Savoir Faire Capital Management L.P. Takes Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Savoir Faire Capital Management L.P. acquired a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 100,000 shares of the company’s stock, valued at approximately $2,463,000.

A number of other institutional investors and hedge funds also recently modified their holdings of NCLH. Ariel Investments LLC lifted its holdings in Norwegian Cruise Line by 36.2% in the second quarter. Ariel Investments LLC now owns 12,369,377 shares of the company’s stock worth $250,851,000 after purchasing an additional 3,288,207 shares during the period. Norges Bank bought a new stake in shares of Norwegian Cruise Line in the 2nd quarter valued at approximately $49,620,000. Marshall Wace LLP lifted its position in shares of Norwegian Cruise Line by 72.2% in the second quarter. Marshall Wace LLP now owns 4,398,316 shares of the company’s stock worth $89,198,000 after buying an additional 1,844,433 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Norwegian Cruise Line by 130.9% during the second quarter. Commonwealth Equity Services LLC now owns 2,426,579 shares of the company’s stock worth $49,211,000 after purchasing an additional 1,375,719 shares during the period. Finally, Patient Capital Management LLC boosted its holdings in shares of Norwegian Cruise Line by 31.2% during the 2nd quarter. Patient Capital Management LLC now owns 4,708,579 shares of the company’s stock worth $95,490,000 after buying an additional 1,118,486 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Up 0.5%

Shares of NCLH opened at $20.92 on Monday. The company has a debt-to-equity ratio of 6.22, a quick ratio of 0.17 and a current ratio of 0.19. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. The stock has a market capitalization of $9.52 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 0.52 and a beta of 2.07. The stock has a fifty day moving average of $21.02 and a 200-day moving average of $22.74.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings results 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 for the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. 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 anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NCLH has been the subject of several recent research reports. Bank of America upped their price target on Norwegian Cruise Line from $25.00 to $30.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Jefferies Financial Group cut Norwegian Cruise Line from a “buy” rating to a “hold” rating and dropped their price target for the company from $26.00 to $20.00 in a report on Monday, December 15th. Morgan Stanley decreased their price target on shares of Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, November 10th. Mizuho boosted their price objective on Norwegian Cruise Line from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Finally, JPMorgan Chase & Co. decreased their target price on Norwegian Cruise Line from $40.00 to $28.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.05.

Insider Buying and Selling

In related news, Director Harry C. Curtis acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were acquired at an average price of $19.25 per share, with a total value of $96,250.00. Following the acquisition, the director owned 50,325 shares of the company’s stock, valued at approximately $968,756.25. This trade represents a 11.03% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Zillah Byng-Thorne purchased 29,008 shares of the stock in a transaction on Thursday, November 6th. The shares were purchased at an average price of $18.11 per share, for a total transaction of $525,334.88. Following the transaction, the director directly owned 66,017 shares of the company’s stock, valued at approximately $1,195,567.87. This represents a 78.38% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 90,029 shares of company stock worth $1,663,575 over the last ninety days. Insiders own 0.41% of the company’s stock.

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.