Atlas Capital Advisors Inc. Acquires Shares of 10,812 Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Atlas Capital Advisors Inc. bought a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 10,812 shares of the company’s stock, valued at approximately $278,000.

Several other large investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Norwegian Cruise Line in the 4th quarter worth about $113,156,000. Two Sigma Advisers LP raised its position in 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 in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Norwegian Cruise Line by 2,064.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,214,989 shares of the company’s stock worth $56,992,000 after buying an additional 2,112,667 shares during the period. Los Angeles Capital Management LLC bought a new position in shares of Norwegian Cruise Line during the 4th quarter worth $52,660,000. Finally, Wedge Capital Management L L P NC purchased a new position in shares of Norwegian Cruise Line during the fourth quarter valued at $43,956,000. 69.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on NCLH shares. Loop Capital started coverage on shares of Norwegian Cruise Line in a report on Tuesday, February 4th. They set a “hold” rating and a $26.00 target price on the stock. BNP Paribas started coverage on shares of Norwegian Cruise Line in a research note on Thursday, March 27th. They set a “neutral” rating and a $21.00 price objective on the stock. Morgan Stanley raised shares of Norwegian Cruise Line from an “underweight” rating to an “equal weight” rating and reduced their price objective for the stock from $27.00 to $22.00 in a research note on Friday, March 21st. The Goldman Sachs Group set a $34.00 target price on Norwegian Cruise Line in a research report on Thursday, January 23rd. Finally, Tigress Financial reissued a “strong-buy” rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Nine equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Norwegian Cruise Line has an average rating of “Moderate Buy” and a consensus price target of $28.28.

Norwegian Cruise Line Trading Down 3.9 %

Norwegian Cruise Line stock opened at $15.67 on Friday. The stock has a 50-day moving average price of $23.01 and a 200 day moving average price of $24.28. The company has a market capitalization of $6.89 billion, a price-to-earnings ratio of 14.38, a price-to-earnings-growth ratio of 0.24 and a beta of 2.27. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.50 and a 52 week 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.

Norwegian Cruise Line Company 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.