Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Stock Holdings Lifted by US Bancorp DE

US Bancorp DE lifted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 70.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 20,528 shares of the company’s stock after buying an additional 8,504 shares during the quarter. US Bancorp DE’s holdings in Norwegian Cruise Line were worth $528,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Apollon Wealth Management LLC bought a new stake in Norwegian Cruise Line in the 4th quarter valued at about $272,000. Zacks Investment Management bought a new stake in Norwegian Cruise Line in the 3rd quarter valued at about $3,821,000. Hodges Capital Management Inc. lifted its position in Norwegian Cruise Line by 1.5% in the 3rd quarter. Hodges Capital Management Inc. now owns 1,544,515 shares of the company’s stock valued at $31,678,000 after purchasing an additional 23,075 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Norwegian Cruise Line by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,500,309 shares of the company’s stock valued at $71,791,000 after purchasing an additional 94,178 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its position in 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 valued at $3,663,000 after purchasing an additional 163,777 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NCLH. Citigroup upped their price target on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, February 28th. Barclays raised shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $28.00 to $32.00 in a research note on Friday, December 13th. Tigress Financial reaffirmed a “strong-buy” rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday. Wells Fargo & Company upped their price target on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. Finally, Bank of America reduced their price target on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, March 7th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and a consensus price target of $29.19.

Norwegian Cruise Line Stock Up 1.2 %

Shares of NYSE NCLH opened at $19.00 on Thursday. The firm has a market capitalization of $8.36 billion, a PE ratio of 17.43, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. 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 1 year low of $14.69 and a 1 year high of $29.29. The firm’s 50-day moving average is $25.35 and its 200-day moving average is $24.18.

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.