UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 6.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,536,708 shares of the company’s stock after purchasing an additional 92,772 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC’s holdings in Norwegian Cruise Line were worth $29,136,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings 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 acquiring an additional 653,279 shares during the period. Invesco Ltd. grew its holdings 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 acquiring an additional 2,122,501 shares during the period. Ariel Investments LLC grew its holdings 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 acquiring an additional 5,077,531 shares during the period. Two Sigma Advisers LP grew its holdings in Norwegian Cruise Line by 99.0% during the fourth quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company’s stock worth $197,843,000 after acquiring an additional 3,824,600 shares during the period. Finally, Northern Trust Corp grew its holdings 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 acquiring an additional 109,396 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.
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Analyst Upgrades and Downgrades
A number of analysts have commented on NCLH shares. TD Cowen started coverage on Norwegian Cruise Line in a research report on Tuesday, July 22nd. They set a “buy” rating and a $31.00 target price on the stock. Truist Financial decreased their target price on Norwegian Cruise Line from $35.00 to $27.00 and set a “buy” rating on the stock in a research report on Monday, May 19th. Citigroup boosted their target price on Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Bank of America boosted their target price on Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Finally, Tigress Financial boosted their target price on Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, August 27th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.60.
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Norwegian Cruise Line Trading Down 2.4%
Shares of NCLH opened at $26.02 on Tuesday. The company has a market capitalization of $11.76 billion, a P/E ratio of 17.94, a P/E/G ratio of 1.20 and a beta of 2.19. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18. The stock has a 50-day moving average price of $24.34 and a 200 day moving average price of $20.55.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The company’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the business 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. 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
(Free Report)
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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Norwegian Cruise Line Holdings Ltd. $NCLH Shares Bought by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC
