Empowered Funds LLC Makes New Investment in Norwegian Cruise Line Holdings Ltd. $NCLH

Empowered Funds LLC acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 660,968 shares of the company’s stock, valued at approximately $13,404,000.

Several other institutional investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its holdings in Norwegian Cruise Line by 0.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,581,365 shares of the company’s stock worth $67,903,000 after buying an additional 33,549 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Norwegian Cruise Line by 1.2% during the 1st 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 in the last quarter. LBP AM SA raised its position in shares of Norwegian Cruise Line by 138.1% during the 2nd quarter. LBP AM SA now owns 452,917 shares of the company’s stock worth $9,185,000 after acquiring an additional 262,714 shares in the last quarter. Hussman Strategic Advisors Inc. purchased a new stake in Norwegian Cruise Line during the second quarter worth approximately $3,407,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in Norwegian Cruise Line by 35.3% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 55,477 shares of the company’s stock valued at $1,045,000 after purchasing an additional 14,486 shares in the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Price Performance

Shares of NCLH opened at $17.83 on Wednesday. The company has a market capitalization of $8.12 billion, a price-to-earnings ratio of 12.30, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. 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 50-day simple moving average of $22.91 and a 200-day simple moving average of $22.00. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings data 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. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The company had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. On average, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on NCLH. TD Cowen started coverage on shares of Norwegian Cruise Line in a report on Tuesday, July 22nd. They set a “buy” rating and a $31.00 price objective on the stock. UBS Group lifted 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. The Goldman Sachs Group decreased their price objective on shares of Norwegian Cruise Line from $27.00 to $23.00 and set a “buy” rating for the company in a research note on Tuesday, November 11th. Stifel Nicolaus lifted their target price on Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, September 11th. Finally, Zacks Research cut Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and a consensus price target of $28.37.

Insider Transactions at Norwegian Cruise Line

In other news, insider Jason Montague acquired 13,400 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were bought at an average cost of $18.81 per share, with a total value of $252,054.00. Following the purchase, the insider owned 13,400 shares of the company’s stock, valued at $252,054. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Zillah Byng-Thorne acquired 29,008 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were purchased at an average price of $18.11 per share, with a total value of $525,334.88. Following the transaction, the director owned 66,017 shares in the company, valued at $1,195,567.87. The trade was a 78.38% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 90,029 shares of company stock worth $1,663,575 over the last quarter. 0.41% of the stock is currently owned by corporate insiders.

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.