US Bancorp DE Purchases 8,504 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

US Bancorp DE increased its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 70.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,528 shares of the company’s stock after acquiring an additional 8,504 shares during the quarter. US Bancorp DE’s holdings in Norwegian Cruise Line were worth $528,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of NCLH. Two Sigma Advisers LP boosted its stake 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 acquiring an additional 3,464,100 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $52,660,000. Wedge Capital Management L L P NC acquired a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $43,956,000. ING Groep NV raised its holdings in Norwegian Cruise Line by 1,340.3% during the 3rd quarter. ING Groep NV now owns 831,505 shares of the company’s stock worth $17,054,000 after buying an additional 773,772 shares during the period. Finally, State Street Corp raised its holdings in Norwegian Cruise Line by 4.3% during the 3rd quarter. State Street Corp now owns 15,241,984 shares of the company’s stock worth $312,613,000 after buying an additional 621,793 shares during the period. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Price Performance

NYSE:NCLH opened at $19.00 on Thursday. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.69 and a 1-year high of $29.29. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The firm has a fifty day simple moving average of $25.35 and a 200 day simple moving average of $24.18. The stock has a market capitalization of $8.36 billion, a PE ratio of 17.43, a P/E/G ratio of 0.24 and a beta of 2.62.

Analyst Ratings Changes

Several analysts have commented on the stock. The Goldman Sachs Group set a $34.00 target price on shares of Norwegian Cruise Line in a report on Thursday, January 23rd. Wells Fargo & Company raised their target price on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. Macquarie raised 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. JPMorgan Chase & Co. raised their target price on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a “neutral” rating in a report on Tuesday, December 17th. Finally, Citigroup raised 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. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and an average target price of $29.19.

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.