Cibc World Markets Corp Acquires 15,463 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Cibc World Markets Corp boosted its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 45.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,509 shares of the company's stock after purchasing an additional 15,463 shares during the quarter. Cibc World Markets Corp's holdings in Norwegian Cruise Line were worth $1,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. State Street Corp grew its stake in Norwegian Cruise Line by 4.3% in the 3rd quarter. State Street Corp now owns 15,241,984 shares of the company's stock worth $312,613,000 after buying an additional 621,793 shares in the last quarter. 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 last quarter. Two Sigma Advisers LP grew its position in Norwegian Cruise Line by 864.9% in the third quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company's stock worth $79,263,000 after acquiring an additional 3,464,100 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Norwegian Cruise Line by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company's stock worth $91,285,000 after acquiring an additional 47,507 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Norwegian Cruise Line by 3.7% in the fourth quarter. Bank of New York Mellon Corp now owns 2,533,849 shares of the company's stock valued at $65,196,000 after acquiring an additional 91,377 shares during the last quarter. 69.58% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

Several brokerages have recently commented on NCLH. Tigress Financial reiterated a "strong-buy" rating and set a $36.00 price objective on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Bank of America lowered their price objective on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating for the company in a report on Friday, March 7th. Citigroup increased their target price on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the company a "buy" rating in a report on Friday, February 28th. Morgan Stanley raised shares of Norwegian Cruise Line from an "underweight" rating to an "equal weight" rating and lowered their price target for the stock from $27.00 to $22.00 in a research note on Friday, March 21st. Finally, Loop Capital initiated coverage on Norwegian Cruise Line in a report on Tuesday, February 4th. They issued a "hold" rating and a $26.00 price objective on the stock. Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and an average target price of $28.94.

Norwegian Cruise Line Trading Down 1.3 %

Shares of NCLH traded down $0.27 during trading hours on Wednesday, reaching $20.21. 7,821,039 shares of the company traded hands, compared to its average volume of 12,162,338. The company's fifty day moving average price is $24.28 and its two-hundred day moving average price is $24.37. 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 company has a market capitalization of $8.89 billion, a price-to-earnings ratio of 18.54, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.69 and a 12 month high of $29.29.

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.