31,994 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Bought by Sciencast Management LP

Sciencast Management LP bought a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 31,994 shares of the company’s stock, valued at approximately $823,000.

Other large investors also recently added to or reduced their stakes in the company. Summit Global Investments bought a new stake in Norwegian Cruise Line in the 4th quarter worth $325,000. Semanteon Capital Management LP bought a new stake in Norwegian Cruise Line in the 4th quarter worth $780,000. Harvest Fund Management Co. Ltd bought a new stake in Norwegian Cruise Line in the 4th quarter worth $1,119,000. OVERSEA CHINESE BANKING Corp Ltd bought a new stake in Norwegian Cruise Line in the 4th quarter worth $4,362,000. Finally, Cibc World Markets Corp grew its holdings in Norwegian Cruise Line by 45.4% in the 4th quarter. Cibc World Markets Corp now owns 49,509 shares of the company’s stock worth $1,274,000 after acquiring an additional 15,463 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Up 1.8 %

Shares of Norwegian Cruise Line stock opened at $20.44 on Friday. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. The stock has a market capitalization of $8.99 billion, a PE ratio of 18.76, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. 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 50-day simple moving average of $24.49 and a two-hundred day simple moving average of $24.27.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Loop Capital assumed coverage on shares of Norwegian Cruise Line in a research note on Tuesday, February 4th. They set a “hold” rating and a $26.00 target price on the stock. Bank of America cut their target price on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Friday, March 7th. Morgan Stanley raised shares of Norwegian Cruise Line from an “underweight” rating to an “equal weight” rating and cut their target price for the company from $27.00 to $22.00 in a research note on Friday. Truist Financial lifted their target price on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Finally, Macquarie lifted their target price on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. Eight analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and a consensus target price of $28.94.

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.