Smartleaf Asset Management LLC Sells 1,300 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Smartleaf Asset Management LLC lessened its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 14.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,744 shares of the company’s stock after selling 1,300 shares during the period. Smartleaf Asset Management LLC’s holdings in Norwegian Cruise Line were worth $199,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. State Street Corp grew its stake in Norwegian Cruise Line by 4.3% in the 3rd quarter. State Street Corp now owns 15,241,984 shares of the company’s stock valued at $312,613,000 after buying an additional 621,793 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Norwegian Cruise Line by 2.6% during the third quarter. Geode Capital Management LLC now owns 10,522,834 shares of the company’s stock valued at $215,481,000 after acquiring an additional 261,925 shares during the period. Baillie Gifford & Co. acquired a new stake in shares of Norwegian Cruise Line in the third quarter valued at about $179,146,000. Two Sigma Advisers LP increased its stake in shares of Norwegian Cruise Line by 864.9% in the third quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company’s stock worth $79,263,000 after purchasing an additional 3,464,100 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of 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 worth $71,791,000 after purchasing an additional 94,178 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Price Performance

Shares of NCLH stock opened at $21.32 on Thursday. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The stock’s fifty day simple moving average is $26.01 and its 200 day simple moving average is $24.08. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $29.29. The firm has a market cap of $9.38 billion, a price-to-earnings ratio of 19.56, a P/E/G ratio of 0.24 and a beta of 2.62.

Wall Street Analyst Weigh In

A number of analysts have issued reports on NCLH shares. Bank of America raised their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, November 13th. Barclays raised shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $28.00 to $32.00 in a research report on Friday, December 13th. Tigress Financial increased their price target on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the company a “strong-buy” rating in a report on Monday, November 11th. Wells Fargo & Company boosted their price objective on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. Finally, Macquarie reiterated an “outperform” rating and issued a $30.00 target price on shares of Norwegian Cruise Line in a research note on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and an average price target of $29.31.

Norwegian Cruise Line 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.