Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by Baillie Gifford & Co.

Baillie Gifford & Co. lessened its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 8.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,999,828 shares of the company's stock after selling 734,751 shares during the period. Baillie Gifford & Co. owned 1.82% of Norwegian Cruise Line worth $205,836,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Two Sigma Advisers LP raised its holdings 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 acquiring an additional 3,464,100 shares during the last quarter. Wedge Capital Management L L P NC purchased a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at approximately $43,956,000. ING Groep NV grew its stake in shares of Norwegian Cruise Line by 1,340.3% in the 3rd quarter. ING Groep NV now owns 831,505 shares of the company's stock valued at $17,054,000 after buying an additional 773,772 shares during the period. State Street Corp grew its stake in shares of Norwegian Cruise Line by 4.3% in the 3rd quarter. State Street Corp now owns 15,241,984 shares of the company's stock valued at $312,613,000 after buying an additional 621,793 shares during the period. Finally, International Assets Investment Management LLC boosted its position in shares of Norwegian Cruise Line by 3,190.5% during the 3rd quarter. International Assets Investment Management LLC now owns 436,227 shares of the company's stock worth $8,947,000 after purchasing an additional 422,970 shares during the period. Institutional investors and hedge funds own 69.58% of the company's stock.

Norwegian Cruise Line Stock Down 4.8 %

Shares of NCLH traded down $1.31 during midday trading on Thursday, reaching $25.70. The stock had a trading volume of 22,197,889 shares, compared to its average volume of 8,675,682. The company's fifty day simple moving average is $26.57 and its two-hundred day simple moving average is $23.53. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.69 and a 1-year 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 $11.30 billion, a price-to-earnings ratio of 23.57, a PEG ratio of 0.25 and a beta of 2.64.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. StockNews.com raised shares of Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research report on Thursday, November 7th. Argus raised shares of Norwegian Cruise Line from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. Loop Capital assumed coverage on shares of Norwegian Cruise Line in a research report on Tuesday, February 4th. They set a "hold" rating and a $26.00 price objective for the company. Wells Fargo & Company increased their price objective on shares of Norwegian Cruise Line from $21.00 to $27.00 and gave the stock an "equal weight" rating in a research report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Norwegian Cruise Line from $21.00 to $24.00 and gave the company a "hold" rating in a research report on Friday, November 1st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $29.06.

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.