Driehaus Capital Management LLC Increases Stock Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Driehaus Capital Management LLC has increased its stake in Norwegian Cruise Line Holdings Ltd. by 28.5%, now owning approximately 0.22% of the company's shares, valued at $18.63 million.
• Various institutional investors have also shown increased interest in Norwegian Cruise Line, with notable purchases from firms like Granahan Investment Management LLC and Deutsche Bank AG.
• Analysts have raised their price targets for Norwegian Cruise Line, with Barclays projecting a target of $31.00 and Stifel Nicolaus setting it at $35.00.

Driehaus Capital Management LLC raised its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 28.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 982,792 shares of the company's stock after buying an additional 218,056 shares during the quarter. Driehaus Capital Management LLC owned about 0.22% of Norwegian Cruise Line worth $18,634,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Granahan Investment Management LLC purchased a new position in Norwegian Cruise Line during the fourth quarter valued at $7,634,000. Janney Montgomery Scott LLC purchased a new position in shares of Norwegian Cruise Line in the 1st quarter worth about $1,645,000. New Wave Wealth Advisors LLC raised its position in shares of Norwegian Cruise Line by 5,467.9% in the 1st quarter. New Wave Wealth Advisors LLC now owns 18,374 shares of the company's stock worth $348,000 after purchasing an additional 18,044 shares during the last quarter. Deutsche Bank AG raised its position in shares of Norwegian Cruise Line by 41.4% in the 4th quarter. Deutsche Bank AG now owns 1,881,398 shares of the company's stock worth $48,408,000 after purchasing an additional 551,251 shares during the last quarter. Finally, Graham Capital Management L.P. raised its position in shares of Norwegian Cruise Line by 155.8% in the 4th quarter. Graham Capital Management L.P. now owns 249,104 shares of the company's stock worth $6,409,000 after purchasing an additional 151,705 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Morgan Stanley lifted their price target on Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an "equal weight" rating in a research report on Monday, August 4th. Barclays lifted their price target on Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Bank of America lifted their price target on Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Stifel Nicolaus lifted their price target on Norwegian Cruise Line from $26.00 to $35.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, Mizuho lifted their price target on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Norwegian Cruise Line has an average rating of "Moderate Buy" and a consensus target price of $27.50.

Norwegian Cruise Line Price Performance

NYSE NCLH opened at $24.87 on Friday. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The stock has a 50-day moving average of $23.21 and a 200 day moving average of $20.60. The company has a market capitalization of $11.24 billion, a price-to-earnings ratio of 17.15, a PEG ratio of 1.15 and a beta of 2.24. 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 released its quarterly earnings data on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The business had revenue of $2.52 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 6.1% compared to the same quarter last year. 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, sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

About Norwegian Cruise Line

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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