Hopwood Financial Services Inc. Takes $26,000 Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Hopwood Financial Services Inc. acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,000 shares of the company’s stock, valued at approximately $26,000.

Several other hedge funds and other institutional investors have also made changes to their positions in NCLH. Two Sigma Advisers LP boosted its stake in shares of Norwegian Cruise Line by 864.9% in the 3rd quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company’s stock valued at $79,263,000 after buying an additional 3,464,100 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of Norwegian Cruise Line in the 4th quarter valued at about $52,660,000. Wedge Capital Management L L P NC purchased a new position in shares of Norwegian Cruise Line in the 4th quarter valued at about $43,956,000. ING Groep NV boosted its stake in shares of Norwegian Cruise Line by 1,340.3% in the 3rd quarter. ING Groep NV now owns 831,505 shares of the company’s stock valued at $17,054,000 after buying an additional 773,772 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Norwegian Cruise Line in the 4th quarter valued at about $19,064,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on NCLH shares. Citigroup lifted their price objective on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, February 28th. Loop Capital started coverage on shares of Norwegian Cruise Line in a research note on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective 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. Wells Fargo & Company upped their target price on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an “equal weight” rating in a report on Friday, February 28th. Finally, Truist Financial upped their target price on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a report on Monday, December 2nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $29.19.

Norwegian Cruise Line Stock Up 1.2 %

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

About Norwegian Cruise Line

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.