Victory Capital Management Inc. Lowers Stock Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Victory Capital Management Inc. lessened its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 26.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,307,459 shares of the company’s stock after selling 478,267 shares during the quarter. Victory Capital Management Inc. owned 0.30% of Norwegian Cruise Line worth $33,641,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Avior Wealth Management LLC boosted its stake in Norwegian Cruise Line by 34.1% during the third quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock worth $35,000 after buying an additional 429 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of Norwegian Cruise Line by 1.1% in the third quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company’s stock valued at $944,000 after purchasing an additional 509 shares during the period. Mount Lucas Management LP boosted its stake in shares of Norwegian Cruise Line by 2.4% in the third quarter. Mount Lucas Management LP now owns 22,055 shares of the company’s stock valued at $452,000 after purchasing an additional 516 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Norwegian Cruise Line by 1.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company’s stock valued at $918,000 after purchasing an additional 521 shares during the period. Finally, Vinva Investment Management Ltd boosted its stake in shares of Norwegian Cruise Line by 3.6% in the third quarter. Vinva Investment Management Ltd now owns 15,085 shares of the company’s stock valued at $309,000 after purchasing an additional 528 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Up 0.3 %

NCLH stock opened at $20.05 on Monday. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.69 and a twelve month high of $29.29. The company’s 50 day moving average is $25.77 and its two-hundred day moving average is $24.19. The stock has a market cap of $8.82 billion, a P/E ratio of 18.40, a PEG ratio of 0.24 and a beta of 2.62.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on NCLH shares. 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 note on Tuesday, November 12th. Truist Financial raised their price objective 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. Bank of America lowered their price objective on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday. Wells Fargo & Company raised their target price on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an “equal weight” rating in a report on Friday, February 28th. Finally, Macquarie raised their target price on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the company an “outperform” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and a consensus price target of $29.19.

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.