Proficio Capital Partners LLC Purchases New Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Proficio Capital Partners LLC acquired a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 80,535 shares of the company's stock, valued at approximately $2,072,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System grew its holdings in shares of Norwegian Cruise Line by 2.1% in the third quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the company's stock valued at $509,000 after acquiring an additional 500 shares in the last quarter. Van ECK Associates Corp grew its stake in Norwegian Cruise Line by 7.0% in the 3rd quarter. Van ECK Associates Corp now owns 252,845 shares of the company's stock valued at $5,186,000 after purchasing an additional 16,439 shares during the period. Asset Management One Co. Ltd. increased its position in shares of Norwegian Cruise Line by 27.2% during the 3rd quarter. Asset Management One Co. Ltd. now owns 8,572 shares of the company's stock valued at $176,000 after purchasing an additional 1,831 shares during the last quarter. QRG Capital Management Inc. increased its position in shares of Norwegian Cruise Line by 85.5% during the 3rd quarter. QRG Capital Management Inc. now owns 31,830 shares of the company's stock valued at $653,000 after purchasing an additional 14,669 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Norwegian Cruise Line by 6.2% during the 3rd quarter. Principal Financial Group Inc. now owns 514,087 shares of the company's stock worth $10,544,000 after purchasing an additional 30,182 shares during the period. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH opened at $21.32 on Thursday. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.69 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 stock has a market cap of $9.38 billion, a P/E ratio of 19.56, a P/E/G ratio of 0.24 and a beta of 2.64. The company has a 50 day moving average of $26.01 and a 200 day moving average of $24.08.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on NCLH shares. Citigroup raised their price objective on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Friday, February 28th. Barclays raised shares of Norwegian Cruise Line from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $28.00 to $32.00 in a report on Friday, December 13th. Loop Capital initiated coverage on Norwegian Cruise Line in a report on Tuesday, February 4th. They set a "hold" rating and a $26.00 price objective for the company. Tigress Financial boosted their target price on Norwegian Cruise Line from $32.00 to $36.00 and gave the company a "strong-buy" rating in a research note on Monday, November 11th. Finally, JPMorgan Chase & Co. increased their price target on Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a "neutral" rating in a research note on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $29.31.

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.

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