Public Employees Retirement System of Ohio Invests $2.76 Million in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Public Employees Retirement System of Ohio acquired 130,652 shares of Norwegian Cruise Line, valued at approximately $2.76 million. Institutional investors and hedge funds collectively own 69.58% of NCLH.
• NCLH recently traded at $15.58, near its 52-week low of $14.53 and below its 50-day and 200-day moving averages. The company reported quarterly EPS of $0.48, beating estimates, while revenue reached $2.64 billion.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $20.95; several firms recently maintained neutral or reduced ratings despite TD Cowen’s upgraded $24 target.

Public Employees Retirement System of Ohio bought a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 130,652 shares of the company's stock, valued at approximately $2,758,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. SHP Wealth Management acquired a new position in Norwegian Cruise Line in the fourth quarter worth approximately $26,000. MUFG Securities EMEA plc acquired a new stake in shares of Norwegian Cruise Line during the 2nd quarter valued at $26,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Norwegian Cruise Line in the 4th quarter worth $31,000. Clearstead Advisors LLC grew its holdings in shares of Norwegian Cruise Line by 130.2% in the 4th quarter. Clearstead Advisors LLC now owns 1,607 shares of the company's stock worth $36,000 after acquiring an additional 909 shares during the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Norwegian Cruise Line in the 4th quarter worth $45,000. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Down 0.1%

NYSE:NCLH opened at $15.58 on Friday. The stock's 50 day moving average price is $18.73 and its 200 day moving average price is $19.22. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.53 and a 52 week high of $27.18. The company has a market capitalization of $7.15 billion, a P/E ratio of 9.74, a P/E/G ratio of 0.89 and a beta of 1.88. The company has a debt-to-equity ratio of 5.40, a quick ratio of 0.17 and a current ratio of 0.20.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.07. The firm had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.65 billion. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The company's revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.51 earnings per share. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. On average, research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.37 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Truist Financial cut shares of Norwegian Cruise Line from a "buy" rating to a "hold" rating and set a $20.00 price objective on the stock. in a research report on Thursday, July 23rd. Susquehanna reissued a "neutral" rating and set a $17.00 price target on shares of Norwegian Cruise Line in a research report on Tuesday, August 4th. Weiss Ratings reissued a "hold (c)" rating on shares of Norwegian Cruise Line in a research note on Monday, August 3rd. TD Cowen lifted their target price on Norwegian Cruise Line from $22.00 to $24.00 and gave the company a "buy" rating in a research note on Tuesday, June 23rd. Finally, Mizuho reissued a "neutral" rating and issued a $17.00 price target (down from $22.00) on shares of Norwegian Cruise Line in a research report on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $20.95.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. NYSE: NCLH is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.

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