Swiss National Bank Buys 27,600 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Swiss National Bank grew its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 3.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 864,800 shares of the company’s stock after acquiring an additional 27,600 shares during the quarter. Swiss National Bank owned about 0.20% of Norwegian Cruise Line worth $22,251,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NCLH. Apollon Wealth Management LLC acquired a new stake in Norwegian Cruise Line in the fourth quarter valued at approximately $272,000. Cookson Peirce & Co. Inc. acquired a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $654,000. Zacks Investment Management bought a new stake in Norwegian Cruise Line during the 3rd quarter worth approximately $3,821,000. Hodges Capital Management Inc. raised its stake in shares of Norwegian Cruise Line by 1.5% during the third quarter. Hodges Capital Management Inc. now owns 1,544,515 shares of the company’s stock valued at $31,678,000 after acquiring an additional 23,075 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Norwegian Cruise Line by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,500,309 shares of the company’s stock worth $71,791,000 after acquiring an additional 94,178 shares during the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Up 4.4 %

NYSE:NCLH opened at $20.03 on Tuesday. The company has a 50-day moving average price of $24.97 and a 200-day moving average price of $24.25. The stock has a market cap of $8.81 billion, a price-to-earnings ratio of 18.37, a P/E/G ratio of 0.24 and a beta of 2.62. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.69 and a 12 month high of $29.29.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NCLH. Macquarie lifted their price objective on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Tigress Financial reissued a “strong-buy” rating and set a $36.00 target price on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Bank of America decreased their price target on Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, March 7th. JPMorgan Chase & Co. raised shares of Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 price target on the stock in a report on Monday. Finally, The Goldman Sachs Group set a $34.00 price objective on shares of Norwegian Cruise Line in a report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $29.19.

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.