Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Stake Decreased by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC cut its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 14.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,744 shares of the company’s stock after selling 1,300 shares during the period. Smartleaf Asset Management LLC’s holdings in Norwegian Cruise Line were worth $199,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Louisiana State Employees Retirement System increased its holdings in shares of Norwegian Cruise Line by 2.1% during the third quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the company’s stock valued at $509,000 after purchasing an additional 500 shares during the period. Van ECK Associates Corp increased its stake in Norwegian Cruise Line by 7.0% during the 3rd quarter. Van ECK Associates Corp now owns 252,845 shares of the company’s stock valued at $5,186,000 after buying an additional 16,439 shares during the period. Asset Management One Co. Ltd. raised its position in shares of Norwegian Cruise Line by 27.2% during the 3rd quarter. Asset Management One Co. Ltd. now owns 8,572 shares of the company’s stock worth $176,000 after buying an additional 1,831 shares in the last quarter. QRG Capital Management Inc. lifted its stake 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 worth $653,000 after acquiring an additional 14,669 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Norwegian Cruise Line by 6.2% in the third 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 in the last quarter. 69.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Morgan Stanley upped their target price on Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 12th. StockNews.com raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. Wells Fargo & Company upped their price target on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an “equal weight” rating in a report on Friday, February 28th. Loop Capital assumed coverage on shares of Norwegian Cruise Line in a research note on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price objective on the stock. Finally, Tigress Financial raised their target price on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the stock a “strong-buy” rating in a report on Monday, November 11th. One 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $29.31.

Norwegian Cruise Line Trading Up 0.9 %

Shares of NYSE:NCLH opened at $21.32 on Thursday. 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 quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The firm has a market capitalization of $9.38 billion, a P/E ratio of 19.56, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. The firm has a fifty day moving average of $26.01 and a two-hundred day moving average of $24.08.

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.