Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Acquired by Great Lakes Advisors LLC

Great Lakes Advisors LLC increased its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 29.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 234,127 shares of the company’s stock after buying an additional 52,607 shares during the period. Great Lakes Advisors LLC’s holdings in Norwegian Cruise Line were worth $6,024,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Norwegian Cruise Line by 4.3% during the third quarter. State Street Corp now owns 15,241,984 shares of the company’s stock worth $312,613,000 after acquiring an additional 621,793 shares during the last quarter. Geode Capital Management LLC grew its stake in Norwegian Cruise Line by 2.6% during the 3rd quarter. Geode Capital Management LLC now owns 10,522,834 shares of the company’s stock valued at $215,481,000 after purchasing an additional 261,925 shares in the last quarter. Two Sigma Advisers LP increased its holdings in 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 during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Norwegian Cruise Line by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company’s stock valued at $91,285,000 after purchasing an additional 47,507 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Norwegian Cruise Line by 3.7% during the 4th quarter. Bank of New York Mellon Corp now owns 2,533,849 shares of the company’s stock valued at $65,196,000 after buying an additional 91,377 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Analysts Set New Price Targets

NCLH has been the topic of several research analyst reports. Citigroup increased their price target on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, February 28th. JPMorgan Chase & Co. boosted their price objective on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a research report on Tuesday, December 17th. Wells Fargo & Company raised their target price on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. The Goldman Sachs Group set a $34.00 target price on Norwegian Cruise Line in a report on Thursday, January 23rd. Finally, Barclays upgraded Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $28.00 to $32.00 in a research report on Friday, December 13th. One 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 given a strong buy rating to the stock. According to data from MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of “Moderate Buy” and an average price target of $29.19.

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH opened at $18.52 on Friday. The stock has a market cap of $8.15 billion, a P/E ratio of 16.99, a P/E/G ratio of 0.24 and a beta of 2.62. The firm’s 50-day simple moving average is $25.20 and its 200 day simple moving average is $24.14. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.69 and a fifty-two week high of $29.29. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35.

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.