M.E. Allison & CO. Inc. Acquires 17,000 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

M.E. Allison & CO. Inc. boosted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 21.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,680 shares of the company’s stock after acquiring an additional 17,000 shares during the quarter. Norwegian Cruise Line accounts for about 1.6% of M.E. Allison & CO. Inc.’s investment portfolio, making the stock its 13th biggest position. M.E. Allison & CO. Inc.’s holdings in Norwegian Cruise Line were worth $1,981,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC bought a new stake in Norwegian Cruise Line in the first quarter valued at about $1,645,000. New Wave Wealth Advisors LLC grew its stake in Norwegian Cruise Line by 5,467.9% during the first quarter. New Wave Wealth Advisors LLC now owns 18,374 shares of the company’s stock worth $348,000 after buying an additional 18,044 shares during the last quarter. Emerald Advisers LLC grew its stake in Norwegian Cruise Line by 251.7% during the first quarter. Emerald Advisers LLC now owns 63,670 shares of the company’s stock worth $1,207,000 after buying an additional 45,569 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in Norwegian Cruise Line by 46.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 255,726 shares of the company’s stock worth $4,874,000 after buying an additional 81,691 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Norwegian Cruise Line by 0.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,581,365 shares of the company’s stock worth $67,903,000 after buying an additional 33,549 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on NCLH shares. Zacks Research raised shares of Norwegian Cruise Line from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 16th. Susquehanna upped their price objective on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. Citigroup upped their price objective on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Barclays upped their price objective on shares of Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Finally, Bank of America upped their price objective on shares of Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $27.80.

Norwegian Cruise Line Price Performance

Shares of NCLH stock opened at $22.44 on Monday. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The firm’s 50 day moving average is $24.80 and its 200-day moving average is $21.17. The firm has a market capitalization of $10.14 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 0.98 and a beta of 2.21. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05.

Norwegian Cruise Line (NYSE:NCLH) last announced its earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the previous year, the company posted $0.40 earnings per share. Norwegian Cruise Line’s revenue for the quarter was up 6.1% on a year-over-year basis. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.