UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 167,923 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 13.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,443,936 shares of the company's stock after acquiring an additional 167,923 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.33% of Norwegian Cruise Line worth $37,152,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hopwood Financial Services Inc. purchased a new position in shares of Norwegian Cruise Line during the fourth quarter worth approximately $26,000. Stonebridge Financial Group LLC acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $27,000. Kestra Investment Management LLC acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $27,000. Rakuten Securities Inc. lifted its holdings in shares of 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 purchasing an additional 739 shares during the period. Finally, R Squared Ltd acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $31,000. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on NCLH. Jefferies Financial Group began coverage on Norwegian Cruise Line in a report on Monday, March 31st. They set a "buy" rating and a $25.00 price target for the company. Macquarie dropped their price objective on shares of Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating for the company in a research note on Friday, May 9th. Truist Financial decreased their price target on Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating for the company in a report on Monday, May 19th. The Goldman Sachs Group reduced their target price on Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating for the company in a research note on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. upgraded Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 target price for the company in a research note on Monday, March 17th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $25.63.

Norwegian Cruise Line Stock Up 0.4%

NYSE NCLH traded up $0.08 during trading on Friday, reaching $17.68. The company's stock had a trading volume of 3,396,687 shares, compared to its average volume of 12,488,069. 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 stock has a market capitalization of $7.90 billion, a PE ratio of 16.26, a PEG ratio of 0.24 and a beta of 2.09. The business has a 50-day moving average price of $17.59 and a 200-day moving average price of $22.70. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.02). The business had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.15 billion. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The business's revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.16 EPS. On average, research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

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.