Jump Financial LLC Sells 49,040 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Jump Financial LLC reduced its stake in Norwegian Cruise Line Holdings Ltd. by 74.6%, owning only 16,700 shares worth approximately $317,000 after selling 49,040 shares in Q1.
• Norwegian Cruise Line reported $0.51 earnings per share (EPS) for the last quarter, missing analysts' expectations, but saw a 6.1% increase in revenue compared to the same quarter last year.
• Several brokerages have recently adjusted their price targets for Norwegian Cruise Line, with Stifel Nicolaus updating its target from $26 to $35 and analysts currently rating the stock as a Moderate Buy with an average price target of $27.50.

Jump Financial LLC lessened its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 74.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,700 shares of the company's stock after selling 49,040 shares during the quarter. Jump Financial LLC's holdings in Norwegian Cruise Line were worth $317,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of NCLH. Two Sigma Advisers LP boosted its holdings in shares of Norwegian Cruise Line by 99.0% during the 4th quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company's stock valued at $197,843,000 after acquiring an additional 3,824,600 shares in the last quarter. Voloridge Investment Management LLC boosted its stake in shares of Norwegian Cruise Line by 3,403.3% during the fourth quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company's stock valued at $86,828,000 after purchasing an additional 3,278,249 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Norwegian Cruise Line by 22.7% during the first quarter. Invesco Ltd. now owns 11,477,606 shares of the company's stock valued at $217,615,000 after purchasing an additional 2,122,501 shares in the last quarter. Nuveen LLC bought a new stake in shares of Norwegian Cruise Line during the first quarter worth about $18,427,000. Finally, Driehaus Capital Management LLC acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $19,677,000. 69.58% of the stock is currently owned by institutional investors.

Norwegian Cruise Line Stock Up 0.3%

NYSE NCLH traded up $0.07 on Friday, hitting $25.66. 14,670,848 shares of the company were exchanged, compared to its average volume of 12,377,749. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. The company has a market cap of $11.59 billion, a PE ratio of 17.69, a PEG ratio of 1.16 and a beta of 2.19. The stock has a fifty day moving average of $23.80 and a 200-day moving average of $20.56. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the prior year, the firm earned $0.40 EPS. The company's revenue was up 6.1% compared to the same quarter last year. 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, analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Barclays lifted their price target on shares of Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Stifel Nicolaus lifted their target price on Norwegian Cruise Line from $26.00 to $35.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Wall Street Zen raised Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research note on Friday, July 18th. Argus reaffirmed a "hold" rating on shares of Norwegian Cruise Line in a research note on Wednesday, June 18th. Finally, Morgan Stanley increased their target price on shares of Norwegian Cruise Line from $24.00 to $26.00 and gave the company an "equal weight" rating in a research report on Monday, August 4th. Two 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 stock has a consensus rating of "Moderate Buy" and an average price target of $27.50.

Norwegian Cruise Line 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.