American Century Companies Inc. Raises Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• American Century Companies Inc. increased its stake in Norwegian Cruise Line Holdings Ltd. by 43.1%, owning approximately 1.29 million shares valued at $24.46 million.
• Norwegian Cruise Line reported earnings per share of $0.51 for the most recent quarter, which was slightly below the consensus estimate of $0.52, with a net margin of 7.52% and a year-over-year revenue growth of 6.1%.
• Analysts have a current average rating of Moderate Buy for Norwegian Cruise Line's stock, with a consensus target price of $27.20 following several recent upgrades.

American Century Companies Inc. lifted its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 43.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,289,897 shares of the company's stock after buying an additional 388,531 shares during the quarter. American Century Companies Inc. owned approximately 0.29% of Norwegian Cruise Line worth $24,456,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Granahan Investment Management LLC acquired a new position in shares of Norwegian Cruise Line during the 4th quarter worth approximately $7,634,000. Janney Montgomery Scott LLC acquired a new position in shares of Norwegian Cruise Line during the 1st quarter worth approximately $1,645,000. New Wave Wealth Advisors LLC raised its stake in shares of Norwegian Cruise Line by 5,467.9% during the 1st quarter. New Wave Wealth Advisors LLC now owns 18,374 shares of the company's stock worth $348,000 after buying an additional 18,044 shares during the period. Deutsche Bank AG raised its stake in shares of Norwegian Cruise Line by 41.4% during the 4th quarter. Deutsche Bank AG now owns 1,881,398 shares of the company's stock worth $48,408,000 after buying an additional 551,251 shares during the period. Finally, Graham Capital Management L.P. raised its stake in shares of Norwegian Cruise Line by 155.8% during the 4th quarter. Graham Capital Management L.P. now owns 249,104 shares of the company's stock worth $6,409,000 after buying an additional 151,705 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Up 0.4%

NYSE:NCLH traded up $0.10 during trading hours on Wednesday, hitting $24.86. The company had a trading volume of 4,852,203 shares, compared to its average volume of 14,082,271. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. The company has a 50-day moving average of $22.82 and a 200 day moving average of $20.59. The company has a market cap of $11.23 billion, a P/E ratio of 17.11, a P/E/G ratio of 1.12 and a beta of 2.24. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company had revenue of $2.52 billion during the quarter, compared to analysts' expectations of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The firm's quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.40 earnings per share. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Sell-side analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analysts Set New Price Targets

NCLH has been the subject of several research analyst reports. UBS Group upped their target price on Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a "neutral" rating in a research note on Tuesday. Barclays increased their price objective on Norwegian Cruise Line from $25.00 to $31.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Macquarie reduced their price objective on Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating for the company in a research note on Friday, May 9th. Citigroup increased their price objective on Norwegian Cruise Line from $25.00 to $30.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Finally, Wall Street Zen raised Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research note on Friday, July 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $27.50.

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.