Avantax Advisory Services Inc. Has $1.05 Million Stock Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Avantax Advisory Services Inc. trimmed its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 14.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 40,624 shares of the company’s stock after selling 7,109 shares during the period. Avantax Advisory Services Inc.’s holdings in Norwegian Cruise Line were worth $1,045,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in NCLH. Atria Investments Inc raised its position in shares of Norwegian Cruise Line by 15.2% during the third quarter. Atria Investments Inc now owns 22,113 shares of the company’s stock worth $454,000 after acquiring an additional 2,910 shares during the last quarter. GSA Capital Partners LLP raised its position in shares of Norwegian Cruise Line by 72.5% during the third quarter. GSA Capital Partners LLP now owns 18,662 shares of the company’s stock worth $383,000 after acquiring an additional 7,846 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Norwegian Cruise Line by 1.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company’s stock worth $918,000 after acquiring an additional 521 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of Norwegian Cruise Line during the third quarter worth about $212,000. Finally, KBC Group NV raised its position in shares of Norwegian Cruise Line by 15.0% during the third quarter. KBC Group NV now owns 11,946 shares of the company’s stock worth $245,000 after acquiring an additional 1,559 shares during the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NCLH has been the subject of a number of analyst reports. Barclays upgraded Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $28.00 to $32.00 in a research report on Friday, December 13th. Loop Capital assumed coverage on Norwegian Cruise Line in a research report on Tuesday, February 4th. They set a “hold” rating and a $26.00 price objective for the company. Macquarie lifted their target price on Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an “outperform” rating in a report on Thursday, March 6th. Wells Fargo & Company lifted their target price on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. Finally, The Goldman Sachs Group set a $34.00 target price on Norwegian Cruise Line in a report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $29.19.

Norwegian Cruise Line Trading Up 4.1 %

NYSE NCLH opened at $19.85 on Thursday. The company has a market cap of $8.73 billion, a price-to-earnings ratio of 18.21, a P/E/G ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.69 and a 52 week high of $29.29. The business has a 50 day moving average price of $24.72 and a 200-day moving average price of $24.23. 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 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.