New York State Teachers Retirement System Sells 27,212 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• The New York State Teachers Retirement System has reduced its stake in Norwegian Cruise Line Holdings Ltd. by 7.0%, selling 27,212 shares during the second quarter, leaving it with 362,655 shares valued at $7.35 million.
• Norwegian Cruise Line reported $0.51 EPS for its latest quarter, which was slightly below analysts' expectations of $0.52, although revenue increased by 6.1% year-over-year to $2.52 billion.
• Analysts are generally optimistic about Norwegian Cruise Line, with a mix of ratings and an average price target of $27.80, reflecting a Moderate Buy sentiment among specialists.

New York State Teachers Retirement System decreased its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 7.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 362,655 shares of the company's stock after selling 27,212 shares during the period. New York State Teachers Retirement System owned approximately 0.08% of Norwegian Cruise Line worth $7,355,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. New Age Alpha Advisors LLC bought a new stake in shares of Norwegian Cruise Line during the 1st quarter valued at $33,000. Bogart Wealth LLC increased its position 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 buying an additional 2,024 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Norwegian Cruise Line by 43.6% in the 2nd quarter. Parallel Advisors LLC now owns 2,877 shares of the company's stock valued at $58,000 after buying an additional 874 shares in the last quarter. SVB Wealth LLC bought a new stake in shares of Norwegian Cruise Line in the 1st quarter valued at $56,000. Finally, Brooklyn Investment Group increased its position in shares of Norwegian Cruise Line by 22.0% in the 1st quarter. Brooklyn Investment Group now owns 3,394 shares of the company's stock valued at $64,000 after buying an additional 613 shares in the last quarter. Institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Price Performance

NCLH stock opened at $22.94 on Monday. The stock has a 50-day moving average price of $24.65 and a two-hundred day moving average price of $21.33. The stock has a market cap of $10.37 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 1.00 and a beta of 2.21. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. 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). Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter last year, the company posted $0.40 EPS. Norwegian Cruise Line's revenue for the quarter was up 6.1% on a year-over-year basis. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on NCLH shares. UBS Group upped their price objective on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the company a "neutral" rating in a research report on Tuesday, August 26th. TD Cowen started coverage on shares of Norwegian Cruise Line in a research report on Tuesday, July 22nd. They issued a "buy" rating and a $31.00 price objective for the company. Jefferies Financial Group upped their price objective on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Zacks Research upgraded shares of Norwegian Cruise Line from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 16th. 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 assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $27.80.

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.

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