Charles Schwab Investment Management Inc. Purchases 47,507 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Charles Schwab Investment Management Inc. increased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,547,816 shares of the company's stock after buying an additional 47,507 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.81% of Norwegian Cruise Line worth $91,285,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of NCLH. Kestra Investment Management LLC acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at about $27,000. Stonebridge Financial Group LLC purchased a new position in shares of Norwegian Cruise Line during the 4th quarter valued at $27,000. R Squared Ltd acquired a new position in Norwegian Cruise Line in the 4th quarter worth about $31,000. Prestige Wealth Management Group LLC increased its holdings in Norwegian Cruise Line by 192.3% in the third quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company's stock worth $25,000 after buying an additional 800 shares during the last quarter. Finally, Venturi Wealth Management LLC increased its stake in shares of Norwegian Cruise Line by 238.5% during the 4th quarter. Venturi Wealth Management LLC now owns 1,249 shares of the company's stock worth $32,000 after purchasing an additional 880 shares during the last quarter. Institutional investors own 69.58% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on NCLH. Bank of America lowered their price objective on Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating on the stock in a report on Friday, March 7th. Macquarie increased their price target on Norwegian Cruise Line from $30.00 to $31.00 and gave the company an "outperform" rating in a report on Thursday, March 6th. JPMorgan Chase & Co. boosted their price objective on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a "neutral" rating in a research note on Tuesday, December 17th. Barclays upgraded 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. Finally, Loop Capital began coverage on shares of Norwegian Cruise Line in a research note on Tuesday, February 4th. They issued a "hold" rating and a $26.00 target price on the stock. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $29.19.

Norwegian Cruise Line Trading Down 2.6 %

Shares of NYSE NCLH traded down $0.49 during mid-day trading on Thursday, hitting $18.52. The company's stock had a trading volume of 10,070,016 shares, compared to its average volume of 11,596,541. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The stock has a market cap of $8.15 billion, a price-to-earnings ratio of 16.99, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. The company's fifty day simple moving average is $25.35 and its 200-day simple moving average is $24.18. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.69 and a one year high of $29.29.

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.