Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Purchased by Stifel Financial Corp

Stifel Financial Corp boosted its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 5.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 384,316 shares of the company’s stock after buying an additional 19,818 shares during the quarter. Stifel Financial Corp’s holdings in Norwegian Cruise Line were worth $9,888,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hopwood Financial Services Inc. purchased a new stake in shares of Norwegian Cruise Line during the fourth quarter worth about $26,000. Kestra Investment Management LLC purchased a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $27,000. Stonebridge Financial Group LLC acquired a new position in Norwegian Cruise Line during the 4th quarter valued at approximately $27,000. Rakuten Securities Inc. raised its holdings in shares of Norwegian Cruise Line by 176.0% in the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company’s stock worth $30,000 after buying an additional 739 shares during the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $31,000. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Performance

NCLH opened at $17.24 on Monday. The firm has a market capitalization of $7.58 billion, a PE ratio of 15.82, a PEG ratio of 0.24 and a beta of 2.27. 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 twelve month low of $14.21 and a twelve month high of $29.29. The firm’s 50-day moving average price is $19.36 and its 200 day moving average price is $23.82.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Tigress Financial restated a “strong-buy” rating and issued a $36.00 target price on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. Barclays decreased their target price on Norwegian Cruise Line from $32.00 to $23.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Northcoast Research began coverage on shares of Norwegian Cruise Line in a report on Friday. They issued a “buy” rating and a $21.00 price target on the stock. Wells Fargo & Company upped 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 report on Friday, February 28th. Finally, Bank of America reduced their target price on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, March 7th. Eight investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $26.63.

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.