Baird Financial Group Inc. Has $10.39 Million Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

Baird Financial Group Inc. lifted its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 51.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 512,277 shares of the company’s stock after acquiring an additional 172,938 shares during the quarter. Baird Financial Group Inc. owned approximately 0.11% of Norwegian Cruise Line worth $10,389,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its holdings in shares of Norwegian Cruise Line by 8.3% in the first quarter. PNC Financial Services Group Inc. now owns 100,491 shares of the company’s stock valued at $1,905,000 after purchasing an additional 7,665 shares during the last quarter. New Age Alpha Advisors LLC bought a new stake in shares of Norwegian Cruise Line during the 1st quarter worth about $33,000. Vanguard Group Inc. boosted its holdings in shares of Norwegian Cruise Line by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 53,960,561 shares of the company’s stock worth $1,023,092,000 after buying an additional 653,279 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Norwegian Cruise Line by 0.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,581,365 shares of the company’s stock valued at $67,903,000 after buying an additional 33,549 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in Norwegian Cruise Line by 12.1% in the 1st quarter. Deutsche Bank AG now owns 2,109,715 shares of the company’s stock valued at $40,000,000 after acquiring an additional 228,317 shares during the period. Institutional investors own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

NCLH has been the subject of a number of research analyst reports. Barclays reduced their price objective on Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Wells Fargo & Company dropped their price target on Norwegian Cruise Line from $30.00 to $29.00 and set an “overweight” rating for the company in a report on Monday, December 1st. JPMorgan Chase & Co. reduced their price target on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Susquehanna decreased their price objective on Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, November 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.05.

Norwegian Cruise Line Trading Up 0.8%

Shares of Norwegian Cruise Line stock opened at $18.95 on Monday. The firm’s 50-day moving average price is $21.02 and its two-hundred day moving average price is $22.00. 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 quick ratio of 0.17, a current ratio of 0.19 and a debt-to-equity ratio of 6.22. The company has a market capitalization of $8.62 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 0.60 and a beta of 2.11.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. The business 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 and its FY 2025 guidance at 2.100-2.100 EPS. On average, analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Insider Transactions at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Harry C. Curtis acquired 5,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Friday, November 7th. The shares were acquired at an average cost of $19.25 per share, with a total value of $96,250.00. Following the completion of the purchase, the director directly owned 50,325 shares of the company’s stock, valued at $968,756.25. This represents a 11.03% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Stella David bought 6,986 shares of the stock in a transaction on Thursday, November 6th. The shares were acquired at an average cost of $18.59 per share, with a total value of $129,869.74. Following the purchase, the director owned 103,474 shares of the company’s stock, valued at approximately $1,923,581.66. This represents a 7.24% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have acquired 90,029 shares of company stock worth $1,663,575. 0.41% of the stock is owned by insiders.

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.