Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 34.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 43,319 shares of the company's stock after buying an additional 11,044 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Norwegian Cruise Line were worth $1,115,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently modified their holdings of the stock. Avior Wealth Management LLC lifted its holdings in shares of Norwegian Cruise Line by 34.1% in the 3rd quarter. Avior Wealth Management LLC now owns 1,686 shares of the company's stock worth $35,000 after purchasing an additional 429 shares in the last quarter. Louisiana State Employees Retirement System lifted its stake in Norwegian Cruise Line by 2.1% during the 3rd quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the company's stock valued at $509,000 after acquiring an additional 500 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Norwegian Cruise Line by 1.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company's stock valued at $944,000 after acquiring an additional 509 shares in the last quarter. Mount Lucas Management LP lifted its stake in Norwegian Cruise Line by 2.4% during the 3rd quarter. Mount Lucas Management LP now owns 22,055 shares of the company's stock valued at $452,000 after acquiring an additional 516 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in Norwegian Cruise Line by 1.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company's stock valued at $918,000 after acquiring an additional 521 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.
Norwegian Cruise Line Price Performance
NCLH stock traded up $0.03 during mid-day trading on Friday, reaching $26.36. 5,562,140 shares of the company traded hands, compared to its average volume of 7,744,038. 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 company has a market capitalization of $11.59 billion, a P/E ratio of 24.19, a P/E/G ratio of 0.26 and a beta of 2.64. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.69 and a 52-week high of $29.29. The company has a fifty day moving average price of $26.55 and a 200-day moving average price of $23.29.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on NCLH shares. Morgan Stanley raised their price objective on Norwegian Cruise Line from $19.00 to $26.00 and gave the company an "underweight" rating in a research note on Tuesday, November 12th. Macquarie restated an "outperform" rating and set a $30.00 price objective on shares of Norwegian Cruise Line in a research note on Friday, January 17th. The Goldman Sachs Group upgraded Norwegian Cruise Line from a "neutral" rating to a "buy" rating and raised their price objective for the company from $29.00 to $35.00 in a research note on Tuesday, December 10th. Mizuho lifted their target price on Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st. Finally, StockNews.com upgraded Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $29.06.
Get Our Latest Stock Analysis on Norwegian Cruise Line
About Norwegian Cruise Line
(
Free Report)
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.
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