Norwegian Cruise Line Holdings Ltd. $NCLH Shares Sold by KBC Group NV

KBC Group NV decreased its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 35.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,833 shares of the company’s stock after selling 6,390 shares during the period. KBC Group NV’s holdings in Norwegian Cruise Line were worth $240,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sentry Investment Management LLC acquired a new stake in shares of Norwegian Cruise Line in the second quarter valued at approximately $31,000. New Age Alpha Advisors LLC acquired a new stake in Norwegian Cruise Line during the 1st quarter worth $33,000. Hantz Financial Services Inc. grew its position in Norwegian Cruise Line by 133.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock worth $46,000 after purchasing an additional 1,305 shares during the last quarter. Parallel Advisors LLC increased its stake in Norwegian Cruise Line by 43.6% in the second quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock valued at $58,000 after purchasing an additional 874 shares during the period. Finally, SVB Wealth LLC purchased a new stake in shares of Norwegian Cruise Line in the first quarter valued at about $56,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Insider Transactions at Norwegian Cruise Line

In related news, Director Harry C. Curtis purchased 5,000 shares of Norwegian Cruise Line stock in a transaction dated Friday, November 7th. The stock was bought at an average cost of $19.25 per share, for a total transaction of $96,250.00. Following the transaction, the director owned 50,325 shares in the company, valued at approximately $968,756.25. The trade was a 11.03% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Zillah Byng-Thorne purchased 29,008 shares of the firm’s stock in a transaction dated Thursday, November 6th. The shares were purchased at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the purchase, the director directly owned 66,017 shares in the company, valued at approximately $1,195,567.87. This represents 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 have acquired 90,029 shares of company stock valued at $1,663,575. 0.41% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NCLH. Weiss Ratings reissued a “hold (c)” rating on shares of Norwegian Cruise Line in a report on Wednesday, October 8th. UBS Group lifted their target price on Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday, August 26th. Truist Financial boosted their target price on Norwegian Cruise Line from $27.00 to $31.00 and gave the company a “buy” rating in a report on Friday, September 19th. TD Cowen began coverage on Norwegian Cruise Line in a report on Tuesday, July 22nd. They set a “buy” rating and a $31.00 price target for the company. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $28.37.

Norwegian Cruise Line Stock Up 1.7%

Norwegian Cruise Line stock opened at $17.83 on Wednesday. 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 Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. The company has a market cap of $8.12 billion, a PE ratio of 12.30, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. The stock’s 50 day moving average price is $22.91 and its 200 day moving average price is $22.00.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm 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, sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

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.