Zurcher Kantonalbank Zurich Cantonalbank Has $3.01 Million Stock Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 19.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 116,834 shares of the company’s stock after purchasing an additional 19,413 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Norwegian Cruise Line were worth $3,006,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Avior Wealth Management LLC lifted its position in shares of Norwegian Cruise Line by 34.1% during the 3rd quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock worth $35,000 after purchasing an additional 429 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Norwegian Cruise Line by 1.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company’s stock worth $944,000 after purchasing an additional 509 shares during the last quarter. Mount Lucas Management LP lifted its position in shares of 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. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Norwegian Cruise Line by 1.2% during 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 last quarter. Finally, Vinva Investment Management Ltd lifted its position in shares of Norwegian Cruise Line by 3.6% during the 3rd quarter. Vinva Investment Management Ltd now owns 15,085 shares of the company’s stock worth $309,000 after purchasing an additional 528 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NCLH shares. Truist Financial boosted their price objective on Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Tigress Financial restated a “strong-buy” rating and set a $36.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. The Goldman Sachs Group set a $34.00 price target on Norwegian Cruise Line in a research note on Thursday, January 23rd. Citigroup boosted their price target on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, February 28th. Finally, Bank of America lowered their price target on Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Friday, March 7th. One 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and a consensus price target of $29.19.

Norwegian Cruise Line Stock Up 3.7 %

NYSE NCLH opened at $19.21 on Friday. The firm has a market cap of $8.45 billion, a PE ratio of 17.62, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $29.29. The stock’s 50 day simple moving average is $25.08 and its 200 day simple moving average is $24.20. 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 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.