Norwegian Cruise Line Holdings Ltd. $NCLH Shares Bought by Allspring Global Investments Holdings LLC

Key Points

• Allspring Global Investments Holdings LLC increased its stake in Norwegian Cruise Line Holdings Ltd. by 40.7% during the 2nd quarter, owning approximately 359,894 shares valued at $7.55 million at the end of the reporting period.
• Brokerages have raised their price targets for Norwegian Cruise Line, with Barclays setting it at $31.00 and Citigroup at $30.00, while maintaining various ratings from "Strong Buy" to "Hold".
• Norwegian Cruise Line reported earnings of $0.51 per share for the last quarter, slightly missing analysts' expectations, demonstrating a revenue increase of 6.1% from the same quarter last year.

Allspring Global Investments Holdings LLC increased its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 40.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 359,894 shares of the company's stock after acquiring an additional 104,168 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.08% of Norwegian Cruise Line worth $7,551,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Brooklyn Investment Group raised its stake in shares of Norwegian Cruise Line by 22.0% in the first quarter. Brooklyn Investment Group now owns 3,394 shares of the company's stock valued at $64,000 after acquiring an additional 613 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of Norwegian Cruise Line by 4.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 16,661 shares of the company's stock valued at $338,000 after acquiring an additional 669 shares in the last quarter. Burns Matteson Capital Management LLC raised its stake in shares of Norwegian Cruise Line by 4.0% in the first quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company's stock valued at $334,000 after acquiring an additional 677 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of Norwegian Cruise Line by 0.3% in the first quarter. Hsbc Holdings PLC now owns 231,447 shares of the company's stock valued at $4,370,000 after acquiring an additional 684 shares in the last quarter. Finally, Allworth Financial LP raised its stake in shares of Norwegian Cruise Line by 19.1% in the first quarter. Allworth Financial LP now owns 4,690 shares of the company's stock valued at $89,000 after acquiring an additional 753 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on NCLH. Barclays increased their price objective on Norwegian Cruise Line from $25.00 to $31.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Weiss Ratings reissued a "hold (c)" rating on shares of Norwegian Cruise Line in a report on Wednesday, October 8th. Citigroup increased their target price on Norwegian Cruise Line from $25.00 to $30.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. Jefferies Financial Group increased their target price on Norwegian Cruise Line from $24.00 to $29.00 and gave the company a "buy" rating in a report on Monday, July 7th. Finally, Truist Financial increased their target price on Norwegian Cruise Line from $27.00 to $31.00 and gave the company a "buy" rating in a report on Friday, September 19th. Three research 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.80.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock opened at $22.94 on Monday. The stock's 50-day moving average is $24.65 and its two-hundred day moving average is $21.33. The firm has a market cap of $10.37 billion, a price-to-earnings ratio of 15.82, a PEG ratio of 1.00 and a beta of 2.21. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). The firm had revenue of $2.52 billion for the quarter, compared to analysts' expectations of $2.55 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The business's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.40 EPS. 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 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.

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