Norwegian Cruise Line Holdings Ltd. $NCLH Stake Decreased by Columbus Hill Capital Management L.P.

Columbus Hill Capital Management L.P. reduced its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 2.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,660,601 shares of the company’s stock after selling 60,127 shares during the period. Norwegian Cruise Line makes up 8.4% of Columbus Hill Capital Management L.P.’s holdings, making the stock its 4th biggest position. Columbus Hill Capital Management L.P.’s holdings in Norwegian Cruise Line were worth $59,385,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. TimesSquare Capital Management LLC raised its stake in Norwegian Cruise Line by 5.0% during the fourth 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 period. Citigroup Inc. raised its stake in Norwegian Cruise Line by 341.3% during the third quarter. Citigroup Inc. now owns 2,119,090 shares of the company’s stock worth $52,193,000 after purchasing an additional 1,638,889 shares during the period. WINTON GROUP Ltd raised its stake in Norwegian Cruise Line by 1,411.6% during the third quarter. WINTON GROUP Ltd now owns 363,090 shares of the company’s stock worth $8,943,000 after purchasing an additional 339,070 shares during the period. Channing Capital Management LLC purchased a new position in Norwegian Cruise Line during the third quarter worth about $8,592,000. Finally, Victory Capital Management Inc. raised its stake in Norwegian Cruise Line by 28.2% during the third quarter. Victory Capital Management Inc. now owns 2,048,191 shares of the company’s stock worth $50,447,000 after purchasing an additional 450,951 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock opened at $19.46 on Friday. The company’s 50 day simple moving average is $18.19 and its 200-day simple moving average is $20.30. The company has a market capitalization of $8.93 billion, a price-to-earnings ratio of 16.35, a price-to-earnings-growth ratio of 1.21 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 debt-to-equity ratio of 5.75, a quick ratio of 0.18 and a current ratio of 0.21.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings results on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. The business had revenue of $2.33 billion for 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 business’s revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.07 EPS. 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. As a group, equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analysts Set New Price Targets

NCLH has been the topic of a number of analyst reports. Mizuho reduced their target price on shares of Norwegian Cruise Line from $27.00 to $24.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 5th. Morgan Stanley reduced their target price on shares of Norwegian Cruise Line from $23.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 5th. Barclays reduced their target price on shares of Norwegian Cruise Line from $21.00 to $19.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 5th. JPMorgan Chase & Co. reduced their target price on shares of Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating on the stock in a research note on Monday, April 27th. Finally, Northcoast Research downgraded shares of Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $20.95.

Insider Activity at Norwegian Cruise Line

In related news, Director Stephen G. Pagliuca purchased 685,000 shares of Norwegian Cruise Line stock in a transaction dated Tuesday, June 2nd. The shares were acquired at an average cost of $18.06 per share, with a total value of $12,371,100.00. Following the purchase, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jonathan Z. Cohen acquired 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average price of $15.83 per share, with a total value of $474,900.00. Following the acquisition, the director directly owned 38,912 shares of the company’s stock, valued at approximately $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 valued at $28,493,204 over the last 90 days. Insiders own 0.41% of the company’s stock.

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.