Norwegian Cruise Line Holdings Ltd. $NCLH Shares Sold by CreativeOne Wealth LLC

Key Points

• CreativeOne Wealth LLC reduced its stake in Norwegian Cruise Line Holdings Ltd. by 53.3%, now holding 13,961 shares valued at $265,000, according to their latest SEC filing.
• Numerous hedge funds, including Vanguard and Invesco, have increased their holdings in Norwegian Cruise Line, indicating strong institutional interest with 69.58% of the stock owned by institutional investors.
• Analysts have set an average price target of $27.50 for Norwegian Cruise Line, with ratings ranging from “Strong Buy” to “Hold” as they adjust their outlook based on recent earnings results.

CreativeOne Wealth LLC trimmed its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 53.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,961 shares of the company's stock after selling 15,959 shares during the quarter. CreativeOne Wealth LLC's holdings in Norwegian Cruise Line were worth $265,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in 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 worth $197,843,000 after acquiring an additional 3,824,600 shares in the last quarter. Voloridge Investment Management LLC lifted its holdings in shares of Norwegian Cruise Line by 3,403.3% during 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 in the last quarter. Invesco Ltd. lifted 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 valued at $217,615,000 after purchasing an additional 2,122,501 shares in the last quarter. Nuveen LLC bought a new position in shares of Norwegian Cruise Line during the first quarter valued at $18,427,000. Finally, Driehaus Capital Management LLC bought a new position in shares of Norwegian Cruise Line during the fourth quarter valued at $19,677,000. 69.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on NCLH shares. Bank of America increased their target price on Norwegian Cruise Line from $20.00 to $27.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Tigress Financial upped their price target on Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a "strong-buy" rating in a research report on Wednesday, August 27th. Jefferies Financial Group upped their price target on Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. TD Cowen assumed coverage on Norwegian Cruise Line in a research report on Tuesday, July 22nd. They set a "buy" rating and a $31.00 target price for the company. Finally, Citigroup increased 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. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $27.50.

Norwegian Cruise Line Trading Up 0.3%

NCLH traded up $0.07 during trading on Friday, hitting $25.66. 14,670,848 shares of the stock were exchanged, compared to its average volume of 12,377,749. The firm has a 50 day simple moving average of $23.80 and a 200 day simple moving average of $20.51. The firm has a market cap of $11.59 billion, a price-to-earnings ratio of 17.69, a P/E/G ratio of 1.16 and a beta of 2.19. 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 debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18.

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