Choreo LLC Boosts Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Choreo LLC boosted its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 47.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,821 shares of the company’s stock after acquiring an additional 5,444 shares during the period. Choreo LLC’s holdings in Norwegian Cruise Line were worth $433,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. R Squared Ltd acquired a new position in Norwegian Cruise Line in the 4th quarter valued at about $31,000. Prestige Wealth Management Group LLC grew its stake in shares of Norwegian Cruise Line by 192.3% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock valued at $25,000 after purchasing an additional 800 shares during the last quarter. Avior Wealth Management LLC increased its holdings in shares of Norwegian Cruise Line by 34.1% in 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 during the period. Blue Trust Inc. raised its stake in shares of Norwegian Cruise Line by 489.8% during the third quarter. Blue Trust Inc. now owns 2,188 shares of the company’s stock worth $41,000 after purchasing an additional 1,817 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of Norwegian Cruise Line during the third quarter worth $56,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Wall Street Analysts Forecast Growth

NCLH has been the topic of several recent analyst reports. StockNews.com upgraded Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. UBS Group upped their price objective on Norwegian Cruise Line from $19.00 to $29.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. raised their target price on Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a report on Tuesday, December 17th. Tigress Financial increased their price target on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the company a “strong-buy” rating in a report on Monday, November 11th. Finally, Mizuho boosted their price objective on shares of Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $29.06.

Norwegian Cruise Line Price Performance

NCLH opened at $26.23 on Thursday. 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 1-year low of $14.69 and a 1-year high of $29.29. The company has a 50-day moving average of $26.63 and a 200-day moving average of $23.19. The company has a market capitalization of $11.53 billion, a P/E ratio of 24.06, a PEG ratio of 0.26 and a beta of 2.64.

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.