Cerity Partners LLC Sells 5,426 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Cerity Partners LLC reduced its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 3.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 161,768 shares of the company’s stock after selling 5,426 shares during the period. Cerity Partners LLC’s holdings in Norwegian Cruise Line were worth $4,008,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Quadrant Capital Group LLC grew its holdings in Norwegian Cruise Line by 35.0% during the fourth quarter. Quadrant Capital Group LLC now owns 2,524 shares of the company’s stock worth $65,000 after buying an additional 654 shares in the last quarter. Rakuten Securities Inc. grew its stake in shares of Norwegian Cruise Line by 176.0% in the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company’s stock worth $30,000 after acquiring an additional 739 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Norwegian Cruise Line by 29.3% in the fourth quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company’s stock valued at $86,000 after purchasing an additional 754 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in shares of Norwegian Cruise Line by 12.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 6,995 shares of the company’s stock valued at $180,000 after purchasing an additional 760 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its holdings in Norwegian Cruise Line by 5.4% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 15,395 shares of the company’s stock worth $396,000 after purchasing an additional 784 shares during the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Trading Down 2.2 %

Shares of NCLH opened at $16.33 on Monday. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The stock has a market cap of $7.18 billion, a PE ratio of 14.98, a P/E/G 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 business’s 50-day moving average price is $21.42 and its 200-day moving average price is $24.12.

Analyst Upgrades and Downgrades

NCLH has been the subject of several analyst reports. Citigroup increased their price objective on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, February 28th. Morgan Stanley dropped their price target on Norwegian Cruise Line from $22.00 to $21.00 and set an “equal weight” rating on the stock in a report on Thursday. Macquarie upped their price objective on Norwegian Cruise Line from $30.00 to $31.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. upgraded Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 target price on the stock in a research note on Monday, March 17th. Finally, Loop Capital began coverage on shares of Norwegian Cruise Line in a research report on Tuesday, February 4th. They set a “hold” rating and a $26.00 price target for the company. Nine investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Norwegian Cruise Line currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.22.

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.