Hodges Capital Management Inc. Has $9.57 Million Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Hodges Capital Management Inc. significantly reduced its stake in Norwegian Cruise Line Holdings Ltd. by 50.7%, selling 518,920 shares during the first quarter and owning 504,942 shares worth approximately $9.57 million after the transaction.
• Norwegian Cruise Line has experienced a year-over-year revenue increase of 6.1%, with reported earnings per share of $0.51 for the quarter, slightly missing analyst expectations.
• Several analysts have issued reports advising on Norwegian Cruise Line, with price targets ranging from $25.00 to $30.00 and a consensus rating of "Moderate Buy."

Hodges Capital Management Inc. cut its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 50.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 504,942 shares of the company's stock after selling 518,920 shares during the quarter. Hodges Capital Management Inc. owned 0.11% of Norwegian Cruise Line worth $9,574,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Strs Ohio bought a new position in Norwegian Cruise Line in the 1st quarter valued at $895,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Norwegian Cruise Line by 6.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,536,708 shares of the company's stock valued at $29,136,000 after purchasing an additional 92,772 shares during the period. Optimize Financial Inc raised its stake in shares of Norwegian Cruise Line by 13.1% in the first quarter. Optimize Financial Inc now owns 33,890 shares of the company's stock worth $643,000 after purchasing an additional 3,937 shares during the last quarter. Woodline Partners LP grew its holdings in shares of Norwegian Cruise Line by 40.7% in the first quarter. Woodline Partners LP now owns 37,149 shares of the company's stock worth $704,000 after acquiring an additional 10,743 shares during the period. Finally, MBB Public Markets I LLC bought a new stake in Norwegian Cruise Line during the first quarter valued at about $301,000. Hedge funds and other institutional investors own 69.58% of the company's stock.

Wall Street Analysts Forecast Growth

NCLH has been the topic of a number of recent research reports. Morgan Stanley upped their price objective on 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. Stifel Nicolaus raised their target price on Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a "buy" rating in a research note on Thursday, September 11th. Wall Street Zen upgraded Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research report on Friday, July 18th. Barclays lifted their price target on shares of Norwegian Cruise Line from $25.00 to $31.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Finally, Tigress Financial boosted their target price on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a "strong-buy" rating in a research note on Wednesday, August 27th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $27.60.

Norwegian Cruise Line Trading Up 0.3%

NYSE:NCLH traded up $0.08 during trading hours on Wednesday, reaching $25.66. 6,267,925 shares of the company were exchanged, compared to its average volume of 14,410,405. The stock has a 50 day simple moving average of $24.42 and a 200 day simple moving average of $20.58. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. The firm has a market cap of $11.59 billion, a price-to-earnings ratio of 17.70, a PEG ratio of 1.17 and a beta of 2.19.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). The firm had revenue of $2.52 billion for 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%. Norwegian Cruise Line's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period 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. As a group, analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

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.