SBI Securities Co. Ltd. Invests $803,000 in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

SBI Securities Co. Ltd. acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,219 shares of the company’s stock, valued at approximately $803,000.

Several other large investors have also bought and sold shares of the stock. Avior Wealth Management LLC grew its position in shares of Norwegian Cruise Line by 34.1% in the 3rd quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock valued at $35,000 after buying an additional 429 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in Norwegian Cruise Line by 2.1% in the third quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the company’s stock valued at $509,000 after acquiring an additional 500 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in 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 acquiring an additional 509 shares during the last quarter. Mount Lucas Management LP raised its holdings in Norwegian Cruise Line by 2.4% during the 3rd quarter. Mount Lucas Management LP now owns 22,055 shares of the company’s stock worth $452,000 after purchasing an additional 516 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Norwegian Cruise Line by 1.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company’s stock worth $918,000 after purchasing an additional 521 shares during the period. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Trading Down 3.3 %

NYSE:NCLH opened at $21.97 on Tuesday. 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 has a market cap of $9.66 billion, a PE ratio of 20.16, a PEG ratio of 0.24 and a beta of 2.64. The firm has a 50-day moving average of $26.22 and a 200-day moving average of $24.07.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on NCLH shares. The Goldman Sachs Group set a $34.00 price objective on shares of Norwegian Cruise Line in a research report on Thursday, January 23rd. Wells Fargo & Company increased their price target on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday. UBS Group boosted their price objective on Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. StockNews.com upgraded Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Finally, Truist Financial lifted their target price on Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and a consensus target price of $29.31.

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.