Ariel Investments LLC Has $250.85 Million Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Ariel Investments LLC raised its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 36.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,369,377 shares of the company’s stock after buying an additional 3,288,207 shares during the period. Norwegian Cruise Line accounts for approximately 2.8% of Ariel Investments LLC’s portfolio, making the stock its 9th biggest holding. Ariel Investments LLC owned 2.74% of Norwegian Cruise Line worth $250,851,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Sentry Investment Management LLC acquired a new position in shares of Norwegian Cruise Line during the 2nd quarter valued at about $31,000. New Age Alpha Advisors LLC bought a new stake in Norwegian Cruise Line during the first quarter worth approximately $33,000. Laurel Wealth Advisors LLC grew its holdings in Norwegian Cruise Line by 1,928.0% during the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after purchasing an additional 1,928 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in Norwegian Cruise Line by 133.3% during the second 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. Finally, SVB Wealth LLC bought a new position in shares of Norwegian Cruise Line in the first quarter valued at approximately $56,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Down 1.9%

Shares of NCLH opened at $18.74 on Wednesday. The stock’s 50-day moving average price is $20.79 and its 200 day moving average price is $22.02. 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 firm has a market capitalization of $8.53 billion, a price-to-earnings ratio of 13.78, a P/E/G ratio of 0.61 and a beta of 2.11. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $3.03 billion. Norwegian Cruise Line had a return on equity of 55.51% and a net margin of 6.85%.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. As a group, research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

NCLH has been the subject of several recent analyst reports. Wells Fargo & Company decreased their price objective on shares of Norwegian Cruise Line from $30.00 to $29.00 and set an “overweight” rating for the company in a report on Monday, December 1st. Truist Financial decreased their price target on shares of Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating for the company in a report on Tuesday, December 2nd. JPMorgan Chase & Co. lowered their price target on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. UBS Group boosted their price objective on Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 26th. Finally, Morgan Stanley decreased their target price on Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, November 10th. Two equities research 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 stock currently has a consensus rating of “Moderate Buy” and an average target price of $27.95.

Insider Activity

In other Norwegian Cruise Line news, Director Harry C. Curtis bought 5,000 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were acquired at an average cost of $19.25 per share, for a total transaction of $96,250.00. Following the transaction, the director owned 50,325 shares in the company, valued at approximately $968,756.25. The trade was a 11.03% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Harry Sommer bought 25,000 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average cost of $18.52 per share, for a total transaction of $463,000.00. Following the purchase, the chief executive officer owned 720,728 shares of the company’s stock, valued at $13,347,882.56. This trade represents a 3.59% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have acquired 90,029 shares of company stock valued at $1,663,575. 0.41% of the stock is owned by insiders.

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.