Venturi Wealth Management LLC Acquires 880 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Venturi Wealth Management LLC grew its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 238.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,249 shares of the company’s stock after buying an additional 880 shares during the quarter. Venturi Wealth Management LLC’s holdings in Norwegian Cruise Line were worth $32,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Apollon Wealth Management LLC acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at $272,000. Zacks Investment Management acquired a new position in Norwegian Cruise Line in the third quarter valued at about $3,821,000. Hodges Capital Management Inc. grew its stake in Norwegian Cruise Line by 1.5% during the third quarter. Hodges Capital Management Inc. now owns 1,544,515 shares of the company’s stock worth $31,678,000 after buying an additional 23,075 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Norwegian Cruise Line by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,500,309 shares of the company’s stock worth $71,791,000 after buying an additional 94,178 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its holdings in shares of Norwegian Cruise Line by 1,104.7% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 178,603 shares of the company’s stock worth $3,663,000 after acquiring an additional 163,777 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Stock Down 0.9 %

NYSE:NCLH opened at $24.63 on Wednesday. The firm has a market capitalization of $10.83 billion, a price-to-earnings ratio of 22.60, a price-to-earnings-growth ratio of 0.24 and a beta of 2.64. 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 Holdings Ltd. has a twelve month low of $14.69 and a twelve month high of $29.29. The stock’s 50 day moving average price is $26.42 and its two-hundred day moving average price is $23.85.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on NCLH. StockNews.com raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. Truist Financial lifted their price target on Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Morgan Stanley increased their price objective on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a report on Tuesday, November 12th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Norwegian Cruise Line from $21.00 to $24.00 and gave the stock a “hold” rating in a research note on Friday, November 1st. Finally, Mizuho increased their price target on shares of Norwegian Cruise Line from $26.00 to $28.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.00.

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.