Atria Wealth Solutions Inc. Invests $797,000 in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Atria Wealth Solutions Inc. purchased a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 30,993 shares of the company’s stock, valued at approximately $797,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Baillie Gifford & Co. bought a new stake in shares of Norwegian Cruise Line during the 3rd quarter valued at $179,146,000. Two Sigma Advisers LP raised its position in shares of 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 valued at $79,263,000 after purchasing an additional 3,464,100 shares during the period. Wedge Capital Management L L P NC bought a new stake in shares of Norwegian Cruise Line during the 4th quarter valued at $43,956,000. ING Groep NV raised its position in shares of Norwegian Cruise Line by 1,340.3% during the 3rd quarter. ING Groep NV now owns 831,505 shares of the company’s stock valued at $17,054,000 after purchasing an additional 773,772 shares during the period. Finally, State Street Corp raised its position in shares of Norwegian Cruise Line by 4.3% during the 3rd quarter. State Street Corp now owns 15,241,984 shares of the company’s stock valued at $312,613,000 after purchasing an additional 621,793 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Performance

Norwegian Cruise Line stock opened at $24.63 on Wednesday. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.69 and a twelve month high of $29.29. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The company’s 50-day moving average price is $26.42 and its 200-day moving average price is $23.85. The company has a market cap of $10.83 billion, a PE ratio of 22.60, a price-to-earnings-growth ratio of 0.24 and a beta of 2.64.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on NCLH. UBS Group raised their price objective on shares of Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Barclays upgraded shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $28.00 to $32.00 in a report on Friday, December 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Norwegian Cruise Line from $21.00 to $24.00 and gave the company a “hold” rating in a report on Friday, November 1st. Mizuho lifted their price target on shares of Norwegian Cruise Line from $26.00 to $28.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Finally, Loop Capital started coverage on shares of Norwegian Cruise Line in a report on Tuesday, February 4th. They issued 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 given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and a consensus target price of $29.00.

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.