15,856 Shares in Norwegian Cruise Line Holdings Ltd. $NCLH Purchased by MBB Public Markets I LLC

Key Points

• MBB Public Markets I LLC has acquired a new stake in Norwegian Cruise Line Holdings Ltd., purchasing 15,856 shares valued at approximately $301,000 in the first quarter.
• Institutional investors now own 69.58% of Norwegian Cruise Line's stock, with several funds significantly increasing their positions during the first quarter.
• Analysts show varying opinions on NCLH, with target prices ranging from $27.00 to $38.00 and ratings including "strong-buy," "buy," and "hold," reflecting a currently average rating of "Moderate Buy."

MBB Public Markets I LLC bought a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,856 shares of the company's stock, valued at approximately $301,000.

Several other hedge funds have also recently added to or reduced their stakes in NCLH. Ariel Investments LLC raised its holdings in Norwegian Cruise Line by 126.8% in the first quarter. Ariel Investments LLC now owns 9,081,170 shares of the company's stock valued at $172,179,000 after acquiring an additional 5,077,531 shares in the last quarter. Two Sigma Advisers LP raised its holdings in Norwegian Cruise Line by 99.0% in the fourth quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company's stock valued at $197,843,000 after acquiring an additional 3,824,600 shares in the last quarter. 59 North Capital Management LP purchased a new position in Norwegian Cruise Line in the first quarter valued at approximately $69,877,000. Voloridge Investment Management LLC increased its stake in Norwegian Cruise Line by 3,403.3% in the fourth quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company's stock valued at $86,828,000 after purchasing an additional 3,278,249 shares during the last quarter. Finally, Invesco Ltd. increased its stake in Norwegian Cruise Line by 22.7% in the first quarter. Invesco Ltd. now owns 11,477,606 shares of the company's stock valued at $217,615,000 after purchasing an additional 2,122,501 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on NCLH shares. Morgan Stanley increased their price target on shares of Norwegian Cruise Line from $24.00 to $26.00 and gave the company an "equal weight" rating in a research note on Monday, August 4th. Susquehanna increased their price target on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the company a "neutral" rating in a research note on Friday, August 1st. Truist Financial dropped their price target on shares of Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating on the stock in a research note on Monday, May 19th. UBS Group increased their price target on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the company a "neutral" rating in a research note on Tuesday, August 26th. Finally, Argus reiterated a "hold" rating on shares of Norwegian Cruise Line in a research note on Wednesday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $27.60.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH traded down $0.63 during mid-day trading on Monday, hitting $26.02. 15,259,226 shares of the company were exchanged, compared to its average volume of 14,458,354. 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 50 day simple moving average of $24.25 and a 200-day simple moving average of $20.52. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. The firm has a market cap of $11.76 billion, a price-to-earnings ratio of 17.94, a price-to-earnings-growth ratio of 1.20 and a beta of 2.19.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing analysts' consensus estimates 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 business had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same period last year, the business posted $0.40 EPS. Norwegian Cruise Line's revenue 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. On average, sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal 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.