Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System cut its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 4.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 23,700 shares of the company’s stock after selling 1,100 shares during the period. Louisiana State Employees Retirement System’s holdings in Norwegian Cruise Line were worth $610,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in NCLH. Exchange Traded Concepts LLC raised its position in 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 acquiring an additional 5,243 shares during the period. Creative Planning raised its position in 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 acquiring an additional 12,614 shares during the period. Blue Trust Inc. raised its position in 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 acquiring an additional 1,817 shares during the period. Allspring Global Investments Holdings LLC raised its position in Norwegian Cruise Line by 5.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 177,496 shares of the company’s stock worth $3,640,000 after acquiring an additional 8,890 shares during the period. Finally, International Assets Investment Management LLC raised its position in Norwegian Cruise Line by 3,190.5% during the third quarter. International Assets Investment Management LLC now owns 436,227 shares of the company’s stock worth $8,947,000 after acquiring an additional 422,970 shares during the period. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Up 3.1 %

Shares of NCLH stock opened at $27.19 on Wednesday. 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 firm has a market cap of $11.95 billion, a PE ratio of 24.94, a price-to-earnings-growth ratio of 0.26 and a beta of 2.64. The company has a 50-day moving average of $26.58 and a two-hundred day moving average of $23.50. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.69 and a 1-year high of $29.29.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on NCLH shares. Macquarie reiterated an “outperform” rating and issued a $30.00 target price on shares of Norwegian Cruise Line in a research report on Friday, January 17th. JPMorgan Chase & Co. increased their target price on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a research report on Tuesday, December 17th. Morgan Stanley increased their target price on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the company an “underweight” rating in a research report on Tuesday, November 12th. Loop Capital started coverage on shares of Norwegian Cruise Line in a research report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 target price for the company. Finally, Argus upgraded shares of Norwegian Cruise Line from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.06.

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.