Atlas Capital Advisors Inc. Takes $278,000 Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Atlas Capital Advisors Inc. purchased a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,812 shares of the company’s stock, valued at approximately $278,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. ExodusPoint Capital Management LP bought a new stake in Norwegian Cruise Line during the 4th quarter valued at about $7,631,000. Bryce Point Capital LLC purchased a new stake in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $1,692,000. Groupama Asset Managment purchased a new position in Norwegian Cruise Line in the 4th quarter worth approximately $1,153,000. Headlands Technologies LLC bought a new position in Norwegian Cruise Line in the 4th quarter valued at approximately $449,000. Finally, Geode Capital Management LLC boosted its stake in Norwegian Cruise Line by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 10,793,268 shares of the company’s stock valued at $277,399,000 after purchasing an additional 270,434 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on NCLH shares. The Goldman Sachs Group set a $34.00 price target on Norwegian Cruise Line in a research note on Thursday, January 23rd. Wells Fargo & Company upped their target price on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. Tigress Financial reiterated a “strong-buy” rating and issued a $36.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. Jefferies Financial Group began coverage on shares of Norwegian Cruise Line in a research report on Monday, March 31st. They set a “buy” rating and a $25.00 price objective on the stock. Finally, Loop Capital started coverage on shares of Norwegian Cruise Line in a research report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 target price for the company. Nine research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $28.28.

Norwegian Cruise Line Price Performance

NYSE NCLH opened at $15.67 on Friday. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.50 and a 12 month high of $29.29. The stock has a market cap of $6.89 billion, a price-to-earnings ratio of 14.38, a PEG ratio of 0.24 and a beta of 2.27. The company’s 50 day moving average is $23.01 and its two-hundred day moving average is $24.28.

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.