Readystate Asset Management LP Lowers Stock Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Readystate Asset Management LP trimmed its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 67.3% during the third quarter, HoldingsChannel.com reports. The fund owned 12,119 shares of the company’s stock after selling 24,902 shares during the period. Readystate Asset Management LP’s holdings in Norwegian Cruise Line were worth $298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Integrated Wealth Concepts LLC grew its position in Norwegian Cruise Line by 26.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company’s stock worth $439,000 after purchasing an additional 4,872 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Norwegian Cruise Line by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company’s stock worth $917,000 after buying an additional 2,002 shares during the period. Woodline Partners LP grew its holdings in shares of Norwegian Cruise Line by 40.7% during the first quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock worth $704,000 after buying an additional 10,743 shares during the last quarter. CWM LLC grew its holdings in shares of Norwegian Cruise Line by 17.7% during the second quarter. CWM LLC now owns 26,651 shares of the company’s stock worth $540,000 after buying an additional 4,001 shares during the last quarter. Finally, TD Asset Management Inc increased its position in Norwegian Cruise Line by 4.7% in the 2nd quarter. TD Asset Management Inc now owns 81,425 shares of the company’s stock valued at $1,651,000 after acquiring an additional 3,692 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. TD Cowen reaffirmed a “buy” rating on shares of Norwegian Cruise Line in a research report on Tuesday, January 13th. Susquehanna cut their price target on Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, November 12th. Zacks Research downgraded Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Wells Fargo & Company boosted their price objective on shares of Norwegian Cruise Line from $29.00 to $33.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Finally, Bank of America upped their price objective on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, Norwegian Cruise Line has an average rating of “Moderate Buy” and an average target price of $26.32.

Key Headlines Impacting Norwegian Cruise Line

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: Elliott disclosed a stake exceeding 10% and is pushing for board changes and operational reforms — the announcement is the primary catalyst for recent buying, suggesting potential governance-driven value creation. Elliott builds over 10% stake in Norwegian Cruise, seeks board change
• Positive Sentiment: Market reaction included a sharp intraday rally (double-digit move on the initial news) as traders repositioned for a potential turnaround and governance overhaul. Norwegian Cruise (NCLH) Soars 12 as Activist Firm Buys Stake
• Positive Sentiment: Elliott has sent a letter and presentation outlining specific changes it wants at NCLH (strategy, cost cuts, capital allocation), which provides a concrete playbook investors can evaluate. Elliott Sends Letter and Presentation Pushing Big Changes at NCLH
• Neutral Sentiment: NCLH is continuing fleet investments (orders for three new ships), a signal of long-term capacity/brand plans but also higher capex commitments to monitor. NCLH orders three new ships
• Neutral Sentiment: Analysts and commentators are re-evaluating whether the stock price reflects the sector recovery and the company’s turnaround potential — watch earnings, yield trends and booking data for confirmation. Is Norwegian Cruise Line Holdings (NCLH) Pricing Reflect The Ongoing Cruise Sector Recovery
• Negative Sentiment: Research notes significant execution risks: Citi flagged that Elliott’s ambitions face major hurdles (operational fixes, cost structure, and governance changes may be difficult and time-consuming). That raises uncertainty about the speed and size of any value uplift. Elliott Management’s ambitious goal for Norwegian Cruise Line faces major hurdles—Citi Research
• Negative Sentiment: Potential proxy fight and the company’s high leverage/cost base pose downside risks — activist campaigns can be disruptive and may lead to contested board fights or near-term volatility. Activist Elliott Builds Big Stake in Norwegian Cruise Line

Norwegian Cruise Line Trading Up 1.0%

Shares of NCLH stock opened at $24.34 on Thursday. The business’s fifty day moving average price is $22.50 and its 200 day moving average price is $22.61. The firm has a market capitalization of $11.08 billion, a PE ratio of 17.90, a P/E/G ratio of 0.60 and a beta of 2.06. The company has a debt-to-equity ratio of 6.22, a current ratio of 0.19 and a quick ratio of 0.17. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $27.18.

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.