44,788 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Purchased by Groupama Asset Managment

Groupama Asset Managment acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 44,788 shares of the company's stock, valued at approximately $1,153,000.

A number of other institutional investors have also recently added to or reduced their stakes in NCLH. Rakuten Securities Inc. increased its position in shares of 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 last quarter. Farther Finance Advisors LLC increased its holdings in Norwegian Cruise Line by 29.3% during the 4th quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company's stock worth $86,000 after purchasing an additional 754 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of 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 purchasing an additional 760 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of 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 buying an additional 784 shares during the last quarter. Finally, Fifth Third Bancorp grew its position in shares of Norwegian Cruise Line by 2.0% during the fourth quarter. Fifth Third Bancorp now owns 40,534 shares of the company's stock worth $1,043,000 after buying an additional 795 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on NCLH shares. Morgan Stanley raised shares of Norwegian Cruise Line from an "underweight" rating to an "equal weight" rating and dropped their target price for the stock from $27.00 to $22.00 in a research report on Friday, March 21st. Wells Fargo & Company raised their price objective on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an "equal weight" rating in a research note on Friday, February 28th. Barclays raised shares of Norwegian Cruise Line from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $28.00 to $32.00 in a report on Friday, December 13th. Loop Capital began coverage on shares of Norwegian Cruise Line in a research note on Tuesday, February 4th. They set a "hold" rating and a $26.00 price objective on the stock. Finally, Bank of America lowered their price target on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating for the company in a research report on Friday, March 7th. Nine 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 data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $28.28.

Norwegian Cruise Line Stock Down 1.9 %

Shares of NCLH stock traded down $0.30 on Monday, hitting $15.39. The company's stock had a trading volume of 11,952,005 shares, compared to its average volume of 12,453,873. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.25 and a fifty-two week high of $29.29. The firm's fifty day moving average price is $23.01 and its 200-day moving average price is $24.35. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The stock has a market capitalization of $6.77 billion, a price-to-earnings ratio of 14.11, a P/E/G ratio of 0.24 and a beta of 2.27.

Norwegian Cruise Line Company 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.