Amalgamated Bank Increases Position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Amalgamated Bank increased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHFree Report) by 3.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 141,802 shares of the company’s stock after purchasing an additional 4,849 shares during the period. Amalgamated Bank’s holdings in Norwegian Cruise Line were worth $2,337,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in NCLH. American Century Companies Inc. lifted its holdings in shares of Norwegian Cruise Line by 16.3% during the first quarter. American Century Companies Inc. now owns 29,153 shares of the company’s stock valued at $638,000 after purchasing an additional 4,081 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Norwegian Cruise Line by 20.1% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 55,781 shares of the company’s stock valued at $1,220,000 after buying an additional 9,335 shares during the last quarter. BlackRock Inc. boosted its holdings in Norwegian Cruise Line by 4.2% in the first quarter. BlackRock Inc. now owns 22,085,953 shares of the company’s stock worth $483,242,000 after acquiring an additional 882,556 shares in the last quarter. Great West Life Assurance Co. Can purchased a new stake in shares of Norwegian Cruise Line in the first quarter worth $1,515,000. Finally, Yousif Capital Management LLC increased its holdings in shares of Norwegian Cruise Line by 7.2% during the first quarter. Yousif Capital Management LLC now owns 67,863 shares of the company’s stock valued at $1,485,000 after acquiring an additional 4,570 shares in the last quarter. Institutional investors own 60.49% of the company’s stock.

Norwegian Cruise Line Stock Performance

NCLH opened at $16.42 on Monday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $12.15 and a 12-month high of $22.75. The company has a market cap of $6.99 billion, a price-to-earnings ratio of -26.92 and a beta of 2.60. The company has a current ratio of 0.30, a quick ratio of 0.27 and a debt-to-equity ratio of 28.80. The company’s 50 day moving average is $18.38 and its 200 day moving average is $16.73.

Analyst Upgrades and Downgrades

NCLH has been the topic of a number of analyst reports. Tigress Financial reiterated a “strong-buy” rating and issued a $32.00 price target on shares of Norwegian Cruise Line in a research note on Friday, December 15th. Barclays cut their price target on shares of Norwegian Cruise Line from $20.00 to $14.00 and set an “equal weight” rating on the stock in a report on Thursday, November 2nd. Morgan Stanley decreased their price objective on shares of Norwegian Cruise Line from $14.50 to $13.50 and set an “underweight” rating for the company in a report on Thursday, November 2nd. StockNews.com downgraded Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. Finally, Truist Financial decreased their price target on Norwegian Cruise Line from $20.00 to $17.00 and set a “hold” rating for the company in a research note on Tuesday, November 21st. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $19.39.

Check Out Our Latest Report on NCLH

About Norwegian Cruise Line

(Free Report)

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 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 locations, including destinations in Scandinavia, Russia, 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.

Further Reading

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

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