Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC reduced its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 174,035 shares of the company’s stock after selling 3,461 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Norwegian Cruise Line were worth $4,483,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Stonebridge Financial Group LLC purchased a new position in shares of Norwegian Cruise Line during the 4th quarter valued at approximately $27,000. R Squared Ltd acquired a new stake in Norwegian Cruise Line during the fourth quarter valued at $31,000. 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 valued at $25,000 after buying an additional 800 shares in the last quarter. Avior Wealth Management LLC raised its position in shares of 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 acquiring an additional 429 shares during the period. Finally, Blue Trust Inc. raised its position in shares of 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 acquiring an additional 1,817 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Tigress Financial lifted their price target on Norwegian Cruise Line from $32.00 to $36.00 and gave the company a “strong-buy” rating in a research note on Monday, November 11th. Wells Fargo & Company boosted their price objective on Norwegian Cruise Line from $21.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Friday, November 1st. Bank of America raised their target price on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, November 13th. Loop Capital began coverage on shares of Norwegian Cruise Line in a report on Tuesday, February 4th. They set a “hold” rating and a $26.00 price target for the company. Finally, Mizuho lifted their price objective on shares of Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and an average price target of $29.06.

Norwegian Cruise Line Trading Down 4.8 %

NYSE:NCLH opened at $25.70 on Friday. 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 52-week low of $14.69 and a 52-week high of $29.29. The stock’s 50 day moving average price is $26.54 and its 200 day moving average price is $23.54. The company has a market capitalization of $11.30 billion, a PE ratio of 23.57, a P/E/G ratio of 0.25 and a beta of 2.64.

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.