Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp decreased its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 3.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 491,401 shares of the company's stock after selling 18,795 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.11% of Norwegian Cruise Line worth $12,644,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Prestige Wealth Management Group LLC grew its holdings in Norwegian Cruise Line by 192.3% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company's stock valued at $25,000 after buying an additional 800 shares during the period. Hopwood Financial Services Inc. acquired a new stake in shares of Norwegian Cruise Line in the fourth quarter worth approximately $26,000. Stonebridge Financial Group LLC purchased a new stake in Norwegian Cruise Line in the fourth quarter valued at approximately $27,000. Kestra Investment Management LLC acquired a new position in Norwegian Cruise Line during the fourth quarter worth approximately $27,000. Finally, Rakuten Securities Inc. raised its stake in Norwegian Cruise Line by 176.0% during the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after purchasing an additional 739 shares during the period. Institutional investors and hedge funds own 69.58% of the company's stock.

Wall Street Analyst Weigh In

NCLH has been the topic of several research analyst reports. Citigroup lifted their price objective on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a "buy" rating in a research note on Friday, February 28th. Bank of America decreased their price target on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating for the company in a research report on Friday, March 7th. Tigress Financial reissued a "strong-buy" rating and issued a $36.00 price objective on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. JPMorgan Chase & Co. upgraded Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 target price for the company in a research note on Monday, March 17th. Finally, Macquarie boosted their price target on Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th. Nine analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $28.28.

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Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH traded up $0.09 during trading on Tuesday, reaching $19.05. The stock had a trading volume of 7,301,133 shares, compared to its average volume of 12,350,475. The firm's 50 day moving average price is $23.55 and its two-hundred day moving average price is $24.40. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $29.29. The stock has a market cap of $8.38 billion, a PE ratio of 17.48, a P/E/G ratio of 0.24 and a beta of 2.62. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20.

About Norwegian Cruise Line

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.