Norwegian Cruise Line Holdings Ltd. $NCLH Position Lifted by Strs Ohio

Strs Ohio grew its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 881.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 525,576 shares of the company’s stock after acquiring an additional 472,042 shares during the period. Strs Ohio owned about 0.12% of Norwegian Cruise Line worth $12,945,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. MUFG Securities EMEA plc bought a new stake in Norwegian Cruise Line in the second quarter valued at about $26,000. Sentry Investment Management LLC bought a new position in Norwegian Cruise Line during the 2nd quarter worth approximately $31,000. Laurel Wealth Advisors LLC grew its position in shares of 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 worth $41,000 after acquiring an additional 1,928 shares in the last quarter. Hantz Financial Services Inc. increased its holdings 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 acquiring an additional 1,305 shares during the last quarter. Finally, Quent Capital LLC acquired a new stake in shares of Norwegian Cruise Line during the 3rd quarter valued at approximately $55,000. Institutional investors own 69.58% of the company’s stock.

Insider Activity at Norwegian Cruise Line

In related news, Director Zillah Byng-Thorne acquired 29,008 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The shares were acquired at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the completion of the purchase, the director directly owned 66,017 shares in the company, valued at $1,195,567.87. This trade represents a 78.38% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Harry Sommer acquired 25,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average cost of $18.52 per share, with a total value of $463,000.00. Following the acquisition, the chief executive officer directly owned 720,728 shares of the company’s stock, valued at approximately $13,347,882.56. This trade represents a 3.59% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 90,029 shares of company stock worth $1,663,575 in the last ninety days. 0.41% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

NCLH has been the subject of a number of research reports. TD Cowen reaffirmed a “buy” rating on shares of Norwegian Cruise Line in a report on Tuesday, January 13th. Truist Financial reduced their price target on shares of Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday, December 2nd. Wells Fargo & Company boosted their price objective on shares of Norwegian Cruise Line from $29.00 to $33.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. JPMorgan Chase & Co. dropped their price objective on shares of Norwegian Cruise Line from $40.00 to $28.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Finally, Mizuho raised their target price on shares of Norwegian Cruise Line from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.05.

Norwegian Cruise Line Stock Up 0.5%

NCLH stock opened at $20.92 on Monday. The stock has a market cap of $9.52 billion, a PE ratio of 15.38, a price-to-earnings-growth ratio of 0.52 and a beta of 2.07. The firm’s 50-day simple moving average is $21.02 and its 200 day simple moving average is $22.74. 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 has a quick ratio of 0.17, a current ratio of 0.19 and a debt-to-equity ratio of 6.22.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Tuesday, November 4th. The company reported $1.20 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 firm had revenue of $2.94 billion during the quarter, compared to analysts’ expectations 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. As a group, sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.