Jump Financial LLC Has $1.69 Million Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Jump Financial LLC lessened its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 80.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,740 shares of the company's stock after selling 278,537 shares during the quarter. Jump Financial LLC's holdings in Norwegian Cruise Line were worth $1,691,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Norges Bank purchased a new position in Norwegian Cruise Line during the fourth quarter valued at approximately $113,156,000. Renaissance Technologies LLC raised its position in shares of Norwegian Cruise Line by 113.1% in the fourth quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company's stock valued at $143,502,000 after purchasing an additional 2,959,631 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Norwegian Cruise Line by 2,064.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,214,989 shares of the company's stock valued at $56,992,000 after acquiring an additional 2,112,667 shares during the period. Los Angeles Capital Management LLC bought a new position in Norwegian Cruise Line during the fourth quarter worth $52,660,000. Finally, Wedge Capital Management L L P NC acquired a new position in Norwegian Cruise Line in the 4th quarter valued at approximately $43,956,000. 69.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on NCLH shares. Tigress Financial reiterated a "strong-buy" rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Loop Capital raised Norwegian Cruise Line from a "hold" rating to a "buy" rating and set a $25.00 price target on the stock in a research note on Monday. BNP Paribas began coverage on shares of Norwegian Cruise Line in a research report on Thursday, March 27th. They set a "neutral" rating and a $21.00 price target on the stock. JPMorgan Chase & Co. raised 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, Wells Fargo & Company increased their price objective on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. Eight investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $26.94.

Norwegian Cruise Line Stock Performance

NYSE NCLH traded up $0.42 during trading on Wednesday, reaching $17.03. The company's stock had a trading volume of 18,225,807 shares, compared to its average volume of 12,755,010. The firm has a 50 day moving average price of $19.93 and a 200 day moving average price of $23.91. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The firm has a market capitalization of $7.49 billion, a price-to-earnings ratio of 15.62, a price-to-earnings-growth ratio of 0.24 and a beta of 2.27.

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.