Asset Management One Co. Ltd. raised its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 24.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,705 shares of the company’s stock after purchasing an additional 2,133 shares during the period. Asset Management One Co. Ltd.’s holdings in Norwegian Cruise Line were worth $276,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in NCLH. Baillie Gifford & Co. acquired a new position in Norwegian Cruise Line during the 3rd quarter valued at about $179,146,000. Two Sigma Advisers LP raised its position in shares of Norwegian Cruise Line by 864.9% in the 3rd quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company’s stock valued at $79,263,000 after acquiring an additional 3,464,100 shares during the period. Wedge Capital Management L L P NC acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at approximately $43,956,000. ING Groep NV raised its position in shares of Norwegian Cruise Line by 1,340.3% in the 3rd quarter. ING Groep NV now owns 831,505 shares of the company’s stock valued at $17,054,000 after acquiring an additional 773,772 shares during the period. Finally, State Street Corp raised its position in shares of Norwegian Cruise Line by 4.3% in the 3rd quarter. State Street Corp now owns 15,241,984 shares of the company’s stock valued at $312,613,000 after acquiring an additional 621,793 shares during the period. 69.58% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
NCLH has been the topic of a number of analyst reports. Argus upgraded shares of Norwegian Cruise Line from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. Bank of America increased their price target on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, November 13th. Truist Financial increased their price target on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Wells Fargo & Company increased 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 research report on Friday, November 1st. Finally, StockNews.com upgraded shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $29.06.
Norwegian Cruise Line Price Performance
Shares of NCLH opened at $25.70 on Friday. The stock has a market capitalization of $11.30 billion, a P/E ratio of 23.57, a P/E/G ratio of 0.25 and a beta of 2.64. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.69 and a twelve month high of $29.29. The company has a 50 day moving average of $26.54 and a 200-day moving average of $23.54. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35.
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.
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