8,500 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Purchased by Banco Santander S.A.

Banco Santander S.A. bought a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the fourth quarter, Holdings Channel reports. The institutional investor bought 8,500 shares of the company’s stock, valued at approximately $219,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Prestige Wealth Management Group LLC lifted its holdings 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 worth $25,000 after purchasing an additional 800 shares during the last quarter. Stonebridge Financial Group LLC acquired a new stake in Norwegian Cruise Line in the fourth quarter worth $27,000. Kestra Investment Management LLC bought a new stake in Norwegian Cruise Line in the fourth quarter valued at $27,000. R Squared Ltd acquired a new position in shares of Norwegian Cruise Line during the fourth quarter valued at $31,000. Finally, Venturi Wealth Management LLC grew its position in shares of Norwegian Cruise Line by 238.5% during the fourth quarter. Venturi Wealth Management LLC now owns 1,249 shares of the company’s stock worth $32,000 after acquiring an additional 880 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on NCLH. Bank of America cut their price objective on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday. Citigroup lifted their price target on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a “buy” rating in a report on Friday, February 28th. Wells Fargo & Company increased their price objective on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. Barclays raised Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $28.00 to $32.00 in a research note on Friday, December 13th. Finally, Loop Capital assumed coverage on Norwegian Cruise Line in a research note on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price target for the company. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Norwegian Cruise Line has an average rating of “Moderate Buy” and a consensus price target of $29.19.

Norwegian Cruise Line Stock Performance

Shares of NCLH opened at $18.72 on Tuesday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.69 and a 12-month high of $29.29. The stock has a market capitalization of $8.23 billion, a P/E ratio of 17.17, a P/E/G ratio of 0.24 and a beta of 2.62. The firm’s 50 day moving average is $25.62 and its 200-day moving average is $24.21. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17.

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.