Ethic Inc. Has $720,000 Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Ethic Inc. raised its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 84.1% in the 1st quarter, HoldingsChannel reports. The fund owned 37,772 shares of the company’s stock after buying an additional 17,254 shares during the quarter. Ethic Inc.’s holdings in Norwegian Cruise Line were worth $720,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Granahan Investment Management LLC acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at about $7,634,000. Janney Montgomery Scott LLC acquired a new stake in Norwegian Cruise Line in the 1st quarter valued at about $1,645,000. New Wave Wealth Advisors LLC grew its position in shares of Norwegian Cruise Line by 5,467.9% during the 1st 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 period. Deutsche Bank AG grew its position in shares of Norwegian Cruise Line by 41.4% during the 4th quarter. Deutsche Bank AG now owns 1,881,398 shares of the company’s stock worth $48,408,000 after buying an additional 551,251 shares during the period. Finally, Graham Capital Management L.P. grew its position in shares of Norwegian Cruise Line by 155.8% during the 4th quarter. Graham Capital Management L.P. now owns 249,104 shares of the company’s stock worth $6,409,000 after buying an additional 151,705 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Down 2.4%

Norwegian Cruise Line stock opened at $23.8350 on Thursday. The company’s 50 day simple moving average is $22.33 and its 200 day simple moving average is $20.73. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The firm has a market capitalization of $10.77 billion, a price-to-earnings ratio of 16.44, a PEG ratio of 1.11 and a beta of 2.24. 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 (NYSE:NCLH) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the previous year, the business earned $0.40 EPS. The firm’s revenue was up 6.1% compared to the same quarter last year. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. As a group, sell-side analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on NCLH shares. Mizuho lifted their price target on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. The Goldman Sachs Group lowered their price target on shares of Norwegian Cruise Line from $31.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, April 23rd. UBS Group lowered their price target on shares of Norwegian Cruise Line from $29.00 to $23.00 and set a “neutral” rating for the company in a research report on Monday, June 30th. Susquehanna lifted their price target on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. Finally, Jefferies Financial Group lifted their price target on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a “buy” rating in a research report on Monday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $27.20.

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.