Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Position Increased by Choreo LLC

Choreo LLC grew its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 47.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,821 shares of the company’s stock after purchasing an additional 5,444 shares during the period. Choreo LLC’s holdings in Norwegian Cruise Line were worth $433,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Sanctuary Advisors LLC purchased a new stake in shares of Norwegian Cruise Line in the second quarter worth approximately $523,000. Exchange Traded Concepts LLC lifted its position in Norwegian Cruise Line by 1,048.6% in the 3rd quarter. Exchange Traded Concepts LLC now owns 5,743 shares of the company’s stock worth $118,000 after buying an additional 5,243 shares in the last quarter. Creative Planning boosted its stake in shares of Norwegian Cruise Line by 2.5% during the 3rd quarter. Creative Planning now owns 523,989 shares of the company’s stock valued at $10,747,000 after buying an additional 12,614 shares during the period. NBC Securities Inc. grew its holdings in shares of Norwegian Cruise Line by 1.5% during the 3rd quarter. NBC Securities Inc. now owns 45,603 shares of the company’s stock valued at $935,000 after acquiring an additional 678 shares in the last quarter. Finally, nVerses Capital LLC acquired a new position in shares of Norwegian Cruise Line in the third quarter worth $615,000. 69.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. StockNews.com raised shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. lifted their price objective on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Tuesday, December 17th. Morgan Stanley increased their target price on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 12th. Tigress Financial upped their price target on Norwegian Cruise Line from $32.00 to $36.00 and gave the stock a “strong-buy” rating in a research note on Monday, November 11th. Finally, Bank of America raised their price objective on Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and an average price target of $29.06.

Norwegian Cruise Line Trading Up 0.2 %

NYSE:NCLH opened at $26.23 on Thursday. The company has a market cap of $11.53 billion, a PE ratio of 24.06, a PEG ratio of 0.26 and a beta of 2.64. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $29.29. The firm has a 50-day moving average of $26.63 and a 200-day moving average of $23.19.

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.