Northern Trust Corp Purchases 109,396 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Northern Trust Corp increased its holdings in Norwegian Cruise Line by 2.6%, acquiring an additional 109,396 shares during the first quarter, now owning approximately 4.27 million shares worth about $81 million.
• A significant number of institutional investors have modified their positions in Norwegian Cruise Line, with 69.58% of the stock now owned by such investors.
• Analysts have mixed ratings on Norwegian Cruise Line, with two rating it a Strong Buy, twelve a Buy, and eight a Hold, alongside a consensus price target of $27.20.

Northern Trust Corp increased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 2.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,272,790 shares of the company's stock after purchasing an additional 109,396 shares during the quarter. Northern Trust Corp owned approximately 0.96% of Norwegian Cruise Line worth $81,012,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. New Age Alpha Advisors LLC bought a new stake in shares of Norwegian Cruise Line in the 1st quarter valued at about $33,000. Versant Capital Management Inc raised its holdings 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. Raiffeisen Bank International AG bought a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at about $40,000. Bogart Wealth LLC raised its holdings 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. Finally, LRI Investments LLC bought a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at about $47,000. 69.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NCLH. Stifel Nicolaus upped their target price on shares of Norwegian Cruise Line from $26.00 to $35.00 and gave the company a "buy" rating in a report on Friday, August 1st. Macquarie decreased their price target on shares of Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating on the stock in a research note on Friday, May 9th. Argus reiterated a "hold" rating on shares of Norwegian Cruise Line in a research note on Wednesday, June 18th. TD Cowen assumed coverage on shares of 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. Finally, UBS Group decreased their price target on shares of Norwegian Cruise Line from $29.00 to $23.00 and set a "neutral" rating on the stock in a research note on Monday, June 30th. Two 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's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $27.20.

Norwegian Cruise Line Stock Performance

Shares of NYSE:NCLH opened at $25.0050 on Monday. The company's 50 day moving average price is $22.56 and its two-hundred day moving average price is $20.58. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The firm has a market cap of $11.30 billion, a PE ratio of 17.24, a PEG ratio of 1.14 and a beta of 2.24. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced 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 business had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the previous year, the company earned $0.40 EPS. The business'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 research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share 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.

Want to see what other hedge funds are holding NCLH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.