1,060 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Acquired by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,060 shares of the company’s stock, valued at approximately $27,000.

Several other institutional investors have also modified their holdings of the company. Exchange Traded Concepts LLC raised its position in Norwegian Cruise Line by 1,048.6% in the third quarter. Exchange Traded Concepts LLC now owns 5,743 shares of the company’s stock worth $118,000 after acquiring 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 third quarter. Creative Planning now owns 523,989 shares of the company’s stock valued at $10,747,000 after acquiring an additional 12,614 shares during the last quarter. nVerses Capital LLC purchased a new stake in Norwegian Cruise Line during the 3rd quarter worth about $615,000. Blue Trust Inc. raised its stake in Norwegian Cruise Line by 489.8% in the 3rd quarter. Blue Trust Inc. now owns 2,188 shares of the company’s stock valued at $41,000 after purchasing an additional 1,817 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Norwegian Cruise Line by 5.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 177,496 shares of the company’s stock valued at $3,640,000 after purchasing an additional 8,890 shares in the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Up 0.1 %

NYSE:NCLH opened at $26.36 on Friday. The firm has a market capitalization of $11.59 billion, a PE ratio of 24.19, a price-to-earnings-growth ratio of 0.26 and a beta of 2.64. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.69 and a 52 week high of $29.29. 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 stock has a 50 day moving average of $26.58 and a 200-day moving average of $23.24.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on NCLH. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Norwegian Cruise Line from $21.00 to $24.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Mizuho increased their price objective on shares of Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. JPMorgan Chase & Co. increased their target price on Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 17th. Loop Capital initiated 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 target on the stock. Finally, Bank of America boosted their price objective on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 13th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $29.06.

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.