Nuveen LLC Invests $18.43 Million in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Nuveen LLC has acquired approximately 971,901 shares of Norwegian Cruise Line Holdings Ltd., valued at about $18.4 million, increasing its stake to 0.22% in the company.
• Several institutional investors, including Vanguard Group and Invesco Ltd., have increased their holdings in Norwegian Cruise Line, indicating strong institutional interest with 69.58% of the stock now held by institutional investors.
• Norwegian Cruise Line's stock has recently experienced analysts adjusting their ratings and price targets, with current industry consensus rating at a "Moderate Buy" and a price target averaging $27.20.

Nuveen LLC purchased a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 971,901 shares of the company's stock, valued at approximately $18,427,000. Nuveen LLC owned approximately 0.22% of Norwegian Cruise Line at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Granahan Investment Management LLC purchased a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $7,634,000. Janney Montgomery Scott LLC purchased a new stake in shares of Norwegian Cruise Line in the first quarter valued at approximately $1,645,000. New Wave Wealth Advisors LLC boosted its stake in shares of Norwegian Cruise Line by 5,467.9% in the first quarter. New Wave Wealth Advisors LLC now owns 18,374 shares of the company's stock valued at $348,000 after buying an additional 18,044 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of Norwegian Cruise Line by 41.4% in the fourth quarter. Deutsche Bank AG now owns 1,881,398 shares of the company's stock valued at $48,408,000 after buying an additional 551,251 shares in the last quarter. Finally, Graham Capital Management L.P. boosted its stake in shares of Norwegian Cruise Line by 155.8% in the fourth quarter. Graham Capital Management L.P. now owns 249,104 shares of the company's stock valued at $6,409,000 after buying an additional 151,705 shares in the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on NCLH shares. Jefferies Financial Group lifted their price target on Norwegian Cruise Line from $24.00 to $29.00 and gave the company a "buy" rating in a research note on Monday, July 7th. UBS Group reduced their price objective on Norwegian Cruise Line from $29.00 to $23.00 and set a "neutral" rating for the company in a report on Monday, June 30th. Barclays lifted their price objective on Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Macquarie reduced their price objective on Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Finally, Citigroup lifted their price objective on Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a "buy" rating in a report on Wednesday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Norwegian Cruise Line presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.20.

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH traded up $1.6450 during trading on Friday, reaching $25.0050. The company had a trading volume of 20,604,898 shares, compared to its average volume of 14,686,680. The stock has a market capitalization of $11.30 billion, a PE ratio of 17.24, a price-to-earnings-growth ratio of 1.14 and a beta of 2.24. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The stock has a 50-day moving average price of $22.56 and a two-hundred day moving average price of $20.63.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced 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 analysts' expectations 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 prior year, the firm earned $0.40 EPS. 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, sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

About Norwegian Cruise Line

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.