Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Acquired by Synovus Financial Corp

Synovus Financial Corp raised its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 1.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 89,066 shares of the company’s stock after acquiring an additional 858 shares during the quarter. Synovus Financial Corp’s holdings in Norwegian Cruise Line were worth $2,292,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Norwegian Cruise Line by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 53,307,282 shares of the company’s stock valued at $1,371,596,000 after acquiring an additional 277,360 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Norwegian Cruise Line by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 10,793,268 shares of the company’s stock worth $277,399,000 after purchasing an additional 270,434 shares during the period. Renaissance Technologies LLC increased its stake in Norwegian Cruise Line by 113.1% during the 4th quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company’s stock valued at $143,502,000 after buying an additional 2,959,631 shares during the period. Norges Bank acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter worth approximately $113,156,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Norwegian Cruise Line by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company’s stock valued at $91,285,000 after acquiring an additional 47,507 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Up 0.1 %

Shares of NYSE:NCLH opened at $16.34 on Tuesday. The firm has a fifty day moving average of $21.18 and a two-hundred day moving average of $24.09. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The firm has a market capitalization of $7.19 billion, a P/E ratio of 14.99, a price-to-earnings-growth ratio of 0.24 and a beta of 2.27.

Analyst Upgrades and Downgrades

NCLH has been the subject of a number of research analyst reports. Macquarie upped their target price on Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. Morgan Stanley dropped their price target on shares of Norwegian Cruise Line from $22.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 10th. Loop Capital initiated coverage on shares of Norwegian Cruise Line in a report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 target price on the stock. Wells Fargo & Company lifted their price target on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday, February 28th. Finally, The Goldman Sachs Group set a $34.00 target price on Norwegian Cruise Line in a research report on Thursday, January 23rd. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average 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.