Jump Financial LLC Sells 278,537 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Jump Financial LLC cut its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 80.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,740 shares of the company's stock after selling 278,537 shares during the period. Jump Financial LLC's holdings in Norwegian Cruise Line were worth $1,691,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. CreativeOne Wealth LLC grew its stake in shares of Norwegian Cruise Line by 103.3% in the fourth quarter. CreativeOne Wealth LLC now owns 29,920 shares of the company's stock worth $770,000 after acquiring an additional 15,205 shares during the last quarter. Mariner LLC grew its position in Norwegian Cruise Line by 26.9% during the 4th quarter. Mariner LLC now owns 66,881 shares of the company's stock valued at $1,721,000 after purchasing an additional 14,179 shares during the last quarter. Trustmark National Bank Trust Department bought a new stake in Norwegian Cruise Line during the 4th quarter valued at about $1,232,000. Synovus Financial Corp raised its holdings in Norwegian Cruise Line by 1.0% in the fourth quarter. Synovus Financial Corp now owns 89,066 shares of the company's stock worth $2,292,000 after buying an additional 858 shares during the last quarter. Finally, Sagespring Wealth Partners LLC purchased a new stake in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $955,000. 69.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on NCLH. Wells Fargo & Company lifted their price objective on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. Loop Capital raised shares of Norwegian Cruise Line from a "hold" rating to a "buy" rating and set a $25.00 price objective for the company in a report on Monday. Barclays lowered their price objective on shares of Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating on the stock in a research report on Tuesday. Morgan Stanley cut their target price on shares of Norwegian Cruise Line from $22.00 to $21.00 and set an "equal weight" rating for the company in a research report on Thursday, April 10th. Finally, The Goldman Sachs Group lowered their price target on Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday. Eight research 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 company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $26.63.

Norwegian Cruise Line Price Performance

NYSE NCLH traded up $0.01 during trading hours on Friday, reaching $17.16. The company's stock had a trading volume of 4,120,755 shares, compared to its average volume of 12,742,073. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 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 capitalization of $7.55 billion, a price-to-earnings ratio of 15.73, a PEG ratio of 0.24 and a beta of 2.27. The firm's 50-day moving average price is $19.56 and its 200-day moving average price is $23.84.

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.