Federated Hermes Inc. Sells 24,995 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Federated Hermes Inc. lowered its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,634,895 shares of the company’s stock after selling 24,995 shares during the period. Federated Hermes Inc. owned about 0.36% of Norwegian Cruise Line worth $40,267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. MUFG Securities EMEA plc bought a new position in shares of Norwegian Cruise Line in the 2nd quarter valued at about $26,000. Sentry Investment Management LLC bought a new position in Norwegian Cruise Line in the second quarter valued at approximately $31,000. Laurel Wealth Advisors LLC grew its stake in Norwegian Cruise Line by 1,928.0% in 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 in the last quarter. Hantz Financial Services Inc. increased its position 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 worth $46,000 after purchasing an additional 1,305 shares during the last quarter. Finally, Quent Capital LLC bought a new stake in shares of Norwegian Cruise Line during the 3rd quarter worth approximately $55,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NCLH. Morgan Stanley lowered their target price on shares of Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, November 10th. Truist Financial dropped their target price on shares of Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating on the stock in a report on Tuesday, December 2nd. Jefferies Financial Group cut Norwegian Cruise Line from a “buy” rating to a “hold” rating and reduced their price target for the stock from $26.00 to $20.00 in a report on Monday, December 15th. Citigroup upped their price objective on Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Finally, Susquehanna reduced their target price on Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, November 12th. Two equities research 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. Based on data from MarketBeat, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and an average target price of $27.05.

Insiders Place Their Bets

In other Norwegian Cruise Line news, CEO Harry Sommer purchased 25,000 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were acquired at an average cost of $18.52 per share, with a total value of $463,000.00. Following the completion of the transaction, the chief executive officer owned 720,728 shares in the company, valued at $13,347,882.56. The trade was a 3.59% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Mark Kempa acquired 10,635 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was acquired at an average cost of $18.53 per share, with a total value of $197,066.55. Following the acquisition, the chief financial officer directly owned 369,352 shares in the company, valued at approximately $6,844,092.56. This trade represents a 2.96% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 90,029 shares of company stock valued at $1,663,575 in the last three months. Insiders own 0.41% of the company’s stock.

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock opened at $22.94 on Friday. The company has a market capitalization of $10.44 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 0.52 and a beta of 2.07. The company has a current ratio of 0.19, a quick ratio of 0.17 and a debt-to-equity ratio of 6.22. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. The stock’s 50 day moving average is $21.32 and its 200-day moving average is $22.70.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. The business 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. Equities research analysts expect 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.