Greenhouse Funds LLLP Has $86.36 Million Stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Greenhouse Funds LLLP reduced its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 9.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,356,290 shares of the company's stock after selling 337,268 shares during the period. Norwegian Cruise Line makes up about 3.6% of Greenhouse Funds LLLP's investment portfolio, making the stock its 10th biggest position. Greenhouse Funds LLLP owned approximately 0.76% of Norwegian Cruise Line worth $86,357,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Stifel Financial Corp raised its position in shares of Norwegian Cruise Line by 5.4% in the 4th quarter. Stifel Financial Corp now owns 384,316 shares of the company's stock valued at $9,888,000 after acquiring an additional 19,818 shares during the period. TD Waterhouse Canada Inc. increased its stake in Norwegian Cruise Line by 0.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 513,040 shares of the company's stock worth $13,201,000 after purchasing an additional 1,482 shares in the last quarter. Mesirow Institutional Investment Management Inc. acquired a new stake in Norwegian Cruise Line during the 4th quarter worth approximately $2,872,000. MetLife Investment Management LLC lifted its stake in Norwegian Cruise Line by 1.6% in the fourth quarter. MetLife Investment Management LLC now owns 135,691 shares of the company's stock valued at $3,491,000 after buying an additional 2,085 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Norwegian Cruise Line by 125.4% in the fourth quarter. First Trust Advisors LP now owns 889,194 shares of the company's stock valued at $22,879,000 after buying an additional 494,640 shares during the period. 69.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Macquarie boosted their price objective on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the company an "outperform" rating in a research report on Thursday, March 6th. Stifel Nicolaus cut their price target on Norwegian Cruise Line from $36.00 to $30.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. The Goldman Sachs Group decreased their price objective on Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating for the company in a report on Wednesday. Morgan Stanley cut their target price on Norwegian Cruise Line from $22.00 to $21.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 10th. Finally, Bank of America decreased their price target on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating for the company in a research note on Friday, March 7th. Eight investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Norwegian Cruise Line has a consensus rating of "Moderate Buy" and an average target price of $26.63.

Norwegian Cruise Line Price Performance

Shares of NCLH traded up $0.09 during trading hours on Friday, hitting $17.24. 10,176,618 shares of the company were exchanged, compared to its average volume of 12,788,771. 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 Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a market cap of $7.58 billion, a price-to-earnings ratio of 15.82, a P/E/G ratio of 0.24 and a beta of 2.27. The firm's fifty day moving average is $19.36 and its 200 day moving average is $23.82.

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.