Virtu Financial LLC Invests $1.82 Million in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Virtu Financial LLC acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the fourth quarter, Holdings Channel reports. The fund acquired 70,566 shares of the company’s stock, valued at approximately $1,816,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Sciencast Management LP bought a new position in shares of Norwegian Cruise Line during the 4th quarter worth about $823,000. Summit Global Investments acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter worth about $325,000. Semanteon Capital Management LP acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter worth about $780,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter worth about $1,119,000. Finally, OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter worth about $4,362,000. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Up 1.8 %

Shares of NCLH stock opened at $20.44 on Friday. The company has a 50 day moving average of $24.49 and a 200-day moving average of $24.27. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.69 and a 12-month high of $29.29. The firm has a market cap of $8.99 billion, a P/E ratio of 18.76, a PEG ratio of 0.24 and a beta of 2.62.

Wall Street Analysts Forecast Growth

NCLH has been the topic of a number of analyst reports. Citigroup upped their target price 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. Truist Financial upped their target price on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. Bank of America lowered 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 report on Friday, March 7th. Macquarie upped their target price 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. Finally, Wells Fargo & Company increased their price objective on shares of 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. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $28.94.

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.