Swiss National Bank Acquires 27,600 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Swiss National Bank increased its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 3.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 864,800 shares of the company's stock after buying an additional 27,600 shares during the period. Swiss National Bank owned 0.20% of Norwegian Cruise Line worth $22,251,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Prestige Wealth Management Group LLC boosted its holdings in shares of Norwegian Cruise Line by 192.3% during the third quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company's stock worth $25,000 after acquiring an additional 800 shares during the period. Hopwood Financial Services Inc. acquired a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $26,000. Stonebridge Financial Group LLC bought a new stake in Norwegian Cruise Line in the 4th quarter valued at $27,000. Kestra Investment Management LLC acquired a new position in Norwegian Cruise Line in the 4th quarter valued at $27,000. Finally, Rakuten Securities Inc. increased its position in Norwegian Cruise Line by 176.0% during the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after buying an additional 739 shares during the period. Institutional investors and hedge funds own 69.58% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NCLH. Truist Financial boosted their target price on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a "buy" rating in a research report on Monday, December 2nd. Morgan Stanley raised shares of Norwegian Cruise Line from an "underweight" rating to an "equal weight" rating and cut their price objective for the company from $27.00 to $22.00 in a report on Friday. Citigroup raised their target price 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. The Goldman Sachs Group set a $34.00 price target on Norwegian Cruise Line in a research note on Thursday, January 23rd. Finally, Macquarie raised their price objective on Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an "outperform" rating in a research note on Thursday, March 6th. Eight equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Norwegian Cruise Line presently has an average rating of "Moderate Buy" and an average price target of $28.94.

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Norwegian Cruise Line Price Performance

NCLH stock traded up $0.35 during trading on Friday, reaching $20.44. 19,911,406 shares of the company were exchanged, compared to its average volume of 12,142,648. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.69 and a twelve month 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 market capitalization of $8.99 billion, a price-to-earnings ratio of 18.76, a P/E/G ratio of 0.24 and a beta of 2.62. The company has a 50-day moving average of $24.60 and a two-hundred day moving average of $24.20.

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.