Daiwa Securities Group Inc. Has $3.63 Million Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Daiwa Securities Group Inc. raised its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 122.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 141,232 shares of the company’s stock after acquiring an additional 77,633 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Norwegian Cruise Line were worth $3,634,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in NCLH. Kestra Investment Management LLC bought a new position in shares of Norwegian Cruise Line during the 4th quarter valued at $27,000. Stonebridge Financial Group LLC acquired a new position in Norwegian Cruise Line during the fourth quarter worth $27,000. R Squared Ltd bought a new position in Norwegian Cruise Line during the fourth quarter valued at about $31,000. Prestige Wealth Management Group LLC lifted its position in shares of Norwegian Cruise Line by 192.3% in the third quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock worth $25,000 after buying an additional 800 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its position in shares of Norwegian Cruise Line by 238.5% in the fourth quarter. Venturi Wealth Management LLC now owns 1,249 shares of the company’s stock worth $32,000 after buying an additional 880 shares during the last quarter. 69.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on NCLH shares. Wells Fargo & Company raised their price objective on Norwegian Cruise Line from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. JPMorgan Chase & Co. lifted their price target on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a research report on Tuesday, December 17th. Citigroup upped their price objective on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, February 28th. The Goldman Sachs Group set a $34.00 target price on shares of Norwegian Cruise Line in a report on Thursday, January 23rd. Finally, Macquarie boosted their target price on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $29.19.

Norwegian Cruise Line Stock Down 2.6 %

NCLH stock opened at $18.52 on Friday. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.69 and a twelve month high of $29.29. 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 company has a market cap of $8.15 billion, a PE ratio of 16.99, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. The business’s 50-day simple moving average is $25.20 and its 200 day simple moving average is $24.14.

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.