Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Bought by Blue Trust Inc.

Blue Trust Inc. raised its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 38.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,037 shares of the company’s stock after buying an additional 849 shares during the period. Blue Trust Inc.’s holdings in Norwegian Cruise Line were worth $78,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Avior Wealth Management LLC increased its stake in shares of Norwegian Cruise Line by 34.1% in the 3rd 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 in the last quarter. Louisiana State Employees Retirement System grew its holdings in Norwegian Cruise Line by 2.1% in the third quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the company’s stock valued at $509,000 after purchasing an additional 500 shares during the period. Thrivent Financial for Lutherans increased its position in shares of Norwegian Cruise Line by 1.1% in the third quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company’s stock valued at $944,000 after buying an additional 509 shares in the last quarter. Mount Lucas Management LP raised its stake in shares of Norwegian Cruise Line by 2.4% during the 3rd quarter. Mount Lucas Management LP now owns 22,055 shares of the company’s stock worth $452,000 after buying an additional 516 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Norwegian Cruise Line by 1.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company’s stock valued at $918,000 after buying an additional 521 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Down 3.5 %

Shares of NCLH stock opened at $27.30 on Friday. The company has a current ratio of 0.20, a quick ratio of 0.17 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 company’s 50-day moving average price is $26.69 and its 200-day moving average price is $22.98. The stock has a market cap of $12.00 billion, a price-to-earnings ratio of 25.05, a PEG ratio of 0.26 and a beta of 2.64.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Loop Capital started coverage on shares of Norwegian Cruise Line in a report on Tuesday. They issued a “hold” rating and a $26.00 price target for the company. Barclays raised shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $28.00 to $32.00 in a research note on Friday, December 13th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Norwegian Cruise Line from $21.00 to $24.00 and gave the company a “hold” rating in a research note on Friday, November 1st. Morgan Stanley boosted their price objective on Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a research note on Tuesday, November 12th. Finally, UBS Group raised their target price on Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” 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 issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of “Moderate Buy” and an average target price of $29.06.

About Norwegian Cruise Line

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.