Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) have received a consensus rating of “Moderate Buy” from the twenty-three research firms that are covering the stock, Marketbeat reports. Twelve analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $26.3158.

A number of brokerages have recently commented on NCLH. TD Cowen reaffirmed a “buy” rating on shares of Norwegian Cruise Line in a report on Tuesday, January 13th. UBS Group reissued a “neutral” rating on shares of Norwegian Cruise Line in a research report on Wednesday, January 21st. Stifel Nicolaus dropped their price objective on shares of Norwegian Cruise Line from $32.00 to $31.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $20.00 target price (down from $28.00) on shares of Norwegian Cruise Line in a report on Friday, February 13th. Finally, Morgan Stanley lowered their price target on Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, November 10th.

Norwegian Cruise Line Stock Down 3.5%

Shares of NYSE NCLH opened at $23.45 on Tuesday. The business has a 50-day moving average price of $22.67 and a 200 day moving average price of $22.57. The stock has a market cap of $10.68 billion, a PE ratio of 17.24, a price-to-earnings-growth ratio of 0.64 and a beta of 2.06. The company has a quick ratio of 0.17, a current ratio of 0.19 and a debt-to-equity ratio of 6.22. Norwegian Cruise Line has a 52-week low of $14.21 and a 52-week high of $27.18.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC lifted its holdings in shares of Norwegian Cruise Line by 1,505.9% during the fourth quarter. AQR Capital Management LLC now owns 6,793,256 shares of the company’s stock worth $151,625,000 after purchasing an additional 6,370,241 shares during the period. Capital International Investors raised its position in Norwegian Cruise Line by 7.1% during the 4th quarter. Capital International Investors now owns 56,177,669 shares of the company’s stock worth $1,253,886,000 after buying an additional 3,728,929 shares during the last quarter. Ariel Investments LLC lifted its stake in shares of Norwegian Cruise Line by 36.2% in the 2nd quarter. Ariel Investments LLC now owns 12,369,377 shares of the company’s stock worth $250,851,000 after acquiring an additional 3,288,207 shares during the period. Freestone Grove Partners LP lifted its stake in shares of Norwegian Cruise Line by 338.8% in the 3rd quarter. Freestone Grove Partners LP now owns 3,690,333 shares of the company’s stock worth $90,893,000 after acquiring an additional 2,849,349 shares during the period. Finally, Morgan Stanley boosted its holdings in shares of Norwegian Cruise Line by 43.6% in the fourth quarter. Morgan Stanley now owns 8,520,548 shares of the company’s stock valued at $190,179,000 after acquiring an additional 2,586,395 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.