Norwegian Cruise Line Holdings Ltd. $NCLH Stock Position Raised by Deltec Asset Management LLC

Deltec Asset Management LLC lifted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 59.0% during the third quarter, Holdings Channel reports. The firm owned 490,300 shares of the company’s stock after purchasing an additional 182,000 shares during the quarter. Norwegian Cruise Line makes up approximately 2.0% of Deltec Asset Management LLC’s portfolio, making the stock its 12th largest holding. Deltec Asset Management LLC’s holdings in Norwegian Cruise Line were worth $12,076,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of NCLH. MUFG Securities EMEA plc acquired a new stake in Norwegian Cruise Line during the 2nd quarter worth about $26,000. Sentry Investment Management LLC purchased a new position in shares of Norwegian Cruise Line in the second quarter worth approximately $31,000. Laurel Wealth Advisors LLC raised its holdings in shares of Norwegian Cruise Line by 1,928.0% during the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after acquiring an additional 1,928 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of Norwegian Cruise Line by 133.3% during the second quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after acquiring an additional 1,305 shares during the period. Finally, Parallel Advisors LLC lifted its position in shares of 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 acquiring an additional 874 shares in the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH opened at $24.53 on Friday. 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 one year low of $14.21 and a one year high of $29.29. The business’s 50-day moving average price is $20.41 and its two-hundred day moving average price is $22.65. The company has a market capitalization of $11.17 billion, a P/E ratio of 18.04, a price-to-earnings-growth ratio of 0.60 and a beta of 2.07.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $3.03 billion. Norwegian Cruise Line had a return on equity of 55.51% and a net margin of 6.85%.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.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Wednesday, October 8th. The Goldman Sachs Group downgraded Norwegian Cruise Line from a “buy” rating to a “neutral” rating and lowered their price target for the company from $23.00 to $21.00 in a report on Tuesday, December 9th. Morgan Stanley reduced their price objective on Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, November 10th. JPMorgan Chase & Co. decreased their price objective on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Finally, Wells Fargo & Company dropped their target price on Norwegian Cruise Line from $30.00 to $29.00 and set an “overweight” rating on the stock in a report on Monday, December 1st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $27.37.

Insider Buying and Selling

In other Norwegian Cruise Line news, Director Harry C. Curtis acquired 5,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Friday, November 7th. The stock was acquired at an average price of $19.25 per share, with a total value of $96,250.00. Following the purchase, the director owned 50,325 shares in the company, valued at approximately $968,756.25. This trade represents a 11.03% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Zillah Byng-Thorne bought 29,008 shares of the stock in a transaction on Thursday, November 6th. The shares were acquired at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the completion of the transaction, the director directly owned 66,017 shares of the company’s stock, valued at approximately $1,195,567.87. The trade was a 78.38% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders purchased 90,029 shares of company stock valued at $1,663,575. 0.41% of the stock is owned by company insiders.

Norwegian Cruise Line 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.