Ethic Inc. Has $524,000 Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Ethic Inc. cut its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 31.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,974 shares of the company’s stock after selling 11,798 shares during the period. Ethic Inc.’s holdings in Norwegian Cruise Line were worth $524,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Omnia Family Wealth LLC grew its stake in shares of Norwegian Cruise Line by 3.9% in the second quarter. Omnia Family Wealth LLC now owns 15,410 shares of the company’s stock valued at $313,000 after acquiring an additional 583 shares in the last quarter. Brooklyn Investment Group grew its stake in Norwegian Cruise Line by 22.0% during the first quarter. Brooklyn Investment Group now owns 3,394 shares of the company’s stock worth $64,000 after buying an additional 613 shares in the last quarter. Wealthcare Advisory Partners LLC grew its stake in Norwegian Cruise Line by 4.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 16,661 shares of the company’s stock worth $338,000 after buying an additional 669 shares in the last quarter. Burns Matteson Capital Management LLC grew its stake in Norwegian Cruise Line by 4.0% during the first quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company’s stock worth $334,000 after buying an additional 677 shares in the last quarter. Finally, Hsbc Holdings PLC grew its stake in Norwegian Cruise Line by 0.3% during the first quarter. Hsbc Holdings PLC now owns 231,447 shares of the company’s stock worth $4,370,000 after buying an additional 684 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Down 4.9%

NCLH opened at $22.37 on Wednesday. The firm has a market capitalization of $10.11 billion, a P/E ratio of 15.42, a PEG ratio of 0.75 and a beta of 2.21. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company’s 50-day moving average is $24.52 and its 200 day moving average is $21.66.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period last year, the firm earned $0.40 EPS. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on NCLH. Morgan Stanley increased their price objective on shares of Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Monday, August 4th. Bank of America raised their price target on shares of Norwegian Cruise Line from $20.00 to $27.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Tigress Financial raised their price target on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a research note on Wednesday, August 27th. Zacks Research upgraded shares of Norwegian Cruise Line from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 16th. Finally, Citigroup raised their price target on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $27.80.

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.