Semanteon Capital Management LP Makes New Investment in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Semanteon Capital Management LP bought a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 30,296 shares of the company’s stock, valued at approximately $780,000.

A number of other large investors have also bought and sold shares of NCLH. Prestige Wealth Management Group LLC grew its position in shares of Norwegian Cruise Line by 192.3% in the third quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock valued at $25,000 after purchasing an additional 800 shares in the last quarter. Hopwood Financial Services Inc. purchased a new position in shares of Norwegian Cruise Line in the fourth quarter valued at $26,000. Stonebridge Financial Group LLC purchased a new position in shares of Norwegian Cruise Line in the fourth quarter valued at $27,000. Kestra Investment Management LLC purchased a new position in shares of Norwegian Cruise Line in the fourth quarter valued at $27,000. Finally, Rakuten Securities Inc. grew its position in shares of Norwegian Cruise Line by 176.0% in the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company’s stock valued at $30,000 after purchasing an additional 739 shares in the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Citigroup lifted their price target on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Friday, February 28th. JPMorgan Chase & Co. raised Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 price objective for the company in a research note on Monday, March 17th. Bank of America dropped their price objective on Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, March 7th. Truist Financial lifted their price objective on Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Finally, The Goldman Sachs Group set a $34.00 price objective on Norwegian Cruise Line in a research note on Thursday, January 23rd. Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $28.94.

Norwegian Cruise Line Trading Up 1.8 %

NYSE NCLH opened at $20.44 on Friday. The firm has a market cap of $8.99 billion, a PE ratio of 18.76, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.69 and a 1-year high of $29.29. The stock has a 50-day moving average of $24.49 and a 200-day moving average of $24.22. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35.

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.