EverSource Wealth Advisors LLC Sells 1,986 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

EverSource Wealth Advisors LLC decreased its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 7.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,145 shares of the company’s stock after selling 1,986 shares during the period. EverSource Wealth Advisors LLC’s holdings in Norwegian Cruise Line were worth $621,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Prestige Wealth Management Group LLC grew its holdings in shares of Norwegian Cruise Line by 192.3% during 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 during the period. Stonebridge Financial Group LLC purchased a new position in shares of Norwegian Cruise Line during the 4th quarter worth approximately $27,000. Kestra Investment Management LLC purchased a new position in shares of Norwegian Cruise Line during the 4th quarter worth approximately $27,000. R Squared Ltd purchased a new position in shares of Norwegian Cruise Line during the 4th quarter worth approximately $31,000. Finally, Venturi Wealth Management LLC grew its holdings in shares of Norwegian Cruise Line by 238.5% during the 4th quarter. Venturi Wealth Management LLC now owns 1,249 shares of the company’s stock worth $32,000 after acquiring an additional 880 shares during the period. Institutional investors own 69.58% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on NCLH shares. Truist Financial upped their price target on Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Wells Fargo & Company upped their price target on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. Tigress Financial restated a “strong-buy” rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday. Barclays upgraded Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $28.00 to $32.00 in a research note on Friday, December 13th. Finally, Bank of America cut their price target on Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.19.

Norwegian Cruise Line Price Performance

NYSE:NCLH opened at $18.52 on Friday. The stock has a market cap of $8.15 billion, a PE ratio of 16.99, a P/E/G ratio of 0.24 and a beta of 2.62. The business’s 50-day simple moving average is $25.20 and its two-hundred day simple moving average is $24.14. 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.