Fifth Third Bancorp Lowers Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

Fifth Third Bancorp lowered its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 13.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,836 shares of the company’s stock after selling 5,962 shares during the quarter. Fifth Third Bancorp’s holdings in Norwegian Cruise Line were worth $767,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brooklyn Investment Group raised its position in shares of Norwegian Cruise Line by 22.0% during the 1st quarter. Brooklyn Investment Group now owns 3,394 shares of the company’s stock valued at $64,000 after buying an additional 613 shares in the last quarter. Burns Matteson Capital Management LLC raised its position in shares of Norwegian Cruise Line by 4.0% during the 1st quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company’s stock valued at $334,000 after buying an additional 677 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of Norwegian Cruise Line by 0.3% during the 1st quarter. Hsbc Holdings PLC now owns 231,447 shares of the company’s stock valued at $4,370,000 after buying an additional 684 shares in the last quarter. Allworth Financial LP raised its position in shares of Norwegian Cruise Line by 19.1% during the 1st quarter. Allworth Financial LP now owns 4,690 shares of the company’s stock valued at $89,000 after buying an additional 753 shares in the last quarter. Finally, CWM LLC raised its position in shares of Norwegian Cruise Line by 4.0% during the 1st quarter. CWM LLC now owns 22,650 shares of the company’s stock valued at $429,000 after buying an additional 865 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

NCLH has been the topic of a number of analyst reports. TD Cowen initiated coverage on shares of Norwegian Cruise Line in a research report on Tuesday, July 22nd. They issued a “buy” rating and a $31.00 target price on the stock. Jefferies Financial Group lifted their target price on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a “buy” rating in a research report on Monday, July 7th. Zacks Research upgraded shares of Norwegian Cruise Line from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 16th. Barclays lifted their target price on shares of Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, Wall Street Zen upgraded shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $27.80.

Norwegian Cruise Line Price Performance

NCLH stock opened at $25.07 on Monday. The firm’s 50-day moving average price is $24.79 and its two-hundred day moving average price is $20.89. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The stock has a market capitalization of $11.33 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 1.12 and a beta of 2.19. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The firm had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same quarter in the previous year, the firm posted $0.40 EPS. Norwegian Cruise Line’s revenue was up 6.1% compared to the same quarter last year. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. As a group, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

About Norwegian Cruise Line

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.