Ensign Peak Advisors Inc Sells 6,124 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Ensign Peak Advisors Inc decreased its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Get Rating) by 3.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 165,491 shares of the company’s stock after selling 6,124 shares during the period. Ensign Peak Advisors Inc’s holdings in Norwegian Cruise Line were worth $1,880,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in NCLH. Covestor Ltd increased its position in shares of Norwegian Cruise Line by 5,020.8% during the first quarter. Covestor Ltd now owns 1,229 shares of the company’s stock valued at $27,000 after acquiring an additional 1,205 shares in the last quarter. Truvestments Capital LLC bought a new stake in shares of Norwegian Cruise Line during the second quarter valued at approximately $28,000. Eisler Capital UK Ltd. bought a new stake in shares of Norwegian Cruise Line during the third quarter valued at approximately $30,000. Wipfli Financial Advisors LLC bought a new stake in shares of Norwegian Cruise Line during the third quarter valued at approximately $31,000. Finally, PSI Advisors LLC increased its position in shares of Norwegian Cruise Line by 62.7% during the third quarter. PSI Advisors LLC now owns 3,375 shares of the company’s stock valued at $38,000 after acquiring an additional 1,300 shares in the last quarter. Institutional investors own 57.17% of the company’s stock.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH opened at $14.38 on Friday. The company has a debt-to-equity ratio of 32.25, a quick ratio of 0.43 and a current ratio of 0.46. The company has a market cap of $6.07 billion, a P/E ratio of -2.66 and a beta of 2.51. The firm’s fifty day moving average is $15.58 and its two-hundred day moving average is $15.02. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $10.31 and a 52-week high of $23.43.

Wall Street Analysts Forecast Growth

NCLH has been the subject of several analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating and set a $30.00 price target (down previously from $35.00) on shares of Norwegian Cruise Line in a research report on Tuesday, December 6th. Citigroup dropped their target price on shares of Norwegian Cruise Line from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Thursday, March 2nd. Barclays dropped their price target on shares of Norwegian Cruise Line from $15.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 1st. Morgan Stanley cut shares of Norwegian Cruise Line from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $13.00 to $11.50 in a research note on Tuesday, January 10th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Norwegian Cruise Line from $16.00 to $14.00 and set a “hold” rating on the stock in a research note on Friday, November 11th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $18.04.

Norwegian Cruise Line Company Profile

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Norwegian Cruise Line Holdings Ltd. engages in the provision of cruise travel services. It provides cruise experiences for travelers with itineraries in Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii. It also offers an entirely inter-island itinerary in Hawaii.