198,498 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Acquired by Lbp Am Sa

Lbp Am Sa purchased a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 198,498 shares of the company’s stock, valued at approximately $5,107,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. State Street Corp increased its position in 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 purchasing an additional 621,793 shares during the last quarter. Geode Capital Management LLC increased its position in Norwegian Cruise Line by 2.6% during the third quarter. Geode Capital Management LLC now owns 10,522,834 shares of the company’s stock worth $215,481,000 after purchasing an additional 261,925 shares during the last quarter. Two Sigma Advisers LP increased its position in Norwegian Cruise Line by 864.9% during the third 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. increased its position in Norwegian Cruise Line by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company’s stock worth $91,285,000 after purchasing an additional 47,507 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Norwegian Cruise Line by 3.7% during the fourth quarter. Bank of New York Mellon Corp now owns 2,533,849 shares of the company’s stock worth $65,196,000 after purchasing an additional 91,377 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Up 3.7 %

NYSE NCLH opened at $19.21 on Friday. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.69 and a 12 month high of $29.29. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The company has a market capitalization of $8.45 billion, a price-to-earnings ratio of 17.62, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. The company’s fifty day moving average price is $25.08 and its two-hundred day moving average price is $24.15.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Bank of America dropped their price objective on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, March 7th. Citigroup increased their price objective 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. Tigress Financial reissued a “strong-buy” rating and issued a $36.00 price objective on shares of Norwegian Cruise Line in a research report on Tuesday. Macquarie increased their price objective on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. Finally, Wells Fargo & Company increased their price objective on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.