Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by Good Life Advisors LLC

Good Life Advisors LLC reduced its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 5.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,495 shares of the company’s stock after selling 571 shares during the quarter. Good Life Advisors LLC’s holdings in Norwegian Cruise Line were worth $270,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of NCLH. Baillie Gifford & Co. purchased a new stake in shares of Norwegian Cruise Line during the 3rd quarter worth $179,146,000. Two Sigma Advisers LP boosted its position in shares of Norwegian Cruise Line by 864.9% during the 3rd quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company’s stock worth $79,263,000 after purchasing an additional 3,464,100 shares in the last quarter. Wedge Capital Management L L P NC purchased a new stake in shares of Norwegian Cruise Line during the 4th quarter worth $43,956,000. ING Groep NV boosted its position in shares of Norwegian Cruise Line by 1,340.3% during the 3rd quarter. ING Groep NV now owns 831,505 shares of the company’s stock worth $17,054,000 after purchasing an additional 773,772 shares in the last quarter. Finally, State Street Corp boosted 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 worth $312,613,000 after purchasing an additional 621,793 shares in the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Down 6.2 %

Norwegian Cruise Line stock opened at $24.09 on Friday. The firm has a market cap of $10.59 billion, a PE ratio of 22.10, a P/E/G ratio of 0.25 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. The firm’s 50 day moving average price is $26.49 and its two-hundred day moving average price is $23.60. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.69 and a twelve month high of $29.29.

Analysts Set New Price Targets

NCLH has been the topic of several recent research reports. Bank of America boosted their price objective on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. The Goldman Sachs Group upgraded shares of Norwegian Cruise Line from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $29.00 to $35.00 in a research report on Tuesday, December 10th. Loop Capital initiated coverage on shares of Norwegian Cruise Line in a research report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price objective on the stock. StockNews.com upgraded shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 17th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and a consensus target price 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.