Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC lifted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 21.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,900 shares of the company’s stock after purchasing an additional 2,485 shares during the quarter. Wealthfront Advisers LLC’s holdings in Norwegian Cruise Line were worth $358,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in NCLH. Prestige Wealth Management Group LLC lifted its position in Norwegian Cruise Line by 192.3% during the third quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock valued at $25,000 after purchasing an additional 800 shares during the period. Stonebridge Financial Group LLC acquired a new position in Norwegian Cruise Line during the fourth quarter valued at $27,000. Kestra Investment Management LLC acquired a new position in Norwegian Cruise Line during the fourth quarter valued at $27,000. R Squared Ltd acquired a new position in Norwegian Cruise Line during the fourth quarter valued at $31,000. Finally, Venturi Wealth Management LLC lifted its position in Norwegian Cruise Line by 238.5% during the fourth quarter. Venturi Wealth Management LLC now owns 1,249 shares of the company’s stock valued at $32,000 after purchasing an additional 880 shares during the period. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NCLH has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their target price 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. Citigroup boosted their target price on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Friday, February 28th. Wells Fargo & Company boosted their target price 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. Barclays upgraded shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $28.00 to $32.00 in a research report on Friday, December 13th. Finally, Macquarie upped 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. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $29.19.

Norwegian Cruise Line Stock Up 3.7 %

NCLH stock opened at $19.21 on Monday. The stock has a market capitalization of $8.45 billion, a P/E ratio of 17.62, a P/E/G ratio of 0.24 and a beta of 2.62. The firm has a 50-day simple moving average of $25.08 and a 200-day simple moving average of $24.24. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.69 and a 52 week high of $29.29.

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.