Allworth Financial LP Acquires 4,768 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Allworth Financial LP raised its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 101.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,458 shares of the company’s stock after buying an additional 4,768 shares during the quarter. Allworth Financial LP’s holdings in Norwegian Cruise Line were worth $192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of NCLH. Sentry Investment Management LLC bought a new position in shares of Norwegian Cruise Line during the second quarter worth $31,000. New Age Alpha Advisors LLC purchased a new stake in Norwegian Cruise Line in the 1st quarter worth $33,000. Hantz Financial Services Inc. boosted its holdings in shares of Norwegian Cruise Line by 133.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after purchasing an additional 1,305 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Norwegian Cruise Line by 43.6% during the second quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock valued at $58,000 after purchasing an additional 874 shares in the last quarter. Finally, SVB Wealth LLC bought a new stake in shares of Norwegian Cruise Line in the first quarter worth about $56,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock opened at $17.83 on Wednesday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. The firm has a 50-day moving average price of $22.91 and a 200-day moving average price of $22.00. The firm has a market capitalization of $8.12 billion, a PE ratio of 12.30, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The company had revenue of $2.94 billion for the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. As a group, equities research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on NCLH. Wells Fargo & Company started coverage on Norwegian Cruise Line in a research note on Tuesday. They set an “overweight” rating and a $30.00 price target for the company. Zacks Research downgraded Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. TD Cowen assumed coverage on shares of Norwegian Cruise Line in a report on Tuesday, July 22nd. They issued a “buy” rating and a $31.00 target price for the company. Tigress Financial upped 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. Finally, UBS Group increased their price objective on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, August 26th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $28.37.

Insiders Place Their Bets

In related news, Director Zillah Byng-Thorne purchased 29,008 shares of the business’s stock in a transaction dated Thursday, November 6th. The shares were purchased at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the completion of the acquisition, the director owned 66,017 shares in the company, valued at approximately $1,195,567.87. This trade represents a 78.38% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Jason Montague purchased 13,400 shares of Norwegian Cruise Line stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average cost of $18.81 per share, for a total transaction of $252,054.00. Following the purchase, the insider directly owned 13,400 shares in the company, valued at $252,054. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have bought 90,029 shares of company stock valued at $1,663,575. Insiders own 0.41% of the company’s stock.

Norwegian Cruise Line Company 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.