70,566 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Purchased by Virtu Financial LLC

Virtu Financial LLC acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 70,566 shares of the company's stock, valued at approximately $1,816,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in NCLH. Apollon Wealth Management LLC purchased a new position in shares of Norwegian Cruise Line in the fourth quarter worth $272,000. Cookson Peirce & Co. Inc. purchased a new position in Norwegian Cruise Line during the fourth quarter valued at $654,000. Zacks Investment Management acquired a new stake in Norwegian Cruise Line in the 3rd quarter worth about $3,821,000. Hodges Capital Management Inc. raised its stake in Norwegian Cruise Line by 1.5% in the 3rd quarter. Hodges Capital Management Inc. now owns 1,544,515 shares of the company's stock valued at $31,678,000 after purchasing an additional 23,075 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Norwegian Cruise Line by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,500,309 shares of the company's stock worth $71,791,000 after buying an additional 94,178 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors.

Norwegian Cruise Line Stock Performance

NYSE NCLH traded down $0.33 during trading hours on Thursday, hitting $19.89. 6,928,818 shares of the company's stock traded hands, compared to its average volume of 12,149,496. 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 business's fifty day moving average price is $24.17 and its two-hundred day moving average price is $24.34. The firm has a market capitalization of $8.75 billion, a P/E ratio of 18.25, a P/E/G ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.69 and a 52 week high of $29.29.

Remove Ads

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on NCLH shares. BNP Paribas assumed coverage on Norwegian Cruise Line in a research note on Thursday. They set a "neutral" rating and a $21.00 target price for the company. Morgan Stanley upgraded Norwegian Cruise Line from an "underweight" rating to an "equal weight" rating and decreased their price objective for the company from $27.00 to $22.00 in a research note on Friday, March 21st. Bank of America cut their price objective on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating on the stock in a report on Friday, March 7th. Truist Financial boosted their target price on Norwegian Cruise Line from $25.00 to $35.00 and gave the company a "buy" rating in a report on Monday, December 2nd. Finally, Macquarie boosted their target price on Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th. Nine equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Norwegian Cruise Line presently has a consensus rating of "Moderate Buy" and an average target price of $28.47.

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.