1,054 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Acquired by Kestra Investment Management LLC

Kestra Investment Management LLC bought a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,054 shares of the company’s stock, valued at approximately $27,000.

Several other institutional investors have also added to or reduced their stakes in the business. Baillie Gifford & Co. bought a new stake in shares of Norwegian Cruise Line during the 3rd quarter valued at about $179,146,000. Two Sigma Advisers LP lifted its position in Norwegian Cruise Line by 864.9% during the third quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company’s stock valued at $79,263,000 after purchasing an additional 3,464,100 shares in the last quarter. Wedge Capital Management L L P NC bought a new stake in Norwegian Cruise Line during the fourth quarter valued at about $43,956,000. ING Groep NV lifted its position in shares of Norwegian Cruise Line by 1,340.3% during the 3rd quarter. ING Groep NV now owns 831,505 shares of the company’s stock valued at $17,054,000 after buying an additional 773,772 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Norwegian Cruise Line by 4.3% in the third quarter. State Street Corp now owns 15,241,984 shares of the company’s stock worth $312,613,000 after purchasing an additional 621,793 shares during the period. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on NCLH shares. Wells Fargo & Company lifted their price target on shares of Norwegian Cruise Line from $21.00 to $27.00 and gave the company an “equal weight” rating in a report on Friday, November 1st. Truist Financial upped their target price on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Morgan Stanley lifted their price target on Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 12th. Argus upgraded Norwegian Cruise Line from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. Finally, Barclays raised Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $28.00 to $32.00 in a research report on Friday, December 13th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Norwegian Cruise Line currently has a consensus rating of “Moderate Buy” and an average price target of $29.00.

Norwegian Cruise Line Price Performance

NCLH opened at $24.09 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. The business’s fifty day simple moving average is $26.49 and its 200-day simple moving average is $23.66. The company has a market capitalization of $10.59 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 0.24 and a beta of 2.64. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.69 and a 12-month high of $29.29.

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.