Commonwealth of Pennsylvania Public School Empls Retrmt SYS Cuts Holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 2.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 93,495 shares of the company’s stock after selling 2,221 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Norwegian Cruise Line were worth $2,406,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. State Street Corp grew its holdings in shares of Norwegian Cruise Line by 4.3% in the third quarter. State Street Corp now owns 15,241,984 shares of the company’s stock valued at $312,613,000 after acquiring an additional 621,793 shares in the last quarter. Geode Capital Management LLC grew its stake in Norwegian Cruise Line by 2.6% in the 3rd quarter. Geode Capital Management LLC now owns 10,522,834 shares of the company’s stock valued at $215,481,000 after purchasing an additional 261,925 shares during the period. Two Sigma Advisers LP increased 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 last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Norwegian Cruise Line by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company’s stock worth $91,285,000 after purchasing an additional 47,507 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Norwegian Cruise Line by 3.7% in the 4th quarter. Bank of New York Mellon Corp now owns 2,533,849 shares of the company’s stock worth $65,196,000 after buying an additional 91,377 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on NCLH shares. Truist Financial lifted their price objective on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Loop Capital initiated coverage on Norwegian Cruise Line in a research note on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price objective on the stock. Barclays raised Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $28.00 to $32.00 in a research report on Friday, December 13th. Wells Fargo & Company boosted their target price on Norwegian Cruise Line from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. Finally, JPMorgan Chase & Co. upgraded Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 price target for the company in a research note on Monday, March 17th. Eight analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.94.

Norwegian Cruise Line Trading Up 1.6 %

Norwegian Cruise Line stock opened at $20.73 on Tuesday. The stock has a market cap of $9.12 billion, a P/E ratio of 19.01, a PEG ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.69 and a fifty-two week high of $29.29. The firm’s fifty day moving average price is $24.39 and its 200-day moving average price is $24.34. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20.

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.