Steward Partners Investment Advisory LLC Sells 3,665 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Steward Partners Investment Advisory LLC lessened its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 55.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,892 shares of the company’s stock after selling 3,665 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Norwegian Cruise Line were worth $74,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Avior Wealth Management LLC boosted its holdings in shares of Norwegian Cruise Line by 34.1% in the third quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock valued at $35,000 after buying an additional 429 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Norwegian Cruise Line by 1.1% in the third quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company’s stock valued at $944,000 after buying an additional 509 shares during the period. Mount Lucas Management LP boosted its holdings in shares of Norwegian Cruise Line by 2.4% in the third quarter. Mount Lucas Management LP now owns 22,055 shares of the company’s stock valued at $452,000 after buying an additional 516 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Norwegian Cruise Line by 1.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company’s stock valued at $918,000 after buying an additional 521 shares during the period. Finally, Vinva Investment Management Ltd boosted its holdings in shares of Norwegian Cruise Line by 3.6% in the third quarter. Vinva Investment Management Ltd now owns 15,085 shares of the company’s stock valued at $309,000 after buying an additional 528 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Performance

NYSE NCLH opened at $20.03 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 firm’s fifty day moving average price is $24.97 and its two-hundred day moving average price is $24.25. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.69 and a 1 year high of $29.29. The firm has a market capitalization of $8.81 billion, a P/E ratio of 18.37, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62.

Analysts Set New Price Targets

Several research firms have recently weighed in on NCLH. 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. Tigress Financial reiterated a “strong-buy” rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. The Goldman Sachs Group set a $34.00 target price on shares of Norwegian Cruise Line in a report on Thursday, January 23rd. Citigroup increased their target price on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, February 28th. Finally, Loop Capital started coverage on shares of Norwegian Cruise Line in a report on Tuesday, February 4th. They set a “hold” rating and a $26.00 target price for the company. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $29.19.

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.