Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. cut its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHFree Report) by 60.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 40,991 shares of the company’s stock after selling 63,609 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Norwegian Cruise Line were worth $1,056,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Stifel Financial Corp grew its holdings in Norwegian Cruise Line by 5.4% in the fourth quarter. Stifel Financial Corp now owns 384,316 shares of the company’s stock valued at $9,888,000 after purchasing an additional 19,818 shares during the period. TD Waterhouse Canada Inc. grew its stake in Norwegian Cruise Line by 0.3% in the 4th quarter. TD Waterhouse Canada Inc. now owns 513,040 shares of the company’s stock valued at $13,201,000 after acquiring an additional 1,482 shares during the period. Mesirow Institutional Investment Management Inc. acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at $2,872,000. MetLife Investment Management LLC increased its holdings in Norwegian Cruise Line by 1.6% in the 4th quarter. MetLife Investment Management LLC now owns 135,691 shares of the company’s stock worth $3,491,000 after acquiring an additional 2,085 shares in the last quarter. Finally, First Trust Advisors LP raised its position in Norwegian Cruise Line by 125.4% during the fourth quarter. First Trust Advisors LP now owns 889,194 shares of the company’s stock worth $22,879,000 after acquiring an additional 494,640 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Performance

Shares of NCLH opened at $17.24 on Monday. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The stock has a market capitalization of $7.58 billion, a PE ratio of 15.82, a PEG ratio of 0.24 and a beta of 2.27. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. The stock has a 50-day simple moving average of $19.36 and a 200-day simple moving average of $23.82.

Analyst Upgrades and Downgrades

NCLH has been the topic of several research analyst reports. JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 target price on the stock in a research report on Monday, March 17th. Bank of America cut their price objective on Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, March 7th. Citigroup lifted their price target on Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, February 28th. BNP Paribas began coverage on Norwegian Cruise Line in a research report on Thursday, March 27th. They set a “neutral” rating and a $21.00 price target for the company. Finally, Tigress Financial restated a “strong-buy” rating and issued a $36.00 price objective on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. Eight investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and an average target price of $26.63.

Check Out Our Latest Research Report on NCLH

Norwegian Cruise Line Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Norwegian Cruise Line (NYSE:NCLH)

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