Norwegian Cruise Line Holdings Ltd. $NCLH Shares Sold by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. has significantly reduced its stake in Norwegian Cruise Line by 85.8%, selling 213,787 shares, leaving it with only 35,317 shares valued at approximately $670,000.
• Multiple brokerages have raised their price targets for Norwegian Cruise Line, with UBS Group setting a target of $27.00 and Jefferies Financial Group raising it to $29.00, reflecting a generally positive outlook.
• Norwegian Cruise Line reported earnings per share of $0.51 for its latest quarter, which missed estimates, though revenue grew by 6.1% year-over-year, reaching $2.52 billion.

Graham Capital Management L.P. decreased its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 85.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,317 shares of the company's stock after selling 213,787 shares during the quarter. Graham Capital Management L.P.'s holdings in Norwegian Cruise Line were worth $670,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in NCLH. New Age Alpha Advisors LLC acquired a new position in shares of Norwegian Cruise Line during the first quarter valued at approximately $33,000. Versant Capital Management Inc raised its holdings in shares of Norwegian Cruise Line by 147.7% during the first quarter. Versant Capital Management Inc now owns 1,880 shares of the company's stock valued at $36,000 after acquiring an additional 1,121 shares during the last quarter. Raiffeisen Bank International AG acquired a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $40,000. Bogart Wealth LLC raised its holdings in shares of Norwegian Cruise Line by 1,012.0% during the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company's stock valued at $42,000 after acquiring an additional 2,024 shares during the last quarter. Finally, LRI Investments LLC acquired a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $47,000. Institutional investors and hedge funds own 69.58% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on NCLH. UBS Group increased their target price on Norwegian Cruise Line from $23.00 to $27.00 and gave the company a "neutral" rating in a report on Tuesday, August 26th. 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. Tigress Financial upped their price target on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a "strong-buy" rating in a research report on Wednesday, August 27th. Truist Financial dropped 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, Mizuho upped their price target on Norwegian Cruise Line from $26.00 to $29.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $27.50.

Norwegian Cruise Line Trading Up 0.3%

Shares of Norwegian Cruise Line stock opened at $25.66 on Friday. The firm has a market capitalization of $11.59 billion, a price-to-earnings ratio of 17.69, a PEG ratio of 1.16 and a beta of 2.19. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week 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. The stock has a 50 day moving average of $23.80 and a 200 day moving average of $20.56.

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 for the quarter, missing the consensus estimate of $0.52 by ($0.01). The business had revenue of $2.52 billion during 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 company's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company 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. As a group, 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.

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