Cookson Peirce & Co. Inc. Takes Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Cookson Peirce & Co. Inc. bought a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 4th quarter, HoldingsChannel.com reports. The fund bought 25,401 shares of the company’s stock, valued at approximately $654,000.

Several other institutional investors have also recently modified their holdings of the company. Apollon Wealth Management LLC acquired a new stake in Norwegian Cruise Line during the 4th quarter valued at approximately $272,000. Zacks Investment Management purchased a new position in shares of Norwegian Cruise Line during the third quarter worth $3,821,000. Hodges Capital Management Inc. lifted its position in Norwegian Cruise Line by 1.5% during the third quarter. Hodges Capital Management Inc. now owns 1,544,515 shares of the company’s stock valued at $31,678,000 after purchasing an additional 23,075 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Norwegian Cruise Line by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,500,309 shares of the company’s stock valued at $71,791,000 after purchasing an additional 94,178 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd grew its position in Norwegian Cruise Line by 1,104.7% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 178,603 shares of the company’s stock worth $3,663,000 after purchasing an additional 163,777 shares during the period. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. UBS Group upped their target price on Norwegian Cruise Line from $19.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. upped their price objective on Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 17th. The Goldman Sachs Group set a $34.00 target price on shares of Norwegian Cruise Line in a report on Thursday, January 23rd. Morgan Stanley increased their price target on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a report on Tuesday, November 12th. Finally, 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 price target on the stock. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and an average target price of $29.31.

Norwegian Cruise Line Stock Up 0.9 %

Shares of NCLH opened at $21.32 on Thursday. The stock has a 50 day moving average price of $26.01 and a 200 day moving average price of $24.08. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. The stock has a market capitalization of $9.38 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $29.29.

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.