Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by South Dakota Investment Council

South Dakota Investment Council lowered its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 35.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 259,145 shares of the company’s stock after selling 139,540 shares during the quarter. South Dakota Investment Council’s holdings in Norwegian Cruise Line were worth $6,668,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Prestige Wealth Management Group LLC increased its holdings in shares of Norwegian Cruise Line by 192.3% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock valued at $25,000 after acquiring an additional 800 shares during the last quarter. Stonebridge Financial Group LLC purchased a new position in shares of Norwegian Cruise Line in the 4th quarter valued at about $27,000. Kestra Investment Management LLC purchased a new position in shares of Norwegian Cruise Line in the 4th quarter valued at about $27,000. R Squared Ltd purchased a new position in shares of Norwegian Cruise Line in the 4th quarter valued at about $31,000. Finally, Venturi Wealth Management LLC increased its holdings in shares of Norwegian Cruise Line by 238.5% in the 4th quarter. Venturi Wealth Management LLC now owns 1,249 shares of the company’s stock valued at $32,000 after acquiring an additional 880 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analyst Upgrades and Downgrades

NCLH has been the topic of a number of research reports. Barclays upgraded Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $28.00 to $32.00 in a research note on Friday, December 13th. Mizuho raised their price target on Norwegian Cruise Line from $26.00 to $28.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Morgan Stanley raised their price target on Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a research note on Tuesday, November 12th. StockNews.com raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. Finally, UBS Group raised their price target on Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, eight have issued 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $29.00.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH opened at $24.09 on Friday. The company has a market cap of $10.59 billion, a P/E ratio of 22.10, a P/E/G ratio of 0.24 and a beta of 2.64. 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. The business has a fifty day simple moving average of $26.49 and a 200-day simple moving average of $23.66.

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.