Deltec Asset Management LLC Reduces Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Deltec Asset Management cut its stake in Norwegian Cruise Line by 29.9%, selling 146,667 shares to leave 343,633 shares valued at about $7.67 million, which equals 1.3% of Deltec’s portfolio and roughly 0.08% of NCLH outstanding.
• Other institutional investors largely added to positions—Integrated Wealth Concepts, MIRAE, Woodline, Jump Financial and CalPERS among them—bringing total institutional ownership to about 69.58%.
• Norwegian Cruise Line reported Q results of $0.28 EPS (beating estimates) on $2.24B revenue (below estimates), set FY2026 guidance at 2.38 EPS, and carries a consensus analyst rating of “Moderate Buy” with an average price target of $24.78.

Deltec Asset Management LLC lowered its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 29.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 343,633 shares of the company's stock after selling 146,667 shares during the quarter. Norwegian Cruise Line comprises 1.3% of Deltec Asset Management LLC's investment portfolio, making the stock its 17th biggest holding. Deltec Asset Management LLC owned about 0.08% of Norwegian Cruise Line worth $7,670,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in NCLH. Integrated Wealth Concepts LLC increased its holdings in shares of Norwegian Cruise Line by 26.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company's stock valued at $439,000 after acquiring an additional 4,872 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Norwegian Cruise Line by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company's stock valued at $917,000 after acquiring an additional 2,002 shares during the last quarter. Woodline Partners LP increased its holdings in shares of Norwegian Cruise Line by 40.7% in the 1st quarter. Woodline Partners LP now owns 37,149 shares of the company's stock valued at $704,000 after acquiring an additional 10,743 shares during the last quarter. Jump Financial LLC increased its holdings in shares of Norwegian Cruise Line by 133.0% in the 2nd quarter. Jump Financial LLC now owns 38,904 shares of the company's stock valued at $789,000 after acquiring an additional 22,204 shares during the last quarter. Finally, California Public Employees Retirement System increased its holdings in shares of Norwegian Cruise Line by 5.1% in the 2nd quarter. California Public Employees Retirement System now owns 766,825 shares of the company's stock valued at $15,551,000 after acquiring an additional 37,071 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Trading Down 0.1%

NYSE:NCLH opened at $18.49 on Monday. The stock's 50 day moving average price is $20.64 and its 200 day moving average price is $21.13. The company has a market capitalization of $8.42 billion, a PE ratio of 21.25, a P/E/G ratio of 0.62 and a beta of 2.11. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 6.21. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $15.31 and a 52-week high of $27.18.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its quarterly earnings results on Monday, March 2nd. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.01. The firm had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.34 billion. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.The firm's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.26 EPS. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. On average, research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 2.06 EPS for the current year.

Analyst Ratings Changes

NCLH has been the topic of a number of recent analyst reports. The Goldman Sachs Group reiterated a "neutral" rating and issued a $20.00 price objective on shares of Norwegian Cruise Line in a report on Tuesday, March 3rd. Zacks Research upgraded Norwegian Cruise Line from a "strong sell" rating to a "hold" rating in a report on Thursday, April 9th. Wells Fargo & Company dropped their price objective on Norwegian Cruise Line from $32.00 to $26.00 and set an "overweight" rating on the stock in a report on Wednesday, April 15th. Stifel Nicolaus dropped their price target on Norwegian Cruise Line from $28.00 to $27.00 and set a "buy" rating on the stock in a research note on Monday, April 20th. Finally, Mizuho dropped their price target on Norwegian Cruise Line from $32.00 to $28.00 and set an "outperform" rating on the stock in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, Norwegian Cruise Line has a consensus rating of "Moderate Buy" and an average price target of $24.78.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. NYSE: NCLH is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.

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