Vontobel Holding Ltd. Lowers Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Vontobel Holding Ltd. cut its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 11.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,641 shares of the company’s stock after selling 4,801 shares during the quarter. Vontobel Holding Ltd.’s holdings in Norwegian Cruise Line were worth $943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Apollon Wealth Management LLC purchased a new stake in Norwegian Cruise Line in the 4th quarter worth approximately $272,000. Zacks Investment Management purchased a new stake in shares of Norwegian Cruise Line during the 3rd quarter valued at $3,821,000. Hodges Capital Management Inc. raised its position in shares of 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 buying an additional 23,075 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of 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 valued at $71,791,000 after buying an additional 94,178 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd raised its position in shares of Norwegian Cruise Line by 1,104.7% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 178,603 shares of the company’s stock valued at $3,663,000 after buying an additional 163,777 shares in the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Morgan Stanley raised their price objective on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the company an “underweight” rating in a research report on Tuesday, November 12th. Loop Capital assumed coverage on shares of Norwegian Cruise Line in a research report on Tuesday, February 4th. They set a “hold” rating and a $26.00 price objective on the stock. StockNews.com upgraded shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Argus upgraded shares of Norwegian Cruise Line from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. Finally, Mizuho lifted their target price on shares of Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $29.06.

Norwegian Cruise Line Price Performance

Shares of Norwegian Cruise Line stock opened at $27.19 on Wednesday. The firm has a market cap of $11.95 billion, a PE ratio of 24.94, a price-to-earnings-growth ratio of 0.26 and a beta of 2.64. 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 quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The company’s fifty day simple moving average is $26.58 and its two-hundred day simple moving average is $23.50.

About Norwegian Cruise Line

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.