10,124 Shares in Norwegian Cruise Line Holdings Ltd. $NCLH Acquired by DoubleLine ETF Adviser LP

Key Points

• DoubleLine ETF Adviser LP has acquired a new stake of 10,124 shares in Norwegian Cruise Line Holdings Ltd., valued at approximately $192,000, according to its recent SEC filing.
• Several institutional investors, including AQR Capital Management LLC and Ariel Investments LLC, have significantly increased their holdings in Norwegian Cruise Line during the first quarter of the year.
• Wall Street analysts have upgraded their price targets for Norwegian Cruise Line, with a consensus rating of "Moderate Buy" and an average target price of $27.50.

DoubleLine ETF Adviser LP bought a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 10,124 shares of the company's stock, valued at approximately $192,000.

Other institutional investors and hedge funds have 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 1st quarter. Ariel Investments LLC now owns 9,081,170 shares of the company's stock valued at $172,179,000 after buying an additional 5,077,531 shares during the period. Two Sigma Advisers LP raised its position in shares of Norwegian Cruise Line by 99.0% during the 4th quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company's stock valued at $197,843,000 after buying an additional 3,824,600 shares during the period. 59 North Capital Management LP purchased a new stake in shares of Norwegian Cruise Line during the 1st quarter valued at approximately $69,877,000. Voloridge Investment Management LLC raised its position in shares of Norwegian Cruise Line by 3,403.3% during the 4th quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company's stock valued at $86,828,000 after buying an additional 3,278,249 shares during the period. Finally, Invesco Ltd. raised its position in shares of Norwegian Cruise Line by 22.7% during the 1st quarter. Invesco Ltd. now owns 11,477,606 shares of the company's stock valued at $217,615,000 after buying an additional 2,122,501 shares during the period. Institutional investors and hedge funds own 69.58% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on NCLH shares. Tigress Financial lifted their target price on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the company a "strong-buy" rating in a report on Wednesday, August 27th. Jefferies Financial Group lifted their target price on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the company a "buy" rating in a report on Monday, July 7th. Susquehanna lifted their target price on Norwegian Cruise Line from $18.00 to $25.00 and gave the company a "neutral" rating in a research report on Friday, August 1st. Morgan Stanley boosted their price target on shares of Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an "equal weight" rating in a research note on Monday, August 4th. Finally, Bank of America raised their price objective on shares of Norwegian Cruise Line from $20.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and an average price target of $27.50.

Norwegian Cruise Line Stock Down 4.2%

Shares of Norwegian Cruise Line stock traded down $1.08 during trading on Monday, hitting $24.59. 32,824,538 shares of the stock were exchanged, compared to its average volume of 12,497,546. The stock has a market cap of $11.11 billion, a price-to-earnings ratio of 15.55, a price-to-earnings-growth ratio of 1.16 and a beta of 2.19. The firm's 50-day moving average price is $23.80 and its 200 day moving average price is $20.48. 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 debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). The firm had revenue of $2.52 billion for the quarter, compared to analysts' expectations of $2.55 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.Norwegian Cruise Line's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period last year, the firm 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. As a group, analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal 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.