Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 69.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,199 shares of the company's stock after buying an additional 22,214 shares during the quarter. Pacer Advisors Inc.'s holdings in Norwegian Cruise Line were worth $1,395,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. KBC Group NV boosted its stake in shares of Norwegian Cruise Line by 48.9% in the 4th quarter. KBC Group NV now owns 17,789 shares of the company's stock valued at $458,000 after buying an additional 5,843 shares during the period. Blue Trust Inc. grew its holdings in Norwegian Cruise Line by 38.8% during the 4th quarter. Blue Trust Inc. now owns 3,037 shares of the company's stock worth $78,000 after acquiring an additional 849 shares in the last quarter. Smith Chas P & Associates PA Cpas purchased a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at approximately $204,000. Fifth Third Bancorp raised its holdings in shares of Norwegian Cruise Line by 2.0% in the 4th quarter. Fifth Third Bancorp now owns 40,534 shares of the company's stock valued at $1,043,000 after purchasing an additional 795 shares in the last quarter. Finally, CX Institutional purchased a new stake in shares of Norwegian Cruise Line during the 4th quarter worth $207,000. Hedge funds and other institutional investors own 69.58% of the company's stock.

Insider Activity at Norwegian Cruise Line

In other Norwegian Cruise Line news, CAO Faye L. Ashby sold 38,344 shares of the company's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $27.30, for a total transaction of $1,046,791.20. Following the transaction, the chief accounting officer now directly owns 116,270 shares in the company, valued at approximately $3,174,171. This represents a 24.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.52% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Mizuho raised their price target on Norwegian Cruise Line from $26.00 to $28.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. StockNews.com raised Norwegian Cruise Line from a "sell" rating to a "hold" rating in a report on Thursday, November 7th. Truist Financial raised their price objective on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a "buy" rating in a report on Monday, December 2nd. Argus upgraded shares of Norwegian Cruise Line from a "hold" rating to a "buy" rating in a report on Monday, November 4th. Finally, The Goldman Sachs Group raised shares of Norwegian Cruise Line from a "neutral" rating to a "buy" rating and boosted their price target for the company from $29.00 to $35.00 in a research report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $29.06.

Norwegian Cruise Line Stock Performance

NYSE NCLH traded up $0.15 during trading hours on Thursday, hitting $28.28. 5,929,155 shares of the stock were exchanged, compared to its average volume of 8,271,785. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The company has a market cap of $12.43 billion, a price-to-earnings ratio of 25.94, a price-to-earnings-growth ratio of 0.26 and a beta of 2.64. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.69 and a 12-month high of $29.29. The stock has a 50-day moving average of $26.66 and a 200 day moving average of $22.95.

Norwegian Cruise Line Company 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.