Baird Financial Group Inc. Grows Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Baird Financial Group Inc. increased its holdings in Norwegian Cruise Line Holdings by 1,647.6%, owning 339,339 shares valued at approximately $6.43 million following a purchase of 319,922 shares.
• Norwegian Cruise Line's stock is currently trading at $25.33, with a market capitalization of $11.45 billion and a P/E ratio of 17.47.
• Analysts have mixed ratings on the stock with a consensus rating of "Moderate Buy" and an average price target of $27.50, reflecting a range of growth expectations from various research firms.

Baird Financial Group Inc. raised its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 1,647.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 339,339 shares of the company's stock after buying an additional 319,922 shares during the period. Baird Financial Group Inc. owned about 0.08% of Norwegian Cruise Line worth $6,434,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of NCLH. Two Sigma Advisers LP boosted its holdings in Norwegian Cruise Line by 99.0% in the fourth quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company's stock valued at $197,843,000 after purchasing an additional 3,824,600 shares during the period. Voloridge Investment Management LLC boosted its holdings in Norwegian Cruise Line by 3,403.3% in the fourth quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company's stock valued at $86,828,000 after purchasing an additional 3,278,249 shares during the period. Invesco Ltd. boosted its holdings in Norwegian Cruise Line by 22.7% in the first quarter. Invesco Ltd. now owns 11,477,606 shares of the company's stock valued at $217,615,000 after purchasing an additional 2,122,501 shares during the period. Nuveen LLC purchased a new position in Norwegian Cruise Line in the first quarter valued at $18,427,000. Finally, Driehaus Capital Management LLC purchased a new position in Norwegian Cruise Line in the fourth quarter valued at $19,677,000. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Up 2.4%

NCLH opened at $25.33 on Thursday. The business's 50-day simple moving average is $23.57 and its 200-day simple moving average is $20.57. 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 Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The stock has a market capitalization of $11.45 billion, a P/E ratio of 17.47, a price-to-earnings-growth ratio of 1.13 and a beta of 2.19.

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

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NCLH. Macquarie decreased their target price on Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Barclays lifted their price target on Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Susquehanna lifted their price target on Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. Tigress Financial lifted their price target on Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a "strong-buy" rating in a report on Wednesday, August 27th. Finally, Mizuho lifted their price target on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus 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.

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