Norwegian Cruise Line Holdings Ltd. $NCLH Shares Acquired by HighTower Advisors LLC

Key Points

• HighTower Advisors LLC increased its stake in Norwegian Cruise Line Holdings Ltd. by 37.4% in the first quarter, acquiring an additional 31,861 shares, bringing its total holdings to $2,219,000.
• Norwegian Cruise Line reported $2.52 billion in revenue for the quarter, below analysts' expectations, with an earnings per share of $0.51, missing the consensus estimate of $0.52.
• Several analysts have upgraded their price targets for Norwegian Cruise Line, with the average price target now at $27.20 and the stock rated as a Moderate Buy by MarketBeat.

HighTower Advisors LLC lifted its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 37.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 117,024 shares of the company's stock after purchasing an additional 31,861 shares during the quarter. HighTower Advisors LLC's holdings in Norwegian Cruise Line were worth $2,219,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. New Age Alpha Advisors LLC purchased a new position in Norwegian Cruise Line in the first quarter worth approximately $33,000. Versant Capital Management Inc grew its position in Norwegian Cruise Line by 147.7% in the first quarter. Versant Capital Management Inc now owns 1,880 shares of the company's stock worth $36,000 after acquiring an additional 1,121 shares during the period. Raiffeisen Bank International AG purchased a new position in Norwegian Cruise Line in the fourth quarter worth approximately $40,000. Bogart Wealth LLC grew its position in Norwegian Cruise Line by 1,012.0% in the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company's stock worth $42,000 after acquiring an additional 2,024 shares during the period. Finally, LRI Investments LLC purchased a new position in Norwegian Cruise Line in the fourth quarter worth approximately $47,000. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on NCLH. 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 report on Tuesday. Macquarie lowered their price objective on Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating for the company in a research report on Friday, May 9th. Citigroup raised their price target on Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Truist Financial lowered their price target on Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating for the company in a research report on Monday, May 19th. Finally, Susquehanna raised their price target on Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $27.50.

Norwegian Cruise Line Trading Down 1.2%

Shares of NCLH traded down $0.31 during midday trading on Friday, hitting $25.08. 1,771,657 shares of the stock were exchanged, compared to its average volume of 14,032,610. The firm has a market cap of $11.34 billion, a P/E ratio of 17.28, a P/E/G ratio of 1.13 and a beta of 2.24. 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 Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The stock has a fifty day simple moving average of $23.09 and a 200 day simple moving average of $20.61.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced 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 company had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The firm's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.40 earnings per share. 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, research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal 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.