Mirae Asset Global Investments Co. Ltd. Boosts Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 34.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,319 shares of the company’s stock after buying an additional 11,044 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Norwegian Cruise Line were worth $1,115,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NCLH. Zacks Investment Management purchased a new stake in shares of Norwegian Cruise Line during the third quarter valued at approximately $3,821,000. Hodges Capital Management Inc. grew its holdings in Norwegian Cruise Line by 1.5% during the 3rd quarter. Hodges Capital Management Inc. now owns 1,544,515 shares of the company’s stock valued at $31,678,000 after purchasing an additional 23,075 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Norwegian Cruise Line by 2.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,500,309 shares of the company’s stock worth $71,791,000 after buying an additional 94,178 shares during the period. Y Intercept Hong Kong Ltd lifted its holdings in Norwegian Cruise Line by 1,104.7% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 178,603 shares of the company’s stock worth $3,663,000 after buying an additional 163,777 shares in the last quarter. Finally, nVerses Capital LLC purchased a new position in Norwegian Cruise Line in the 3rd quarter valued at about $615,000. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Norwegian Cruise Line Trading Down 1.3 %

NYSE:NCLH opened at $26.16 on Wednesday. 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 business has a 50 day simple moving average of $26.66 and a 200 day simple moving average of $23.14. The firm has a market capitalization of $11.50 billion, a P/E ratio of 24.00, a P/E/G ratio of 0.26 and a beta of 2.64.

Analyst Ratings Changes

NCLH has been the topic of a number of analyst reports. StockNews.com raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Truist Financial lifted their price objective on Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. JPMorgan Chase & Co. increased their target price on Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Tuesday, December 17th. UBS Group lifted their price target on shares of Norwegian Cruise Line from $19.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Finally, Loop Capital began coverage on shares of Norwegian Cruise Line in a report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price target on the stock. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Norwegian Cruise Line has an average rating of “Moderate Buy” and an average target price of $29.06.

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.