Banco Santander S.A. Invests $219,000 in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Banco Santander S.A. bought a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 8,500 shares of the company’s stock, valued at approximately $219,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in NCLH. Apollon Wealth Management LLC acquired a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $272,000. Cookson Peirce & Co. Inc. acquired a new stake in Norwegian Cruise Line in the fourth quarter valued at $654,000. Zacks Investment Management purchased a new stake in shares of Norwegian Cruise Line during the 3rd quarter worth approximately $3,821,000. Hodges Capital Management Inc. increased its stake in 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 purchasing an additional 23,075 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Norwegian Cruise Line by 2.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,500,309 shares of the company’s stock valued at $71,791,000 after buying an additional 94,178 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on NCLH shares. Truist Financial boosted their price target on Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Tigress Financial raised their price objective on Norwegian Cruise Line from $32.00 to $36.00 and gave the company a “strong-buy” rating in a research report on Monday, November 11th. Loop Capital started coverage on Norwegian Cruise Line in a research report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 target price for the company. Citigroup raised their target price on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a “buy” rating in a report on Friday, February 28th. Finally, 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 report on Friday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Norwegian Cruise Line has an average rating of “Moderate Buy” and an average target price of $29.19.

Norwegian Cruise Line Trading Down 6.7 %

NYSE:NCLH opened at $18.72 on Tuesday. The company has a market cap of $8.23 billion, a PE ratio of 17.17, a P/E/G ratio of 0.24 and a beta of 2.62. The business’s 50 day moving average is $25.62 and its two-hundred day moving average is $24.21. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.69 and a 52 week high of $29.29.

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.