Great Lakes Advisors LLC Has $11.09 Million Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Great Lakes Advisors LLC increased its stake in Norwegian Cruise Line Holdings by 149.8%, acquiring an additional 350,811 shares during the first quarter, now owning about 0.13% of the company valued at $11.09 million.
• Norwegian Cruise Line reported earnings per share of $0.51 for the latest quarter, falling short of the consensus estimate of $0.52, with revenue up 6.1% year-over-year.
• Several analysts have upgraded their price targets for Norwegian Cruise Line, with Citigroup raising its target from $25.00 to $30.00 and labeling the stock as a "buy."

Great Lakes Advisors LLC increased its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 149.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 584,938 shares of the company's stock after buying an additional 350,811 shares during the quarter. Great Lakes Advisors LLC owned 0.13% of Norwegian Cruise Line worth $11,090,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Raiffeisen Bank International AG acquired a new stake in Norwegian Cruise Line during the 4th quarter worth $40,000. New Age Alpha Advisors LLC acquired a new stake in shares of Norwegian Cruise Line in the 1st quarter valued at about $33,000. LRI Investments LLC acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at about $47,000. Versant Capital Management Inc raised its stake in shares of Norwegian Cruise Line by 147.7% in the 1st quarter. Versant Capital Management Inc now owns 1,880 shares of the company's stock valued at $36,000 after purchasing an additional 1,121 shares during the period. Finally, Bogart Wealth LLC raised its stake in shares of Norwegian Cruise Line by 1,012.0% in the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company's stock valued at $42,000 after purchasing an additional 2,024 shares during the period. Institutional investors and hedge funds own 69.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. TD Cowen assumed coverage on Norwegian Cruise Line in a research note on Tuesday, July 22nd. They issued a "buy" rating and a $31.00 price target on the stock. Argus reissued a "hold" rating on shares of Norwegian Cruise Line in a research note on Wednesday, June 18th. Stifel Nicolaus lifted their price target on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a "buy" rating in a research note on Thursday. Barclays lifted their price target on Norwegian Cruise Line from $25.00 to $31.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Finally, Wall Street Zen raised Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research note on Friday, July 18th. 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's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $27.60.

Norwegian Cruise Line Stock Down 1.0%

Shares of NYSE:NCLH traded down $0.26 during midday trading on Friday, reaching $26.68. The company had a trading volume of 14,843,380 shares, compared to its average volume of 15,993,421. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05. The business's 50 day moving average price is $24.25 and its 200 day moving average price is $20.52. The stock has a market cap of $12.06 billion, a PE ratio of 18.40, a P/E/G ratio of 1.20 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.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). The company had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. Norwegian Cruise Line's revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.40 EPS. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal 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.