QRG Capital Management Inc. Has $943,000 Stock Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

QRG Capital Management Inc. raised its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 15.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,638 shares of the company’s stock after buying an additional 4,808 shares during the period. QRG Capital Management Inc.’s holdings in Norwegian Cruise Line were worth $943,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Prestige Wealth Management Group LLC boosted its holdings in shares of Norwegian Cruise Line by 192.3% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock worth $25,000 after acquiring an additional 800 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in Norwegian Cruise Line in the 4th quarter valued at $27,000. Kestra Investment Management LLC acquired a new position in Norwegian Cruise Line in the fourth quarter worth $27,000. R Squared Ltd bought a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $31,000. Finally, Venturi Wealth Management LLC increased its stake in shares of Norwegian Cruise Line by 238.5% in the fourth quarter. Venturi Wealth Management LLC now owns 1,249 shares of the company’s stock valued at $32,000 after buying an additional 880 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Price Performance

Shares of NCLH opened at $21.97 on Tuesday. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The stock has a market cap of $9.66 billion, a P/E ratio of 20.16, a price-to-earnings-growth ratio of 0.24 and a beta of 2.64. The stock’s 50-day moving average price is $26.22 and its two-hundred day moving average price is $24.07. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.69 and a 1 year high of $29.29.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on NCLH shares. Tigress Financial upped their price target on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the stock a “strong-buy” rating in a research report on Monday, November 11th. Barclays upgraded shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $28.00 to $32.00 in a research report on Friday, December 13th. JPMorgan Chase & Co. raised their price target on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a report on Tuesday, December 17th. StockNews.com raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. Finally, Macquarie reissued an “outperform” rating and issued a $30.00 target price on shares of Norwegian Cruise Line in a research note on Friday, January 17th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have issued 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 a consensus price target of $29.31.

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.