Groupama Asset Managment Makes New Investment in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Groupama Asset Managment purchased a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 44,788 shares of the company’s stock, valued at approximately $1,153,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Norwegian Cruise Line by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 53,307,282 shares of the company’s stock valued at $1,371,596,000 after buying an additional 277,360 shares during the period. State Street Corp raised its position in shares of Norwegian Cruise Line by 4.3% during the 3rd quarter. State Street Corp now owns 15,241,984 shares of the company’s stock valued at $312,613,000 after buying an additional 621,793 shares during the period. Geode Capital Management LLC lifted its holdings in Norwegian Cruise Line by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 10,793,268 shares of the company’s stock valued at $277,399,000 after acquiring an additional 270,434 shares during the last quarter. Norges Bank purchased a new position in Norwegian Cruise Line in the fourth quarter worth approximately $113,156,000. Finally, Two Sigma Advisers LP increased its stake in Norwegian Cruise Line by 864.9% during the third quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company’s stock worth $79,263,000 after acquiring an additional 3,464,100 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on NCLH. Loop Capital started coverage on shares of Norwegian Cruise Line in a report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price objective on the stock. Jefferies Financial Group began coverage on shares of Norwegian Cruise Line in a research note on Monday. They issued a “buy” rating and a $25.00 price target on the stock. Bank of America lowered their price objective on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, March 7th. Tigress Financial reissued a “strong-buy” rating and issued a $36.00 target price on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Finally, Wells Fargo & Company raised their price target on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday, February 28th. Nine investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $28.28.

Norwegian Cruise Line Stock Up 2.6 %

Shares of Norwegian Cruise Line stock opened at $19.55 on Thursday. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.69 and a 52-week high of $29.29. The company has a market capitalization of $8.60 billion, a P/E ratio of 17.94, a P/E/G ratio of 0.24 and a beta of 2.62. The company has a 50 day moving average of $23.42 and a 200 day moving average of $24.37.

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.