Applied Finance Capital Management LLC Buys Shares of 11,712 Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Applied Finance Capital Management LLC acquired 11,712 shares of Norwegian Cruise Line Holdings Ltd., valued at approximately $238,000, in a recent filing with the SEC.
• Institutions now own 69.58% of Norwegian Cruise Line's stock, with other large investors like Ariel Investments and Invesco also increasing their holdings significantly.
• The company reported $0.51 earnings per share for the last quarter, slightly missing analyst estimates, with revenues of $2.52 billion and a 6.1% year-over-year increase in revenue.

Applied Finance Capital Management LLC purchased a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,712 shares of the company's stock, valued at approximately $238,000.

A number of other large investors also recently modified their holdings of the company. Ariel Investments LLC grew its position in Norwegian Cruise Line by 126.8% during the 1st quarter. Ariel Investments LLC now owns 9,081,170 shares of the company's stock worth $172,179,000 after acquiring an additional 5,077,531 shares during the last quarter. 59 North Capital Management LP acquired a new stake in shares of Norwegian Cruise Line during the first quarter valued at about $69,877,000. Invesco Ltd. grew its holdings in shares of Norwegian Cruise Line by 22.7% during the first quarter. Invesco Ltd. now owns 11,477,606 shares of the company's stock worth $217,615,000 after purchasing an additional 2,122,501 shares during the last quarter. Atreides Management LP acquired a new position in shares of Norwegian Cruise Line in the first quarter valued at approximately $30,781,000. Finally, Nuveen LLC acquired a new position in shares of Norwegian Cruise Line in the first quarter valued at approximately $18,427,000. 69.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. TD Cowen assumed coverage on shares of Norwegian Cruise Line in a research report on Tuesday, July 22nd. They set a "buy" rating and a $31.00 target price on the stock. Wall Street Zen upgraded shares of Norwegian Cruise Line from a "sell" rating to a "hold" rating in a report on Friday, July 18th. Weiss Ratings restated a "hold (c)" rating on shares of Norwegian Cruise Line in a report on Wednesday, October 8th. Citigroup raised their target price on Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Finally, Susquehanna upped their price target on Norwegian Cruise Line from $18.00 to $25.00 and gave the company a "neutral" rating in a research report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $27.80.

Norwegian Cruise Line Price Performance

NCLH stock opened at $22.94 on Friday. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05. The firm has a market cap of $10.37 billion, a price-to-earnings ratio of 15.82, a PEG ratio of 1.00 and a beta of 2.21. The company's fifty day simple moving average is $24.65 and its 200 day simple moving average is $21.29. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). The business had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.55 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The business's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. On average, analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

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.

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