17,449 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Acquired by Headlands Technologies LLC

Headlands Technologies LLC purchased a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 17,449 shares of the company’s stock, valued at approximately $449,000.

Other large investors have also recently made changes to their positions in the company. Apollon Wealth Management LLC purchased a new position in Norwegian Cruise Line in the 4th quarter worth $272,000. Cookson Peirce & Co. Inc. bought a new position in shares of Norwegian Cruise Line during the fourth quarter valued at about $654,000. Zacks Investment Management purchased a new position in shares of Norwegian Cruise Line in the third quarter worth about $3,821,000. Hodges Capital Management Inc. lifted its stake in shares of Norwegian Cruise Line by 1.5% in the 3rd quarter. Hodges Capital Management Inc. now owns 1,544,515 shares of the company’s stock valued at $31,678,000 after acquiring an additional 23,075 shares during the last quarter. Finally, Jupiter Asset Management Ltd. boosted its holdings in Norwegian Cruise Line by 365.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 2,168,658 shares of the company’s stock valued at $55,800,000 after acquiring an additional 1,702,748 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Trading Down 16.5 %

NYSE:NCLH opened at $16.28 on Friday. The firm has a market capitalization of $7.16 billion, a P/E ratio of 14.93, a PEG ratio of 0.24 and a beta of 2.62. 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 company’s 50-day simple moving average is $23.21 and its 200 day simple moving average is $24.31.

Analyst Ratings Changes

NCLH has been the subject of several recent research reports. Morgan Stanley upgraded Norwegian Cruise Line from an “underweight” rating to an “equal weight” rating and lowered their price objective for the company from $27.00 to $22.00 in a research report on Friday, March 21st. Macquarie upped their price target on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Jefferies Financial Group began coverage on shares of Norwegian Cruise Line in a report on Monday. They issued a “buy” rating and a $25.00 price target on the stock. Barclays raised shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $28.00 to $32.00 in a research note on Friday, December 13th. Finally, Loop Capital started coverage on Norwegian Cruise Line in a research note on Tuesday, February 4th. They issued a “hold” rating and a $26.00 target price on the stock. Nine research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $28.28.

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.