Norwegian Cruise Line Holdings Ltd. $NCLH Holdings Lifted by MetLife Investment Management LLC

Key Points

• MetLife Investment Management LLC increased its stake in Norwegian Cruise Line by 77.7%, acquiring additional shares to own approximately 0.05% of the company, valued at $4.57 million.
• Norwegian Cruise Line reported $0.51 earnings per share for the most recent quarter, missing estimates of $0.52, while year-over-year revenue grew by 6.1% to $2.52 billion.
• Currently, 69.58% of Norwegian Cruise Line's stock is owned by hedge funds and institutional investors, indicating significant institutional involvement in the company.

MetLife Investment Management LLC grew its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 77.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 241,061 shares of the company's stock after purchasing an additional 105,370 shares during the period. MetLife Investment Management LLC owned about 0.05% of Norwegian Cruise Line worth $4,571,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Brooklyn Investment Group lifted its holdings in shares of Norwegian Cruise Line by 22.0% during the first quarter. Brooklyn Investment Group now owns 3,394 shares of the company's stock valued at $64,000 after purchasing an additional 613 shares during the last quarter. Burns Matteson Capital Management LLC lifted its holdings in shares of Norwegian Cruise Line by 4.0% during the first quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company's stock valued at $334,000 after purchasing an additional 677 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Norwegian Cruise Line by 0.3% during the first quarter. Hsbc Holdings PLC now owns 231,447 shares of the company's stock valued at $4,370,000 after purchasing an additional 684 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Norwegian Cruise Line by 19.1% during the first quarter. Allworth Financial LP now owns 4,690 shares of the company's stock valued at $89,000 after purchasing an additional 753 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Norwegian Cruise Line by 4.0% during the first quarter. CWM LLC now owns 22,650 shares of the company's stock valued at $429,000 after purchasing an additional 865 shares during the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Down 2.0%

NCLH opened at $24.87 on Friday. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The business has a 50-day moving average of $23.21 and a 200-day moving average of $20.60. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. The company has a market capitalization of $11.24 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 1.15 and a beta of 2.24.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share 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 analysts' expectations of $2.55 billion. During the same period last year, the business earned $0.40 earnings per share. The firm'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 forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on NCLH. Argus reaffirmed a "hold" rating on shares of Norwegian Cruise Line in a report on Wednesday, June 18th. Truist Financial reduced their price objective on Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating for the company in a research note on Monday, May 19th. UBS Group increased their price objective on Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a "neutral" rating in a research note on Tuesday. Jefferies Financial Group increased their price objective on Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Finally, Bank of America increased their price objective on Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. 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 stock. Based on data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and a consensus target price of $27.50.

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.

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