Cerity Partners LLC Sells 5,426 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Cerity Partners LLC cut its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 161,768 shares of the company’s stock after selling 5,426 shares during the quarter. Cerity Partners LLC’s holdings in Norwegian Cruise Line were worth $4,008,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. HighTower Advisors LLC increased its holdings in shares of Norwegian Cruise Line by 12.1% during the third quarter. HighTower Advisors LLC now owns 86,544 shares of the company’s stock worth $1,778,000 after buying an additional 9,309 shares in the last quarter. Wellington Management Group LLP raised its position in Norwegian Cruise Line by 7.6% in the third quarter. Wellington Management Group LLP now owns 267,397 shares of the company’s stock valued at $5,484,000 after purchasing an additional 19,001 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of Norwegian Cruise Line during the third quarter valued at about $236,000. National Bank of Canada FI grew its holdings in shares of Norwegian Cruise Line by 41.4% during the third quarter. National Bank of Canada FI now owns 46,736 shares of the company’s stock worth $959,000 after purchasing an additional 13,678 shares during the last quarter. Finally, MML Investors Services LLC increased its stake in shares of Norwegian Cruise Line by 16.0% in the third quarter. MML Investors Services LLC now owns 17,439 shares of the company’s stock valued at $358,000 after buying an additional 2,404 shares during the period. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Down 2.2 %

Shares of NYSE:NCLH opened at $16.33 on Monday. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The business’s 50 day simple moving average is $21.42 and its two-hundred day simple moving average is $24.12. The firm has a market cap of $7.18 billion, a P/E ratio of 14.98, a PEG ratio of 0.24 and a beta of 2.27.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. BNP Paribas initiated coverage on shares of Norwegian Cruise Line in a report on Thursday, March 27th. They set a “neutral” rating and a $21.00 target price on the stock. Bank of America decreased their price objective on Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, March 7th. Jefferies Financial Group assumed coverage on Norwegian Cruise Line in a report on Monday, March 31st. They set a “buy” rating and a $25.00 target price on the stock. Wells Fargo & Company increased their price target on 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, The Goldman Sachs Group set a $34.00 price objective on Norwegian Cruise Line in a research note on Thursday, January 23rd. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and an average target price of $28.22.

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.