Caprock Group LLC Takes Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Caprock Group LLC purchased a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,522 shares of the company’s stock, valued at approximately $219,000.

Several other large investors have also recently bought and sold shares of NCLH. Prestige Wealth Management Group LLC grew its stake in Norwegian Cruise Line by 192.3% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock valued at $25,000 after acquiring an additional 800 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth approximately $31,000. Avior Wealth Management LLC grew its position in Norwegian Cruise Line by 34.1% during the third quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock valued at $35,000 after purchasing an additional 429 shares in the last quarter. Blue Trust Inc. increased its stake in Norwegian Cruise Line by 489.8% in the 3rd quarter. Blue Trust Inc. now owns 2,188 shares of the company’s stock valued at $41,000 after buying an additional 1,817 shares during the period. Finally, Brooklyn Investment Group acquired a new position in Norwegian Cruise Line in the 3rd quarter valued at approximately $56,000. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Up 0.5 %

Norwegian Cruise Line stock opened at $28.28 on Friday. The firm has a market cap of $12.43 billion, a price-to-earnings ratio of 25.94, a P/E/G ratio of 0.26 and a beta of 2.64. The firm has a fifty day moving average price of $26.66 and a two-hundred day moving average price of $22.95. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.69 and a fifty-two week 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.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on NCLH shares. Macquarie restated an “outperform” rating and set a $30.00 price target on shares of Norwegian Cruise Line in a report on Friday, January 17th. StockNews.com upgraded Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. Mizuho raised their price target on Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Wells Fargo & Company lifted their price target on Norwegian Cruise Line from $21.00 to $27.00 and gave the company an “equal weight” rating in a report on Friday, November 1st. Finally, Bank of America increased their price objective on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Norwegian Cruise Line has an average rating of “Moderate Buy” and an average target price of $29.06.

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.