Credit Agricole S A Cuts Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Credit Agricole S A has reduced its stake in Norwegian Cruise Line Holdings Ltd. by 12.7%, selling 24,491 shares during the first quarter, which brings its total holdings to 168,685 shares valued at approximately $3.2 million.
• Institutional investors now own 69.58% of Norwegian Cruise Line's stock, with notable recent purchases by firms such as Raiffeisen Bank International AG and Bogart Wealth LLC, the latter increasing their stake by 1,012%.
• Norwegian Cruise Line's recent quarterly earnings reported an EPS of $0.51, slightly missing the consensus estimate, while the company has a debt-to-equity ratio of 8.05 and an average target price from analysts of $27.20.

Credit Agricole S A reduced its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 12.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 168,685 shares of the company's stock after selling 24,491 shares during the quarter. Credit Agricole S A's holdings in Norwegian Cruise Line were worth $3,198,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brooklyn Investment Group boosted its position in shares of Norwegian Cruise Line by 22.0% during the 1st quarter. Brooklyn Investment Group now owns 3,394 shares of the company's stock valued at $64,000 after acquiring an additional 613 shares during the last quarter. Burns Matteson Capital Management LLC boosted its position in shares of Norwegian Cruise Line by 4.0% during the 1st quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company's stock valued at $334,000 after acquiring an additional 677 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of Norwegian Cruise Line by 0.3% during the 1st quarter. Hsbc Holdings PLC now owns 231,447 shares of the company's stock valued at $4,370,000 after acquiring an additional 684 shares during the last quarter. Allworth Financial LP boosted its position in shares of Norwegian Cruise Line by 19.1% during the 1st quarter. Allworth Financial LP now owns 4,690 shares of the company's stock valued at $89,000 after acquiring an additional 753 shares during the last quarter. Finally, CWM LLC boosted its position in shares of Norwegian Cruise Line by 4.0% during the 1st quarter. CWM LLC now owns 22,650 shares of the company's stock valued at $429,000 after acquiring an additional 865 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on NCLH. Macquarie lowered their price target on Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating for the company in a research report on Friday, May 9th. TD Cowen began coverage on Norwegian Cruise Line in a research report on Tuesday, July 22nd. They issued a "buy" rating and a $31.00 price target for the company. Loop Capital lowered their price target on Norwegian Cruise Line from $25.00 to $24.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Jefferies Financial Group raised 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. Finally, UBS Group raised their price target on Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a "neutral" rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Norwegian Cruise Line has a consensus rating of "Moderate Buy" and an average price target of $27.50.

Norwegian Cruise Line Trading Up 1.9%

NCLH stock traded up $0.49 during midday trading on Thursday, reaching $25.37. The company's stock had a trading volume of 10,008,115 shares, compared to its average volume of 14,083,855. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18. The stock has a fifty day simple moving average of $22.95 and a two-hundred day simple moving average of $20.62. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The firm has a market capitalization of $11.46 billion, a price-to-earnings ratio of 17.53, a PEG ratio of 1.12 and a beta of 2.24.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its 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). Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The business had revenue of $2.52 billion during the quarter, compared to analysts' expectations of $2.55 billion. During the same quarter in the previous year, the business earned $0.40 EPS. The business'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. On average, equities research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Norwegian Cruise Line 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.