First Dallas Securities Inc. Sells 21,850 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

First Dallas Securities Inc. lessened its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 38.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,450 shares of the company's stock after selling 21,850 shares during the period. First Dallas Securities Inc.'s holdings in Norwegian Cruise Line were worth $912,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of NCLH. Caprock Group LLC acquired a new position in Norwegian Cruise Line during the 4th quarter worth $219,000. Hanson & Doremus Investment Management increased its stake in shares of Norwegian Cruise Line by 3.2% in the fourth quarter. Hanson & Doremus Investment Management now owns 80,627 shares of the company's stock worth $2,075,000 after purchasing an additional 2,518 shares during the period. Smith Group Asset Management LLC acquired a new position in shares of Norwegian Cruise Line during the 4th quarter worth about $304,000. R Squared Ltd bought a new stake in Norwegian Cruise Line during the 4th quarter valued at approximately $31,000. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in Norwegian Cruise Line by 5.4% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 15,395 shares of the company's stock valued at $396,000 after purchasing an additional 784 shares during the period. 69.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

NCLH has been the subject of a number of research analyst reports. Mizuho upped their price target on Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an "outperform" rating in a report on Friday, November 1st. Morgan Stanley upped their target price on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the company an "underweight" rating in a research note on Tuesday, November 12th. Tigress Financial increased their price target on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the company a "strong-buy" rating in a report on Monday, November 11th. Bank of America boosted their price objective on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. increased their target price on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the company a "neutral" rating in a research note on Tuesday, December 17th. 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $29.06.

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock traded down $0.98 during mid-day trading on Friday, hitting $27.30. 9,033,330 shares of the company were exchanged, compared to its average volume of 8,302,480. The company has a market capitalization of $12.00 billion, a PE ratio of 25.05, a price-to-earnings-growth ratio of 0.26 and a beta of 2.64. The business has a fifty day moving average of $26.69 and a 200 day moving average of $22.98. 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 quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35.

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.