Harbor Capital Advisors Inc. Has $8.13 Million Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Harbor Capital Advisors Inc. increased its stake in Norwegian Cruise Line Holdings Ltd. by 23.5% during the second quarter, acquiring an additional 76,319 shares to reach a total of 400,763 shares, valued at approximately $8.13 million.
• Research firms are optimistic about Norwegian Cruise Line, with analysts issuing ratings that include two "Strong Buy", twelve "Buy", and eight "Hold" recommendations, indicating strong interest in the stock.
• The company reported earning $0.51 EPS for the last quarter, which fell short of expectations, despite a revenue increase of 6.1% compared to the previous year.

Harbor Capital Advisors Inc. increased its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 23.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 400,763 shares of the company's stock after buying an additional 76,319 shares during the quarter. Harbor Capital Advisors Inc. owned 0.09% of Norwegian Cruise Line worth $8,127,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of NCLH. New Age Alpha Advisors LLC bought a new position in shares of Norwegian Cruise Line during the 1st quarter worth approximately $33,000. Versant Capital Management Inc raised its position in 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 last quarter. Raiffeisen Bank International AG bought a new position in Norwegian Cruise Line in the 4th quarter valued at $40,000. Bogart Wealth LLC raised its position in 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 last quarter. Finally, CENTRAL TRUST Co increased its stake in shares of Norwegian Cruise Line by 2,621.0% in the 1st quarter. CENTRAL TRUST Co now owns 2,721 shares of the company's stock valued at $52,000 after buying an additional 2,621 shares during the period. Institutional investors own 69.58% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on NCLH. Truist Financial lifted their price objective on Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a "buy" rating in a research note on Friday. Jefferies Financial Group lifted their target price on Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Susquehanna boosted their price target on Norwegian Cruise Line from $18.00 to $25.00 and gave the company a "neutral" rating in a report on Friday, August 1st. Tigress Financial boosted their price target on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a "strong-buy" rating in a report on Wednesday, August 27th. Finally, Wall Street Zen upgraded Norwegian Cruise Line from a "sell" rating to a "hold" rating in a report on Friday, July 18th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $27.80.

Norwegian Cruise Line Stock Performance

Shares of Norwegian Cruise Line stock traded down $0.16 on Friday, hitting $25.25. The stock had a trading volume of 14,261,274 shares, compared to its average volume of 14,465,862. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The business's 50 day moving average is $24.53 and its two-hundred day moving average is $20.64. 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 stock has a market cap of $11.41 billion, a price-to-earnings ratio of 17.41, a price-to-earnings-growth ratio of 1.13 and a beta of 2.19.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The firm had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same period in the previous year, the company posted $0.40 EPS. Norwegian Cruise Line's revenue for the quarter was up 6.1% compared to the same quarter last year. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current 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.