Mesirow Institutional Investment Management Inc. Buys New Shares in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Mesirow Institutional Investment Management Inc. acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 111,632 shares of the company's stock, valued at approximately $2,872,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC bought a new stake in shares of Norwegian Cruise Line in the fourth quarter worth $272,000. Cookson Peirce & Co. Inc. bought a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at $654,000. Jupiter Asset Management Ltd. raised its holdings in shares of Norwegian Cruise Line by 365.5% during the fourth quarter. Jupiter Asset Management Ltd. now owns 2,168,658 shares of the company's stock valued at $55,800,000 after purchasing an additional 1,702,748 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Norwegian Cruise Line by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company's stock worth $91,285,000 after acquiring an additional 47,507 shares in the last quarter. Finally, Park Avenue Securities LLC bought a new position in shares of Norwegian Cruise Line in the 4th quarter worth $416,000. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Stock Up 0.5 %

Shares of NYSE:NCLH traded up $0.09 during mid-day trading on Friday, reaching $17.24. 10,176,618 shares of the stock were exchanged, compared to its average volume of 12,777,794. The stock's 50 day simple moving average is $19.36 and its 200-day simple moving average is $23.81. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year 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. The company has a market cap of $7.58 billion, a P/E ratio of 15.82, a P/E/G ratio of 0.24 and a beta of 2.27.

Analysts Set New Price Targets

NCLH has been the topic of a number of research analyst reports. Loop Capital upgraded Norwegian Cruise Line from a "hold" rating to a "buy" rating and set a $25.00 target price on the stock in a research note on Monday, April 21st. BNP Paribas began coverage on shares of Norwegian Cruise Line in a report on Thursday, March 27th. They issued a "neutral" rating and a $21.00 price objective for the company. Northcoast Research assumed coverage on Norwegian Cruise Line in a research report on Friday. They set a "buy" rating and a $21.00 price target on the stock. Tigress Financial restated a "strong-buy" rating and issued a $36.00 target price on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. Finally, JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line from a "neutral" rating to an "overweight" rating and set a $30.00 target price for the company in a research report on Monday, March 17th. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $26.63.

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.