CreativeOne Wealth LLC Buys 15,205 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

CreativeOne Wealth LLC grew its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 103.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 29,920 shares of the company’s stock after buying an additional 15,205 shares during the period. CreativeOne Wealth LLC’s holdings in Norwegian Cruise Line were worth $770,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Norges Bank acquired a new position in Norwegian Cruise Line in the 4th quarter valued at approximately $113,156,000. Renaissance Technologies LLC raised its stake in shares of Norwegian Cruise Line by 113.1% in the fourth quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company’s stock valued at $143,502,000 after purchasing an additional 2,959,631 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Norwegian Cruise Line by 2,064.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,214,989 shares of the company’s stock worth $56,992,000 after purchasing an additional 2,112,667 shares during the period. Los Angeles Capital Management LLC acquired a new stake in Norwegian Cruise Line during the fourth quarter worth $52,660,000. Finally, Wedge Capital Management L L P NC acquired a new stake in Norwegian Cruise Line during the fourth quarter worth $43,956,000. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Up 1.8 %

Shares of NYSE NCLH opened at $16.39 on Friday. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. The company has a 50-day moving average of $20.52 and a two-hundred day moving average of $23.95. The company has a market cap of $7.21 billion, a PE ratio of 15.03, a P/E/G ratio of 0.24 and a beta of 2.27. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35.

Analysts Set New Price Targets

NCLH has been the subject of a number of analyst reports. Citigroup raised their price objective on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, February 28th. BNP Paribas assumed 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 target for the company. JPMorgan Chase & Co. upgraded Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 price objective on the stock in a research note on Monday, March 17th. Stifel Nicolaus dropped their target price on Norwegian Cruise Line from $36.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Macquarie boosted their price target on Norwegian Cruise Line from $30.00 to $31.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. Nine investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and an average target price of $28.28.

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.