Signature Estate & Investment Advisors LLC Has $474,000 Stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Signature Estate & Investment Advisors LLC decreased its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,408 shares of the company’s stock after selling 692 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Norwegian Cruise Line were worth $474,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thrivent Financial for Lutherans raised its position in Norwegian Cruise Line by 1.1% in the third quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company’s stock valued at $944,000 after purchasing an additional 509 shares during the last quarter. Vinva Investment Management Ltd boosted its position in Norwegian Cruise Line by 3.6% during the 3rd quarter. Vinva Investment Management Ltd now owns 15,085 shares of the company’s stock worth $309,000 after buying an additional 528 shares during the period. Rakuten Securities Inc. boosted its position in Norwegian Cruise Line by 176.0% during the 4th 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 period. Farther Finance Advisors LLC boosted its position in Norwegian Cruise Line by 29.3% during the 4th quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company’s stock worth $86,000 after buying an additional 754 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC grew its holdings in Norwegian Cruise Line by 5.4% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 15,395 shares of the company’s stock worth $396,000 after acquiring an additional 784 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Down 1.3 %

NCLH stock opened at $20.21 on Thursday. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.69 and a fifty-two week high of $29.29. The stock’s 50 day simple moving average is $24.17 and its 200 day simple moving average is $24.34. The company has a market cap of $8.89 billion, a P/E ratio of 18.54, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62.

Analyst Ratings Changes

NCLH has been the subject of several analyst reports. Truist Financial raised their price target on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Tigress Financial reaffirmed a “strong-buy” rating and set a $36.00 target price on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Barclays upgraded Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $28.00 to $32.00 in a research report on Friday, December 13th. Citigroup lifted their price objective on Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, February 28th. Finally, JPMorgan Chase & Co. raised shares of Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 target price for the company in a research report on Monday, March 17th. Eight analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $28.94.

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.