Norwegian Cruise Line Holdings Ltd. $NCLH is Goldentree Asset Management LP’s 3rd Largest Position

Goldentree Asset Management LP raised its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 23.9% in the second quarter, Holdings Channel.com reports. The fund owned 3,997,792 shares of the company’s stock after buying an additional 771,955 shares during the quarter. Norwegian Cruise Line comprises approximately 7.8% of Goldentree Asset Management LP’s holdings, making the stock its 3rd largest position. Goldentree Asset Management LP’s holdings in Norwegian Cruise Line were worth $80,908,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in NCLH. EverSource Wealth Advisors LLC increased its holdings in Norwegian Cruise Line by 2.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 21,908 shares of the company’s stock valued at $444,000 after purchasing an additional 493 shares in the last quarter. AdvisorShares Investments LLC increased its position in shares of Norwegian Cruise Line by 12.0% in the 2nd quarter. AdvisorShares Investments LLC now owns 5,377 shares of the company’s stock worth $109,000 after purchasing an additional 577 shares during the last quarter. Omnia Family Wealth LLC raised its stake in Norwegian Cruise Line by 3.9% during the second quarter. Omnia Family Wealth LLC now owns 15,410 shares of the company’s stock valued at $313,000 after buying an additional 583 shares in the last quarter. Brooklyn Investment Group raised its position in shares of Norwegian Cruise Line by 22.0% during the 1st quarter. Brooklyn Investment Group now owns 3,394 shares of the company’s stock valued at $64,000 after acquiring an additional 613 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of Norwegian Cruise Line by 23.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,368 shares of the company’s stock worth $68,000 after purchasing an additional 632 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Harry Sommer bought 25,000 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were purchased at an average price of $18.52 per share, for a total transaction of $463,000.00. Following the acquisition, the chief executive officer directly owned 720,728 shares of the company’s stock, valued at $13,347,882.56. The trade was a 3.59% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Jason Montague acquired 13,400 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The shares were acquired at an average cost of $18.81 per share, with a total value of $252,054.00. Following the transaction, the insider directly owned 13,400 shares in the company, valued at $252,054. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 90,029 shares of company stock worth $1,663,575 in the last three months. 0.41% of the stock is owned by insiders.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH opened at $19.08 on Tuesday. The business’s 50-day moving average price is $20.91 and its two-hundred day moving average price is $22.01. 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 market capitalization of $8.69 billion, a P/E ratio of 14.03, a price-to-earnings-growth ratio of 0.60 and a beta of 2.11. 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 (NYSE:NCLH) last posted its earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. Analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on NCLH shares. Morgan Stanley cut their price target on Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, November 10th. UBS Group upped their price target on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 26th. Barclays decreased their target price on Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Wells Fargo & Company reduced their target price on shares of Norwegian Cruise Line from $30.00 to $29.00 and set an “overweight” rating for the company in a report on Monday, December 1st. Finally, Tigress Financial lifted their price target on Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, August 27th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Norwegian Cruise Line has an average rating of “Moderate Buy” and an average target price of $27.95.

Norwegian Cruise Line 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.