United Services Automobile Association Invests $259,000 in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

United Services Automobile Association bought a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 10,084 shares of the company’s stock, valued at approximately $259,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Avior Wealth Management LLC increased its position in Norwegian Cruise Line by 34.1% during the third quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock worth $35,000 after acquiring an additional 429 shares during the period. Thrivent Financial for Lutherans increased its holdings in shares of Norwegian Cruise Line by 1.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company’s stock worth $944,000 after purchasing an additional 509 shares during the period. Vinva Investment Management Ltd increased its holdings in shares of Norwegian Cruise Line by 3.6% during the 3rd quarter. Vinva Investment Management Ltd now owns 15,085 shares of the company’s stock worth $309,000 after purchasing an additional 528 shares during the period. Rakuten Securities Inc. grew its position in Norwegian Cruise Line by 176.0% during the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company’s stock worth $30,000 after buying an additional 739 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in Norwegian Cruise Line by 29.3% during the fourth quarter. Farther Finance Advisors LLC now owns 3,327 shares of the company’s stock worth $86,000 after buying an additional 754 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Trading Up 1.6 %

Shares of NYSE NCLH opened at $20.73 on Tuesday. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.69 and a 1-year high of $29.29. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The company has a 50-day moving average of $24.39 and a two-hundred day moving average of $24.34. The company has a market cap of $9.12 billion, a PE ratio of 19.01, a P/E/G ratio of 0.24 and a beta of 2.62.

Analyst Upgrades and Downgrades

A number of analysts have commented on NCLH shares. Bank of America reduced their price objective on Norwegian Cruise Line from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, March 7th. The Goldman Sachs Group set a $34.00 price target on shares of Norwegian Cruise Line in a report on Thursday, January 23rd. Barclays upgraded shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $28.00 to $32.00 in a research report on Friday, December 13th. Macquarie increased their price target on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. Finally, JPMorgan Chase & Co. raised Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 price objective on the stock in a report on Monday, March 17th. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $28.94.

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.