10,251 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Purchased by Bleakley Financial Group LLC

Bleakley Financial Group LLC purchased a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,251 shares of the company’s stock, valued at approximately $264,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new stake in shares of Norwegian Cruise Line during the second quarter worth approximately $523,000. Exchange Traded Concepts LLC increased its holdings in shares of Norwegian Cruise Line by 1,048.6% during the third quarter. Exchange Traded Concepts LLC now owns 5,743 shares of the company’s stock worth $118,000 after buying an additional 5,243 shares in the last quarter. Creative Planning increased its holdings in shares of Norwegian Cruise Line by 2.5% during the third quarter. Creative Planning now owns 523,989 shares of the company’s stock worth $10,747,000 after buying an additional 12,614 shares in the last quarter. NBC Securities Inc. increased its holdings in shares of Norwegian Cruise Line by 1.5% during the third quarter. NBC Securities Inc. now owns 45,603 shares of the company’s stock worth $935,000 after buying an additional 678 shares in the last quarter. Finally, nVerses Capital LLC acquired a new stake in shares of Norwegian Cruise Line during the third quarter worth approximately $615,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a “neutral” rating in a report on Tuesday, December 17th. Barclays raised shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $28.00 to $32.00 in a report on Friday, December 13th. Wells Fargo & Company raised their price target on shares of Norwegian Cruise Line from $21.00 to $27.00 and gave the company an “equal weight” rating in a report on Friday, November 1st. UBS Group raised their price target on shares of Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Finally, Truist Financial raised their price target on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a report on Monday, December 2nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and an average target price of $29.06.

Norwegian Cruise Line Trading Down 1.3 %

NYSE:NCLH opened at $26.16 on Wednesday. The firm’s fifty day moving average is $26.66 and its 200-day moving average is $23.14. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.69 and a 52 week high of $29.29. The firm has a market cap of $11.50 billion, a P/E ratio of 24.00, a P/E/G ratio of 0.26 and a beta of 2.64.

About Norwegian Cruise Line

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.