Chapin Davis Inc. Acquires Shares of 146,344 Norwegian Cruise Line Holdings Ltd. $NCLH

Chapin Davis Inc. bought a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 146,344 shares of the company’s stock, valued at approximately $3,604,000. Norwegian Cruise Line makes up about 0.9% of Chapin Davis Inc.’s investment portfolio, making the stock its 26th biggest position.

A number of other hedge funds also recently modified their holdings of the stock. MUFG Securities EMEA plc bought a new stake in Norwegian Cruise Line during the second quarter worth about $26,000. Sentry Investment Management LLC bought a new position in Norwegian Cruise Line in the 2nd quarter valued at about $31,000. Laurel Wealth Advisors LLC increased its holdings in Norwegian Cruise Line by 1,928.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after buying an additional 1,928 shares during the period. Hantz Financial Services Inc. raised its position in shares of Norwegian Cruise Line by 133.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after buying an additional 1,305 shares in the last quarter. Finally, SVB Wealth LLC bought a new stake in shares of Norwegian Cruise Line during the 1st quarter worth approximately $56,000. Institutional investors own 69.58% of the company’s stock.

Insider Transactions at Norwegian Cruise Line

In other Norwegian Cruise Line news, CEO Harry Sommer purchased 25,000 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was purchased at an average price of $18.52 per share, with a total value of $463,000.00. Following the completion of the purchase, the chief executive officer owned 720,728 shares of the company’s stock, valued at approximately $13,347,882.56. The trade was a 3.59% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Zillah Byng-Thorne acquired 29,008 shares of Norwegian Cruise Line stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the purchase, the director owned 66,017 shares of the company’s stock, valued at $1,195,567.87. The trade was a 78.38% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders acquired 90,029 shares of company stock worth $1,663,575. 0.41% of the stock is currently owned by insiders.

Norwegian Cruise Line Price Performance

Shares of NCLH opened at $21.63 on Friday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The business has a 50-day simple moving average of $20.37 and a two-hundred day simple moving average of $22.13. 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 stock has a market cap of $9.85 billion, a PE ratio of 15.90, a PEG ratio of 0.69 and a beta of 2.11.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 55.51% and a net margin of 6.85%.The firm 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. Analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NCLH. Barclays decreased their price objective on shares of Norwegian Cruise Line from $28.00 to $23.00 and set an “overweight” rating on the stock in a research note on Wednesday. Zacks Research lowered Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. JPMorgan Chase & Co. dropped their price objective on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Norwegian Cruise Line in a research note on Wednesday, October 8th. Finally, UBS Group boosted their target price on Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 26th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $27.37.

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.