Glaxis Capital Management LLC Acquires New Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Glaxis Capital Management LLC acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,000 shares of the company’s stock, valued at approximately $257,000.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. raised its holdings in Norwegian Cruise Line by 6.2% during the 3rd quarter. Principal Financial Group Inc. now owns 514,087 shares of the company’s stock worth $10,544,000 after purchasing an additional 30,182 shares during the last quarter. Atria Investments Inc raised its holdings in Norwegian Cruise Line by 15.2% during the 3rd quarter. Atria Investments Inc now owns 22,113 shares of the company’s stock worth $454,000 after purchasing an additional 2,910 shares during the last quarter. GSA Capital Partners LLP raised its holdings in Norwegian Cruise Line by 72.5% during the 3rd quarter. GSA Capital Partners LLP now owns 18,662 shares of the company’s stock worth $383,000 after purchasing an additional 7,846 shares during the last quarter. Baillie Gifford & Co. bought a new position in Norwegian Cruise Line during the 3rd quarter worth approximately $179,146,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in 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 worth $918,000 after purchasing an additional 521 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Performance

NYSE NCLH opened at $18.79 on Wednesday. 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 company has a market cap of $8.26 billion, a P/E ratio of 17.23, a PEG ratio of 0.24 and a beta of 2.62. The company has a fifty day simple moving average of $25.49 and a 200 day simple moving average of $24.22. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.69 and a 12-month high of $29.29.

Wall Street Analyst Weigh In

NCLH has been the subject of several analyst reports. Truist Financial raised their price target on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. The Goldman Sachs Group set a $34.00 price objective on shares of Norwegian Cruise Line in a research note on Thursday, January 23rd. Barclays upgraded shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $28.00 to $32.00 in a research note on Friday, December 13th. Wells Fargo & Company lifted their price objective on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. Finally, Loop Capital started coverage on shares of Norwegian Cruise Line in a research note on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price objective for the company. One 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 assigned a strong buy rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and an average price target of $29.19.

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.