New York State Teachers Retirement System Buys 13,678 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

New York State Teachers Retirement System increased its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 3.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 399,079 shares of the company's stock after acquiring an additional 13,678 shares during the period. New York State Teachers Retirement System owned 0.09% of Norwegian Cruise Line worth $10,268,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NCLH. State Street Corp increased its stake in shares of Norwegian Cruise Line by 4.3% in the third quarter. State Street Corp now owns 15,241,984 shares of the company's stock worth $312,613,000 after purchasing an additional 621,793 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Norwegian Cruise Line by 2.6% during the 3rd quarter. Geode Capital Management LLC now owns 10,522,834 shares of the company's stock worth $215,481,000 after acquiring an additional 261,925 shares during the period. Baillie Gifford & Co. bought a new position in Norwegian Cruise Line during the third quarter worth about $179,146,000. Two Sigma Advisers LP boosted 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 valued at $79,263,000 after buying an additional 3,464,100 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Norwegian Cruise Line by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,500,309 shares of the company's stock worth $71,791,000 after acquiring an additional 94,178 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Down 6.2 %

Shares of NYSE NCLH traded down $1.59 during mid-day trading on Friday, hitting $24.09. The company's stock had a trading volume of 15,756,619 shares, compared to its average volume of 8,879,849. 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 cap of $10.59 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 0.25 and a beta of 2.64. The company's fifty day simple moving average is $26.54 and its 200-day simple moving average is $23.54. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $29.29.

Analyst Ratings Changes

NCLH has been the subject of a number of recent analyst reports. Tigress Financial increased their target price on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the stock a "strong-buy" rating in a research report on Monday, November 11th. Barclays raised Norwegian Cruise Line from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $28.00 to $32.00 in a report on Friday, December 13th. Macquarie reaffirmed an "outperform" rating and set a $30.00 price target on shares of Norwegian Cruise Line in a report on Friday, January 17th. Wells Fargo & Company boosted their price objective on Norwegian Cruise Line from $21.00 to $27.00 and gave the stock an "equal weight" rating in a research note on Friday, November 1st. Finally, Argus upgraded Norwegian Cruise Line from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $29.06.

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.