Rhumbline Advisers Has $19.63 Million Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Rhumbline Advisers lowered its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 763,044 shares of the company’s stock after selling 8,363 shares during the period. Rhumbline Advisers owned 0.17% of Norwegian Cruise Line worth $19,633,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Prestige Wealth Management Group LLC increased its holdings in Norwegian Cruise Line by 192.3% in the third quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock worth $25,000 after buying an additional 800 shares during the last quarter. Stonebridge Financial Group LLC acquired a new position in Norwegian Cruise Line in the fourth quarter worth approximately $27,000. R Squared Ltd acquired a new position in Norwegian Cruise Line in the fourth quarter worth approximately $31,000. Avior Wealth Management LLC increased its holdings in Norwegian Cruise Line by 34.1% in the third quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock worth $35,000 after buying an additional 429 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in Norwegian Cruise Line by 489.8% in the third quarter. Blue Trust Inc. now owns 2,188 shares of the company’s stock worth $41,000 after buying an additional 1,817 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on NCLH shares. Truist Financial increased their price objective on Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. Loop Capital initiated coverage on Norwegian Cruise Line in a report on Tuesday, February 4th. They set a “hold” rating and a $26.00 price target on the stock. Morgan Stanley increased their price target on Norwegian Cruise Line from $19.00 to $26.00 and gave the company an “underweight” rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. increased their price target on Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a report on Tuesday, December 17th. Finally, Wells Fargo & Company increased 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. One research analyst has rated the stock with a sell rating, eight have given 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, the stock has an average rating of “Moderate Buy” and a consensus target price of $29.06.

Norwegian Cruise Line Stock Down 4.8 %

Shares of NCLH stock opened at $25.70 on Friday. The stock has a market cap of $11.30 billion, a P/E ratio of 23.57, a price-to-earnings-growth ratio of 0.25 and a beta of 2.64. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $29.29. The stock has a fifty day moving average price of $26.54 and a 200 day moving average price of $23.54. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17.

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.