Signature Wealth Management Partners LLC grew its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 38.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,100 shares of the company’s stock after purchasing an additional 3,900 shares during the period. Signature Wealth Management Partners LLC’s holdings in Norwegian Cruise Line were worth $286,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Norwegian Cruise Line by 1.2% during the first quarter. Vanguard Group Inc. now owns 53,960,561 shares of the company’s stock worth $1,023,092,000 after purchasing an additional 653,279 shares in the last quarter. Invesco Ltd. lifted its stake in Norwegian Cruise Line by 22.7% during the first quarter. Invesco Ltd. now owns 11,477,606 shares of the company’s stock worth $217,615,000 after purchasing an additional 2,122,501 shares in the last quarter. Ariel Investments LLC lifted its stake in Norwegian Cruise Line by 126.8% during the first quarter. Ariel Investments LLC now owns 9,081,170 shares of the company’s stock worth $172,179,000 after purchasing an additional 5,077,531 shares in the last quarter. Northern Trust Corp lifted its stake in Norwegian Cruise Line by 2.6% during the first quarter. Northern Trust Corp now owns 4,272,790 shares of the company’s stock worth $81,012,000 after purchasing an additional 109,396 shares in the last quarter. Finally, Greenhouse Funds LLLP lifted its stake in Norwegian Cruise Line by 22.2% during the first quarter. Greenhouse Funds LLLP now owns 4,100,848 shares of the company’s stock worth $77,752,000 after purchasing an additional 744,558 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts have recently issued reports on the company. TD Cowen assumed coverage on Norwegian Cruise Line in a research note on Tuesday, July 22nd. They issued a “buy” rating and a $31.00 price objective on the stock. Truist Financial increased their price objective on Norwegian Cruise Line from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Tigress Financial increased their price objective on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a research note on Wednesday, August 27th. Morgan Stanley increased their price objective on Norwegian Cruise Line from $24.00 to $26.00 and gave the company an “equal weight” rating in a research note on Monday, August 4th. Finally, Jefferies Financial Group increased their price objective on Norwegian Cruise Line from $24.00 to $29.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.80.
Norwegian Cruise Line Stock Performance
NYSE:NCLH opened at $24.31 on Friday. The firm has a market capitalization of $10.98 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 1.10 and a beta of 2.21. The business’s fifty day moving average price is $24.86 and its 200 day moving average price is $21.04. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The business had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period last year, the company earned $0.40 EPS. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. On average, sell-side 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., 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.
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