Norwegian Cruise Line Holdings Ltd. $NCLH Shares Sold by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP has reduced its stake in Norwegian Cruise Line by 35.7%, now holding 125,291 shares valued at $2.376 million.
• Several institutional investors have increased their holdings in NCLH, with Canada Pension Plan Investment Board raising its stake by 89.8% during the last quarter.
• The company reported an EPS of $0.51 in its latest earnings, missing analysts' expectations of $0.52, although revenue increased by 6.1% year over year.

Quantbot Technologies LP trimmed its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 35.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,291 shares of the company's stock after selling 69,696 shares during the quarter. Quantbot Technologies LP's holdings in Norwegian Cruise Line were worth $2,376,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of NCLH. Mariner LLC raised its holdings in shares of Norwegian Cruise Line by 26.9% in the 4th quarter. Mariner LLC now owns 66,881 shares of the company's stock valued at $1,721,000 after purchasing an additional 14,179 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of Norwegian Cruise Line by 89.8% in the 4th quarter. Canada Pension Plan Investment Board now owns 37,200 shares of the company's stock valued at $957,000 after purchasing an additional 17,600 shares in the last quarter. Commerce Bank raised its holdings in shares of Norwegian Cruise Line by 15.8% in the 4th quarter. Commerce Bank now owns 11,743 shares of the company's stock valued at $302,000 after purchasing an additional 1,603 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Norwegian Cruise Line by 125.4% in the 4th quarter. First Trust Advisors LP now owns 889,194 shares of the company's stock valued at $22,879,000 after purchasing an additional 494,640 shares in the last quarter. Finally, MetLife Investment Management LLC raised its holdings in shares of Norwegian Cruise Line by 1.6% in the 4th quarter. MetLife Investment Management LLC now owns 135,691 shares of the company's stock valued at $3,491,000 after purchasing an additional 2,085 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Down 2.4%

NYSE NCLH opened at $23.8350 on Thursday. 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 firm has a market cap of $10.77 billion, a PE ratio of 16.44, a P/E/G ratio of 1.11 and a beta of 2.24. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The firm's fifty day moving average is $22.33 and its two-hundred day moving average is $20.73.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). The business 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 company's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Norwegian Cruise Line from a "sell" rating to a "hold" rating in a report on Friday, July 18th. Truist Financial cut their price target on shares of Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating on the stock in a research note on Monday, May 19th. Northcoast Research assumed coverage on shares of Norwegian Cruise Line in a research note on Friday, April 25th. They set a "buy" rating and a $21.00 price target on the stock. Susquehanna lifted their price target on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. Finally, The Goldman Sachs Group cut their price target on shares of Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. 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. Based on data from MarketBeat, Norwegian Cruise Line presently has a consensus rating of "Moderate Buy" and an average price target of $27.20.

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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