Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lessened its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 81.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 33,418 shares of the company’s stock after selling 145,185 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Norwegian Cruise Line were worth $860,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Kestra Investment Management LLC acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at about $27,000. Stonebridge Financial Group LLC acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at about $27,000. R Squared Ltd acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at about $31,000. Prestige Wealth Management Group LLC grew its stake in shares of Norwegian Cruise Line by 192.3% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock valued at $25,000 after buying an additional 800 shares during the period. Finally, Venturi Wealth Management LLC grew its stake in shares of Norwegian Cruise Line by 238.5% in the 4th quarter. Venturi Wealth Management LLC now owns 1,249 shares of the company’s stock valued at $32,000 after buying an additional 880 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Bank of America increased their price target on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. StockNews.com raised shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. UBS Group increased their price target on shares of Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Tigress Financial increased their price target on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the company a “strong-buy” rating in a research note on Monday, November 11th. Finally, Barclays raised 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 research note on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Norwegian Cruise Line has an average rating of “Moderate Buy” and a consensus target price of $29.00.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock opened at $23.62 on Friday. 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 stock has a market capitalization of $10.39 billion, a PE ratio of 21.67, a P/E/G ratio of 0.24 and a beta of 2.64. The firm has a 50 day moving average of $26.38 and a two-hundred day moving average of $23.86.

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.