State of Alaska Department of Revenue Trims Stock Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

State of Alaska Department of Revenue decreased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,154 shares of the company’s stock after selling 940 shares during the period. State of Alaska Department of Revenue’s holdings in Norwegian Cruise Line were worth $1,290,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in NCLH. R Squared Ltd acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at approximately $31,000. Prestige Wealth Management Group LLC boosted its position in shares of Norwegian Cruise Line by 192.3% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock worth $25,000 after acquiring an additional 800 shares in the last quarter. Avior Wealth Management LLC raised its holdings in Norwegian Cruise Line by 34.1% during the third quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock worth $35,000 after purchasing an additional 429 shares in the last quarter. Blue Trust Inc. grew its position in shares of Norwegian Cruise Line by 489.8% in the 3rd quarter. Blue Trust Inc. now owns 2,188 shares of the company’s stock valued at $41,000 after buying an additional 1,817 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of Norwegian Cruise Line during the third quarter worth about $56,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Up 0.2 %

Shares of Norwegian Cruise Line stock opened at $26.23 on Thursday. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The business’s 50 day simple moving average is $26.63 and its 200-day simple moving average is $23.19. The stock has a market capitalization of $11.53 billion, a price-to-earnings ratio of 24.06, a PEG ratio of 0.26 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.

Wall Street Analyst Weigh In

NCLH has been the subject of several recent research reports. Truist Financial increased their target price on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. UBS Group boosted their price target on Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. upped their price target on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 17th. The Goldman Sachs Group raised Norwegian Cruise Line from a “neutral” rating to a “buy” rating and upped their target price for the stock from $29.00 to $35.00 in a research report on Tuesday, December 10th. Finally, StockNews.com raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.