California Public Employees Retirement System Purchases 2,874,730 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

California Public Employees Retirement System lifted its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 358.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,675,830 shares of the company’s stock after purchasing an additional 2,874,730 shares during the period. California Public Employees Retirement System owned about 0.80% of Norwegian Cruise Line worth $68,738,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. TimesSquare Capital Management LLC raised its position in Norwegian Cruise Line by 5.0% during the 4th quarter. TimesSquare Capital Management LLC now owns 2,068,797 shares of the company’s stock worth $46,176,000 after purchasing an additional 97,825 shares during the last quarter. MKP Capital Management L.L.C. acquired a new position in shares of Norwegian Cruise Line in the fourth quarter worth approximately $44,640,000. Norges Bank bought a new stake in Norwegian Cruise Line in the fourth quarter valued at approximately $46,663,000. Vaughan Nelson Investment Management L.P. acquired a new stake in Norwegian Cruise Line during the 1st quarter valued at approximately $42,761,000. Finally, CWM LLC lifted its position in shares of Norwegian Cruise Line by 291.1% in the 4th quarter. CWM LLC now owns 102,452 shares of the company’s stock worth $2,287,000 after purchasing an additional 76,258 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Insider Buying and Selling at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Jonathan Z. Cohen purchased 30,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $15.83 per share, for a total transaction of $474,900.00. Following the purchase, the director owned 38,912 shares of the company’s stock, valued at $615,976.96. This trade represents a 336.62% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Stephen G. Pagliuca acquired 685,000 shares of the stock in a transaction on Tuesday, June 2nd. The shares were acquired at an average price of $18.06 per share, for a total transaction of $12,371,100.00. Following the acquisition, the director owned 1,388,912 shares of the company’s stock, valued at approximately $25,083,750.72. The trade was a 97.31% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 1,592,467 shares of company stock worth $28,493,204. 0.25% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on NCLH. Deutsche Bank Aktiengesellschaft set a $18.00 target price on shares of Norwegian Cruise Line in a report on Tuesday, May 5th. JPMorgan Chase & Co. cut their target price on Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. The Goldman Sachs Group raised their target price on Norwegian Cruise Line from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Truist Financial dropped their price target on Norwegian Cruise Line from $25.00 to $20.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. Finally, TD Cowen increased their price target on Norwegian Cruise Line from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.65.

Norwegian Cruise Line Stock Down 0.1%

NCLH stock opened at $19.45 on Monday. The stock’s 50 day simple moving average is $18.71 and its 200 day simple moving average is $20.24. The company has a market cap of $8.93 billion, a P/E ratio of 16.34, a price-to-earnings-growth ratio of 1.15 and a beta of 1.87. The company has a debt-to-equity ratio of 5.75, a quick ratio of 0.18 and a current ratio of 0.21. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.53 and a fifty-two week high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.07 earnings per share. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. On average, research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.51 earnings per share for the current fiscal year.

About Norwegian Cruise Line

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.