Candriam S.C.A. Buys Shares of 14,217 Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Candriam S.C.A. bought a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 4th quarter, HoldingsChannel reports. The fund bought 14,217 shares of the company’s stock, valued at approximately $366,000.

Several other hedge funds have also recently bought and sold shares of the company. State Street Corp grew its holdings in shares of Norwegian Cruise Line by 4.3% during the 3rd quarter. State Street Corp now owns 15,241,984 shares of the company’s stock valued at $312,613,000 after purchasing an additional 621,793 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Norwegian Cruise Line by 2.6% during the 3rd quarter. Geode Capital Management LLC now owns 10,522,834 shares of the company’s stock valued at $215,481,000 after purchasing an additional 261,925 shares during the last quarter. Baillie Gifford & Co. bought a new stake in shares of Norwegian Cruise Line during the 3rd quarter valued at approximately $179,146,000. Two Sigma Advisers LP boosted its position in Norwegian Cruise Line by 864.9% during the 3rd quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company’s stock worth $79,263,000 after buying an additional 3,464,100 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position 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 buying an additional 47,507 shares during the period. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Stock Down 6.7 %

Norwegian Cruise Line stock opened at $18.72 on Tuesday. 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 $14.69 and a 12-month high of $29.29. The firm’s fifty day moving average is $25.62 and its 200 day moving average is $24.21. The company has a market capitalization of $8.23 billion, a PE ratio of 17.17, a PEG ratio of 0.24 and a beta of 2.62.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Citigroup lifted their target price on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, February 28th. Loop Capital assumed coverage on shares of Norwegian Cruise Line in a research report on Tuesday, February 4th. They set a “hold” rating and a $26.00 target price on the stock. Bank of America cut their target price on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday. JPMorgan Chase & Co. lifted their target price on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 17th. Finally, The Goldman Sachs Group set a $34.00 target price on shares of Norwegian Cruise Line in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.19.

Norwegian Cruise Line Company 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.