Sagespring Wealth Partners LLC Purchases Shares of 37,105 Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Sagespring Wealth Partners LLC acquired a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 37,105 shares of the company's stock, valued at approximately $955,000.

Several other large investors also recently added to or reduced their stakes in the company. Hopwood Financial Services Inc. bought a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $26,000. Stonebridge Financial Group LLC purchased a new position in shares of Norwegian Cruise Line during the 4th quarter valued at $27,000. Kestra Investment Management LLC purchased a new stake in shares of Norwegian Cruise Line in the fourth quarter worth $27,000. Rakuten Securities Inc. grew its position in Norwegian Cruise Line by 176.0% during the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after buying an additional 739 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 69.58% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Stifel Nicolaus lowered their target price on shares of Norwegian Cruise Line from $36.00 to $30.00 and set a "buy" rating on the stock in a research note on Wednesday. Wells Fargo & Company raised their price target on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an "equal weight" rating in a research note on Friday, February 28th. Tigress Financial restated a "strong-buy" rating and issued a $36.00 price objective on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. BNP Paribas began coverage on shares of Norwegian Cruise Line in a research note on Thursday, March 27th. They issued a "neutral" rating and a $21.00 price target for the company. Finally, JPMorgan Chase & Co. raised Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price objective on the stock in a research report on Monday, March 17th. Nine investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Norwegian Cruise Line has a consensus rating of "Moderate Buy" and a consensus price target of $28.28.

Norwegian Cruise Line Stock Performance

Shares of NCLH traded up $0.30 on Friday, reaching $16.39. The company's stock had a trading volume of 9,746,753 shares, compared to its average volume of 12,707,414. 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 stock has a market capitalization of $7.21 billion, a P/E ratio of 15.03, a PEG ratio of 0.24 and a beta of 2.27. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The stock's 50 day simple moving average is $20.52 and its two-hundred day simple moving average is $23.95.

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.