Greenhouse Funds LLLP Sells 337,268 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Greenhouse Funds LLLP decreased its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 9.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,356,290 shares of the company's stock after selling 337,268 shares during the quarter. Norwegian Cruise Line accounts for approximately 3.6% of Greenhouse Funds LLLP's holdings, making the stock its 10th largest position. Greenhouse Funds LLLP owned approximately 0.76% of Norwegian Cruise Line worth $86,357,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Hopwood Financial Services Inc. bought a new position in Norwegian Cruise Line in the 4th quarter valued at about $26,000. Kestra Investment Management LLC acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter worth approximately $27,000. Stonebridge Financial Group LLC bought a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $27,000. Rakuten Securities Inc. increased its stake 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 valued at $30,000 after acquiring an additional 739 shares during the period. Finally, R Squared Ltd bought a new stake in Norwegian Cruise Line during the fourth quarter worth approximately $31,000. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Up 0.5 %

NCLH traded up $0.09 on Friday, reaching $17.24. 10,176,618 shares of the company traded hands, compared to its average volume of 12,777,786. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week 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. The company has a market cap of $7.58 billion, a price-to-earnings ratio of 15.82, a PEG ratio of 0.24 and a beta of 2.27. The stock's 50 day moving average price is $19.36 and its 200-day moving average price is $23.81.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Bank of America decreased their price target on Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating for the company in a research note on Friday, March 7th. Macquarie lifted their target price on Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an "outperform" rating in a report on Thursday, March 6th. Morgan Stanley cut their price target on shares of Norwegian Cruise Line from $22.00 to $21.00 and set an "equal weight" rating for the company in a report on Thursday, April 10th. The Goldman Sachs Group lowered their price objective on shares of Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday. Finally, Melius Research upgraded shares of Norwegian Cruise Line to a "strong-buy" rating in a report on Monday. Eight investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Norwegian Cruise Line presently has a consensus rating of "Moderate Buy" and an average price target of $26.63.

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.