Gradient Investments LLC raised its position in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 23.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,102 shares of the company’s stock after acquiring an additional 1,537 shares during the quarter. Gradient Investments LLC’s holdings in Norwegian Cruise Line were worth $431,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in NCLH. Toronto Dominion Bank increased its stake in Norwegian Cruise Line by 12.4% in the 2nd quarter. Toronto Dominion Bank now owns 1,956 shares of the company’s stock valued at $106,000 after buying an additional 216 shares during the period. Cerebellum GP LLC acquired a new position in Norwegian Cruise Line in the 4th quarter valued at $112,000. Campbell & CO Investment Adviser LLC acquired a new position in Norwegian Cruise Line in the 3rd quarter valued at $202,000. Ameritas Investment Partners Inc. increased its stake in Norwegian Cruise Line by 1.9% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,083 shares of the company’s stock valued at $222,000 after buying an additional 77 shares during the period. Finally, Beach Investment Counsel Inc. PA acquired a new position in Norwegian Cruise Line in the 4th quarter valued at $223,000. 88.85% of the stock is currently owned by institutional investors.

Several equities analysts have issued reports on NCLH shares. SunTrust Banks raised shares of Norwegian Cruise Line from a “hold” rating to a “buy” rating in a research note on Wednesday, January 17th. Zacks Investment Research raised shares of Norwegian Cruise Line from a “hold” rating to a “buy” rating and set a $62.00 price objective on the stock in a research note on Thursday, January 11th. Tigress Financial reaffirmed a “buy” rating on shares of Norwegian Cruise Line in a research note on Monday, November 27th. Wedbush set a $65.00 price target on shares of Norwegian Cruise Line and gave the stock a “buy” rating in a research note on Sunday, November 12th. Finally, Argus began coverage on shares of Norwegian Cruise Line in a research note on Wednesday, October 25th. They set a “buy” rating and a $68.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $63.38.

In related news, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $54.11, for a total value of $270,550,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.98% of the company’s stock.

Norwegian Cruise Line Holdings Ltd. (NCLH) opened at $57.45 on Tuesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.31 and a current ratio of 0.34. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $46.96 and a 12 month high of $61.48. The firm has a market cap of $13,130.00, a price-to-earnings ratio of 17.95, a PEG ratio of 0.56 and a beta of 1.17.

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Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

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Institutional Ownership by Quarter for Norwegian Cruise Line (NASDAQ:NCLH)

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