Sei Investments Co. Purchases 238,565 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Sei Investments Co. boosted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 119.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 438,794 shares of the company's stock after purchasing an additional 238,565 shares during the quarter. Sei Investments Co. owned about 0.10% of Norwegian Cruise Line worth $11,290,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Apollon Wealth Management LLC bought a new stake in Norwegian Cruise Line in the 4th quarter valued at $272,000. Cookson Peirce & Co. Inc. bought a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at about $654,000. Zacks Investment Management acquired a new position in shares of Norwegian Cruise Line in the third quarter valued at about $3,821,000. Hodges Capital Management Inc. increased its position in Norwegian Cruise Line by 1.5% during the third quarter. Hodges Capital Management Inc. now owns 1,544,515 shares of the company's stock worth $31,678,000 after acquiring an additional 23,075 shares during the period. Finally, Jupiter Asset Management Ltd. increased its position in Norwegian Cruise Line by 365.5% during the fourth quarter. Jupiter Asset Management Ltd. now owns 2,168,658 shares of the company's stock worth $55,800,000 after acquiring an additional 1,702,748 shares during the period. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NCLH has been the topic of several recent research reports. Macquarie raised their target price on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an "outperform" rating in a report on Thursday, March 6th. Barclays raised Norwegian Cruise Line from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $28.00 to $32.00 in a report on Friday, December 13th. Citigroup upped their price objective on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a "buy" rating in a research report on Friday, February 28th. The Goldman Sachs Group set a $34.00 target price on shares of Norwegian Cruise Line in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. raised shares of Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 price objective on the stock in a research note on Monday, March 17th. Nine analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Norwegian Cruise Line has a consensus rating of "Moderate Buy" and an average target price of $28.28.

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Norwegian Cruise Line Trading Down 0.3 %

Shares of Norwegian Cruise Line stock traded down $0.05 on Wednesday, hitting $19.01. 3,433,321 shares of the company's stock traded hands, compared to its average volume of 12,316,668. The company has a market capitalization of $8.36 billion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $29.29. 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 company has a fifty day moving average of $23.55 and a two-hundred day moving average of $24.40.

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.