Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Stock Position Lifted by Amundi

Amundi lifted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 39.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 774,044 shares of the company’s stock after purchasing an additional 218,401 shares during the quarter. Amundi owned 0.18% of Norwegian Cruise Line worth $20,063,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Apollon Wealth Management LLC acquired a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at $272,000. Cookson Peirce & Co. Inc. acquired a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at $654,000. Zacks Investment Management acquired a new stake in shares of Norwegian Cruise Line in the third quarter valued at $3,821,000. Hodges Capital Management Inc. lifted its holdings in shares of Norwegian Cruise Line by 1.5% in the third quarter. Hodges Capital Management Inc. now owns 1,544,515 shares of the company’s stock valued at $31,678,000 after buying an additional 23,075 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Norwegian Cruise Line by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,500,309 shares of the company’s stock valued at $71,791,000 after buying an additional 94,178 shares during the period. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Performance

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on NCLH shares. Bank of America reduced their target price on Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, March 7th. Macquarie upped their target price on Norwegian Cruise Line from $30.00 to $31.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. JPMorgan Chase & Co. upped their target price on Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a report on Tuesday, December 17th. Barclays raised Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $28.00 to $32.00 in a report on Friday, December 13th. Finally, Citigroup upped their target price on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a “buy” rating in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $29.19.

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.