Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. trimmed its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 26.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,307,459 shares of the company’s stock after selling 478,267 shares during the quarter. Victory Capital Management Inc.’s holdings in Norwegian Cruise Line were worth $33,641,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of NCLH. Asset Management One Co. Ltd. increased its holdings in shares of Norwegian Cruise Line by 27.2% in the 3rd quarter. Asset Management One Co. Ltd. now owns 8,572 shares of the company’s stock valued at $176,000 after acquiring an additional 1,831 shares during the period. QRG Capital Management Inc. increased its holdings in shares of Norwegian Cruise Line by 85.5% in the 3rd quarter. QRG Capital Management Inc. now owns 31,830 shares of the company’s stock valued at $653,000 after acquiring an additional 14,669 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Norwegian Cruise Line by 6.2% in the 3rd quarter. Principal Financial Group Inc. now owns 514,087 shares of the company’s stock valued at $10,544,000 after acquiring an additional 30,182 shares during the period. Atria Investments Inc increased its holdings in shares of Norwegian Cruise Line by 15.2% in the 3rd quarter. Atria Investments Inc now owns 22,113 shares of the company’s stock valued at $454,000 after acquiring an additional 2,910 shares during the period. Finally, GSA Capital Partners LLP increased its holdings in shares of Norwegian Cruise Line by 72.5% in the 3rd quarter. GSA Capital Partners LLP now owns 18,662 shares of the company’s stock valued at $383,000 after acquiring an additional 7,846 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock opened at $20.05 on Monday. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.69 and a 52 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. The firm’s 50-day simple moving average is $25.77 and its 200 day simple moving average is $24.19. The firm has a market capitalization of $8.82 billion, a PE ratio of 18.40, a P/E/G ratio of 0.24 and a beta of 2.62.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an “equal weight” rating in a research report on Friday, February 28th. Truist Financial lifted their price objective on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. The Goldman Sachs Group set a $34.00 price objective on shares of Norwegian Cruise Line in a research report on Thursday, January 23rd. Tigress Financial lifted their price objective on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the company a “strong-buy” rating in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. lifted 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. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $29.19.

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.