Hopwood Financial Services Inc. Invests $26,000 in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Hopwood Financial Services Inc. bought a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,000 shares of the company’s stock, valued at approximately $26,000.

Several other hedge funds also recently made changes to their positions in NCLH. Principal Financial Group Inc. lifted its stake in shares of Norwegian Cruise Line by 6.2% in the 3rd quarter. Principal Financial Group Inc. now owns 514,087 shares of the company’s stock worth $10,544,000 after acquiring an additional 30,182 shares during the period. Atria Investments Inc lifted its stake in shares of Norwegian Cruise Line by 15.2% in the 3rd quarter. Atria Investments Inc now owns 22,113 shares of the company’s stock worth $454,000 after acquiring an additional 2,910 shares during the period. GSA Capital Partners LLP lifted its stake in shares of Norwegian Cruise Line by 72.5% in the 3rd quarter. GSA Capital Partners LLP now owns 18,662 shares of the company’s stock worth $383,000 after acquiring an additional 7,846 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Norwegian Cruise Line by 1.2% in the 3rd 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 period. Finally, Oppenheimer Asset Management Inc. purchased a new position in shares of Norwegian Cruise Line in the 3rd quarter valued at about $212,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

NCLH has been the subject of a number of research analyst reports. Truist Financial increased their price target on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Macquarie increased their price target on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Bank of America cut their price target 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. Loop Capital initiated coverage on shares of Norwegian Cruise Line in a report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price target for the company. Finally, Barclays upgraded shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $28.00 to $32.00 in a report on Friday, December 13th. One equities research 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 company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $29.19.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH opened at $19.00 on Thursday. The company has a market cap of $8.36 billion, a PE ratio of 17.43, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.69 and a 12 month high of $29.29. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The company has a 50-day simple moving average of $25.35 and a 200-day simple moving average of $24.18.

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.