CastleKnight Management LP Has $14.64 Million Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

CastleKnight Management LP grew its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 27.9% during the 4th quarter, HoldingsChannel reports. The firm owned 655,700 shares of the company’s stock after purchasing an additional 143,200 shares during the quarter. CastleKnight Management LP’s holdings in Norwegian Cruise Line were worth $14,635,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of NCLH. MUFG Securities EMEA plc acquired a new stake in shares of Norwegian Cruise Line during the second quarter worth $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $31,000. Clearstead Advisors LLC raised its holdings in shares of Norwegian Cruise Line by 130.2% during the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after acquiring an additional 909 shares during the period. Aventura Private Wealth LLC acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $42,000. Finally, Thompson Investment Management Inc. acquired a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $44,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Bank of America dropped their price objective on shares of Norwegian Cruise Line from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Northcoast Research lowered shares of Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a report on Wednesday, May 6th. Freedom Capital upgraded shares of Norwegian Cruise Line to a “strong-buy” rating in a report on Wednesday, June 3rd. Zacks Research lowered shares of Norwegian Cruise Line from a “hold” rating to a “strong sell” rating in a report on Friday, May 8th. Finally, Wolfe Research restated an “outperform” rating and set a $25.00 price objective on shares of Norwegian Cruise Line in a report on Tuesday, March 3rd. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and an average target price of $21.16.

Insider Buying and Selling at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Stephen G. Pagliuca bought 695,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was acquired at an average price of $18.16 per share, with a total value of $12,621,200.00. Following the completion of the transaction, the director owned 703,912 shares in the company, valued at approximately $12,783,041.92. This trade represents a 7,798.47% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan Z. Cohen bought 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of $15.83 per share, with a total value of $474,900.00. Following the transaction, the director owned 38,912 shares of the company’s stock, valued at $615,976.96. This represents a 336.62% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 1,592,467 shares of company stock worth $28,493,204 in the last three months. 0.25% of the stock is currently owned by company insiders.

Norwegian Cruise Line Stock Down 2.4%

Norwegian Cruise Line stock opened at $19.85 on Thursday. The company has a market cap of $9.11 billion, a P/E ratio of 16.68, a price-to-earnings-growth ratio of 1.29 and a beta of 1.89. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.53 and a 1-year high of $27.18. The company has a fifty day simple moving average of $18.25 and a 200 day simple moving average of $20.36. The company has a current ratio of 0.21, a quick ratio of 0.18 and a debt-to-equity ratio of 5.75.

Norwegian Cruise Line (NYSE:NCLH) last released its earnings results on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.36 billion. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm earned $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. Research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Norwegian Cruise Line 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.