Callan Family Office LLC Makes New Investment in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Callan Family Office LLC made a new investment in Norwegian Cruise Line Holdings Ltd., acquiring 12,419 shares valued at approximately $252,000 during the second quarter.
• Norwegian Cruise Line reported $0.51 earnings per share for the last quarter, slightly missing analysts' estimates while revenue increased by 6.1% year-over-year.
• The stock has garnered positive sentiment from analysts, with several raising their price targets, resulting in a consensus rating of "Moderate Buy" and a target price of $27.80.

Callan Family Office LLC bought a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,419 shares of the company's stock, valued at approximately $252,000.

Other institutional investors also recently modified their holdings of the company. Ariel Investments LLC raised its position in shares of Norwegian Cruise Line by 126.8% during the first quarter. Ariel Investments LLC now owns 9,081,170 shares of the company's stock worth $172,179,000 after purchasing an additional 5,077,531 shares during the period. 59 North Capital Management LP acquired a new position in shares of Norwegian Cruise Line in the 1st quarter valued at approximately $69,877,000. Invesco Ltd. increased its stake in Norwegian Cruise Line by 22.7% during the 1st 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 in the last quarter. Atreides Management LP acquired a new stake in Norwegian Cruise Line during the 1st quarter worth approximately $30,781,000. Finally, Nuveen LLC bought a new position in Norwegian Cruise Line in the first quarter valued at approximately $18,427,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH opened at $22.86 on Friday. The firm has a 50 day moving average of $24.67 and a 200-day moving average of $21.25. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. 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 stock has a market capitalization of $10.33 billion, a PE ratio of 15.77, a PEG ratio of 1.03 and a beta of 2.21.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted 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 company had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The company's revenue for the quarter 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, equities research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Analysts Set New Price Targets

NCLH has been the subject of several research reports. Stifel Nicolaus raised their price target on shares of Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a "buy" rating in a research note on Thursday, September 11th. Wall Street Zen raised shares of Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research report on Friday, July 18th. TD Cowen initiated coverage on shares of Norwegian Cruise Line in a research note on Tuesday, July 22nd. They issued a "buy" rating and a $31.00 price target on the stock. Citigroup increased their price objective on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a "buy" rating in a research note on Wednesday, July 16th. Finally, Tigress Financial lifted their target price on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a "strong-buy" rating in a research report on Wednesday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of "Moderate Buy" and a consensus target price of $27.80.

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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