Public Employees Retirement System of Ohio Has $7.61 Million Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• The Public Employees Retirement System of Ohio increased its stake in Norwegian Cruise Line Holdings Ltd. by 10.4%, owning 375,254 shares valued at approximately $7.61 million.
• Norwegian Cruise Line reported quarterly earnings of $0.51 EPS, missing the consensus estimate of $0.52, with revenue for the quarter at $2.52 billion.
• Wall Street analysts have a consensus rating of "Moderate Buy" for Norwegian Cruise Line, with a price target of $27.80, influenced by multiple analysts raising their price objectives.

Public Employees Retirement System of Ohio grew its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 10.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 375,254 shares of the company's stock after purchasing an additional 35,224 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.08% of Norwegian Cruise Line worth $7,610,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in shares of Norwegian Cruise Line by 18.3% during the second quarter. GAMMA Investing LLC now owns 19,753 shares of the company's stock valued at $401,000 after purchasing an additional 3,056 shares in the last quarter. Vanguard Capital Wealth Advisors acquired a new position in shares of Norwegian Cruise Line in the second quarter worth approximately $495,000. Farther Finance Advisors LLC lifted its stake in shares of Norwegian Cruise Line by 52.3% in the second quarter. Farther Finance Advisors LLC now owns 4,668 shares of the company's stock worth $95,000 after acquiring an additional 1,603 shares during the period. CX Institutional lifted its stake in shares of Norwegian Cruise Line by 11.8% in the second quarter. CX Institutional now owns 11,507 shares of the company's stock worth $233,000 after acquiring an additional 1,215 shares during the period. Finally, UMB Bank n.a. lifted its stake in shares of Norwegian Cruise Line by 33.2% in the second quarter. UMB Bank n.a. now owns 4,020 shares of the company's stock worth $82,000 after acquiring an additional 1,002 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Up 0.3%

Shares of Norwegian Cruise Line stock opened at $25.07 on Friday. The stock has a fifty day simple moving average of $24.79 and a 200 day simple moving average of $20.87. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The company has a market capitalization of $11.33 billion, a P/E ratio of 17.29, a price-to-earnings-growth ratio of 1.12 and a beta of 2.19. 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 (NYSE:NCLH - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter last year, the company posted $0.40 EPS. The company's quarterly 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. On average, sell-side analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Truist Financial lifted their price objective on Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a "buy" rating in a research note on Friday, September 19th. Mizuho lifted their price objective on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Stifel Nicolaus lifted their price objective 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. Barclays lifted their price objective on Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Finally, Bank of America lifted their price objective on Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.80.

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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