Signature Estate & Investment Advisors LLC boosted its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 14.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,407 shares of the company’s stock after buying an additional 2,555 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Norwegian Cruise Line were worth $414,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. New Age Alpha Advisors LLC purchased a new position in Norwegian Cruise Line in the 1st quarter valued at $33,000. Bogart Wealth LLC grew its position in Norwegian Cruise Line by 1,012.0% in the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock valued at $42,000 after buying an additional 2,024 shares during the last quarter. SVB Wealth LLC purchased a new position in Norwegian Cruise Line in the 1st quarter valued at $56,000. Parallel Advisors LLC grew its position in Norwegian Cruise Line by 43.6% in the 2nd quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock valued at $58,000 after buying an additional 874 shares during the last quarter. Finally, Brooklyn Investment Group grew its position in Norwegian Cruise Line by 22.0% in the 1st quarter. Brooklyn Investment Group now owns 3,394 shares of the company’s stock valued at $64,000 after buying an additional 613 shares during the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
NCLH has been the topic of several research analyst reports. Jefferies Financial Group boosted their target price 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. TD Cowen initiated coverage on shares of 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. Barclays boosted their target price on shares of Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Morgan Stanley boosted their target price on shares of Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Monday, August 4th. Finally, Mizuho boosted their target price 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. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $27.80.
Norwegian Cruise Line Trading Up 1.4%
Shares of NCLH stock opened at $23.26 on Tuesday. The firm has a 50-day moving average price of $24.64 and a 200 day moving average price of $21.38. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The company has a market capitalization of $10.51 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 1.00 and a beta of 2.21. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its earnings results 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 net margin of 7.52% and a return on equity of 59.88%. The firm had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same period in the previous year, the firm posted $0.40 EPS. The company’s revenue for the quarter 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. Research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.
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.
Recommended Stories
- Five stocks we like better than Norwegian Cruise Line
- What is MarketRank™? How to Use it
- Louis Vuitton Earnings Show Luxury Bull Market Isn’t Done Yet
- Comparing and Trading High PE Ratio Stocks
- 3 High-Yield Banks for Investors to Buy on the Dip
- How is Compound Interest Calculated?
- 5 Surprising Stocks Set to Benefit From a Future Robotics Boom
Receive News & Ratings for Norwegian Cruise Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line and related companies with MarketBeat.com's FREE daily email newsletter.
