65,773 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Bought by Bryce Point Capital LLC

Bryce Point Capital LLC acquired a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 65,773 shares of the company’s stock, valued at approximately $1,692,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thrivent Financial for Lutherans increased its stake in Norwegian Cruise Line by 1.1% during the third quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company’s stock worth $944,000 after acquiring an additional 509 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Norwegian Cruise Line by 0.3% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 316,457 shares of the company’s stock worth $6,491,000 after purchasing an additional 983 shares during the period. Townsquare Capital LLC boosted its holdings in shares of Norwegian Cruise Line by 45.1% in the 3rd quarter. Townsquare Capital LLC now owns 18,300 shares of the company’s stock worth $375,000 after purchasing an additional 5,687 shares during the period. Glenmede Trust Co. NA increased its position in shares of Norwegian Cruise Line by 8.7% during the 3rd quarter. Glenmede Trust Co. NA now owns 17,201 shares of the company’s stock valued at $353,000 after purchasing an additional 1,381 shares during the last quarter. Finally, CreativeOne Wealth LLC purchased a new stake in Norwegian Cruise Line during the 3rd quarter valued at $302,000. 69.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NCLH has been the subject of several recent analyst reports. BNP Paribas started coverage on shares of Norwegian Cruise Line in a research note on Thursday, March 27th. They set a “neutral” rating and a $21.00 price objective for the company. The Goldman Sachs Group set a $34.00 price target on shares of Norwegian Cruise Line in a report on Thursday, January 23rd. Macquarie raised their price objective on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an “outperform” rating in a research note on Thursday, March 6th. Barclays upgraded Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $28.00 to $32.00 in a research report on Friday, December 13th. Finally, Citigroup raised their price target on Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, February 28th. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Norwegian Cruise Line has an average rating of “Moderate Buy” and an average price target of $28.28.

Norwegian Cruise Line Stock Performance

Shares of NYSE:NCLH opened at $19.05 on Wednesday. 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 has a market capitalization of $8.38 billion, a price-to-earnings ratio of 17.48, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. The firm has a 50 day moving average of $23.55 and a 200 day moving average of $24.40. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.69 and a 52 week high of $29.29.

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.