Quantbot Technologies LP Has $5.02 Million Stock Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Quantbot Technologies LP cut its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 46.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 194,987 shares of the company’s stock after selling 170,858 shares during the period. Quantbot Technologies LP’s holdings in Norwegian Cruise Line were worth $5,017,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Hopwood Financial Services Inc. acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at about $26,000. Kestra Investment Management LLC acquired a new position in Norwegian Cruise Line during the 4th quarter valued at about $27,000. Stonebridge Financial Group LLC acquired a new position in Norwegian Cruise Line during the 4th quarter valued at about $27,000. Rakuten Securities Inc. boosted its stake in Norwegian Cruise Line by 176.0% during the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company’s stock valued at $30,000 after purchasing an additional 739 shares during the last quarter. Finally, R Squared Ltd acquired a new position in Norwegian Cruise Line during the 4th quarter valued at about $31,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Up 1.8 %

NYSE:NCLH opened at $20.44 on Friday. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The stock has a market capitalization of $8.99 billion, a PE ratio of 18.76, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. The firm’s 50 day moving average is $24.49 and its 200 day moving average is $24.22. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.69 and a 12 month high of $29.29.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on NCLH shares. Macquarie lifted their price target on Norwegian Cruise Line from $30.00 to $31.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. Morgan Stanley upgraded Norwegian Cruise Line from an “underweight” rating to an “equal weight” rating and cut their price target for the company from $27.00 to $22.00 in a research note on Friday. Truist Financial lifted their price target on Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Loop Capital started coverage on shares of Norwegian Cruise Line in a research report on Tuesday, February 4th. They set a “hold” rating and a $26.00 target price on the stock. Finally, Barclays raised shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $28.00 to $32.00 in a research report on Friday, December 13th. Eight research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.94.

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.