Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC grew its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 31.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 164,831 shares of the company's stock after acquiring an additional 39,636 shares during the quarter. Natixis Advisors LLC's holdings in Norwegian Cruise Line were worth $4,241,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in NCLH. Two Sigma Advisers LP lifted its stake in Norwegian Cruise Line by 864.9% in the 3rd quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company's stock worth $79,263,000 after purchasing an additional 3,464,100 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in Norwegian Cruise Line during the fourth quarter worth approximately $52,660,000. Wedge Capital Management L L P NC acquired a new position in Norwegian Cruise Line during the fourth quarter worth $43,956,000. Jupiter Asset Management Ltd. grew its holdings in Norwegian Cruise Line by 365.5% in the 4th quarter. Jupiter Asset Management Ltd. now owns 2,168,658 shares of the company's stock valued at $55,800,000 after buying an additional 1,702,748 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter worth $19,064,000. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock traded down $0.27 during trading hours on Wednesday, hitting $20.21. The stock had a trading volume of 7,820,984 shares, compared to its average volume of 12,162,327. The stock's 50 day moving average is $24.28 and its 200 day moving average is $24.37. The firm has a market capitalization of $8.89 billion, a PE ratio of 18.54, a PEG ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.69 and a twelve month high of $29.29. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17.

Remove Ads

Analyst Ratings Changes

A number of brokerages have commented on NCLH. Loop Capital started coverage on shares of Norwegian Cruise Line in a research note on Tuesday, February 4th. They set a "hold" rating and a $26.00 target price on the stock. 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 report on Friday, February 28th. The Goldman Sachs Group set a $34.00 price objective on shares of Norwegian Cruise Line in a report on Thursday, January 23rd. Macquarie increased their target price on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an "outperform" rating in a research note on Thursday, March 6th. Finally, Barclays raised shares of Norwegian Cruise Line from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $28.00 to $32.00 in a research note on Friday, December 13th. Eight equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $28.94.

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.