1,060 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Purchased by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,060 shares of the company’s stock, valued at approximately $27,000.

A number of other institutional investors and hedge funds have also made changes to their positions in NCLH. Avior Wealth Management LLC increased its holdings in Norwegian Cruise Line by 34.1% in the 3rd quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock worth $35,000 after acquiring an additional 429 shares in the last quarter. Louisiana State Employees Retirement System lifted its stake in Norwegian Cruise Line by 2.1% in the 3rd quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the company’s stock valued at $509,000 after buying an additional 500 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in Norwegian Cruise Line by 1.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company’s stock worth $944,000 after buying an additional 509 shares during the last quarter. Mount Lucas Management LP raised its holdings in shares of Norwegian Cruise Line by 2.4% during the third quarter. Mount Lucas Management LP now owns 22,055 shares of the company’s stock valued at $452,000 after acquiring an additional 516 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Norwegian Cruise Line by 1.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company’s stock worth $918,000 after acquiring an additional 521 shares during the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Up 0.1 %

Shares of NCLH opened at $26.36 on Friday. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.69 and a 1 year high of $29.29. The company’s 50-day simple moving average is $26.58 and its 200-day simple moving average is $23.24. The stock has a market capitalization of $11.59 billion, a PE ratio of 24.19, a P/E/G ratio of 0.26 and a beta of 2.64. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20.

Wall Street Analyst Weigh In

NCLH has been the subject of several recent research reports. Tigress Financial raised their price objective on Norwegian Cruise Line from $32.00 to $36.00 and gave the company a “strong-buy” rating in a report on Monday, November 11th. Barclays upgraded shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $28.00 to $32.00 in a report on Friday, December 13th. Truist Financial upped their price target on Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Macquarie reiterated an “outperform” rating and set a $30.00 price objective on shares of Norwegian Cruise Line in a research report on Friday, January 17th. Finally, Loop Capital began coverage on Norwegian Cruise Line in a report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 target price for the company. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and an average price target of $29.06.

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.