6.2% during the 3rd quarter. Principal Financial Group Inc. now owns 514,087 shares of the company's stock valued at $10,544,000 after purchasing an additional 30,182 shares in the last quarter. Atria Investments Inc grew its holdings in shares of Norwegian Cruise Line by 15.2% during the third quarter. Atria Investments Inc now owns 22,113 shares of the company's stock valued at $454,000 after buying an additional 2,910 shares during the last quarter. GSA Capital Partners LLP increased its position in shares of Norwegian Cruise Line by 72.5% during the third quarter. GSA Capital Partners LLP now owns 18,662 shares of the company's stock worth $383,000 after acquiring an additional 7,846 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Norwegian Cruise Line by 1.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company's stock worth $918,000 after acquiring an additional 521 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new position in Norwegian Cruise Line in the 3rd quarter valued at about $212,000. 69.58% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of analysts have commented on NCLH shares. JPMorgan Chase & Co. raised Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price objective for the company in a report on Monday. Tigress Financial reiterated a "strong-buy" rating and set a $36.00 price target on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. Bank of America dropped 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. The Goldman Sachs Group set a $34.00 price objective on shares of Norwegian Cruise Line in a report on Thursday, January 23rd. Finally, Wells Fargo & Company increased their target price on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $29.19.

Norwegian Cruise Line Stock Performance

Norwegian Cruise Line stock traded up $0.84 during trading on Monday, hitting $20.03. The stock had a trading volume of 22,105,942 shares, compared to its average volume of 11,854,883. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The stock's 50 day moving average is $25.08 and its two-hundred day moving average is $24.24. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.69 and a 1 year high of $29.29. The stock has a market cap of $8.81 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62.

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.