86,459 Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Acquired by Aquatic Capital Management LLC

Aquatic Capital Management LLC bought a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the fourth quarter, Holdings Channel reports. The fund bought 86,459 shares of the company’s stock, valued at approximately $2,225,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Apollon Wealth Management LLC bought a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $272,000. Cookson Peirce & Co. Inc. bought a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $654,000. Jupiter Asset Management Ltd. increased its holdings in Norwegian Cruise Line by 365.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 2,168,658 shares of the company’s stock worth $55,800,000 after acquiring an additional 1,702,748 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Norwegian Cruise Line by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company’s stock worth $91,285,000 after acquiring an additional 47,507 shares during the period. Finally, Park Avenue Securities LLC bought a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $416,000. Institutional investors own 69.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on NCLH shares. Tigress Financial reissued a “strong-buy” rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. 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, March 17th. BNP Paribas started coverage on shares of Norwegian Cruise Line in a report on Thursday, March 27th. They issued a “neutral” rating and a $21.00 price target on the stock. Northcoast Research started coverage on shares of Norwegian Cruise Line in a report on Friday. They issued a “buy” rating and a $21.00 price target on the stock. Finally, Macquarie increased their price target on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an “outperform” rating in a report on Thursday, March 6th. Eight equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $26.63.

Norwegian Cruise Line Trading Up 1.3 %

Shares of NCLH opened at $17.45 on Tuesday. The stock has a market capitalization of $7.68 billion, a P/E ratio of 16.01, a PEG ratio of 0.24 and a beta of 2.27. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The firm has a fifty day simple moving average of $19.17 and a two-hundred day simple moving average of $23.78. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29.

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.