Strs Ohio Cuts Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Strs Ohio sharply reduced its Norwegian Cruise Line stake by 97.9% in the first quarter, selling 514,893 shares and leaving it with 10,861 shares worth about $203,000.
• Analyst sentiment is mixed but mostly cautious: the stock has a consensus rating of “Moderate Buy,” yet several firms recently cut ratings or lowered price targets, with the average target at $21.65.
• Operational and earnings news is supportive overall: Norwegian Cruise Line partnered with ZeroNorth to improve bunker procurement, and analysts have been raising forward earnings estimates after the company beat Q1 EPS expectations.

Strs Ohio lowered its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 97.9% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,861 shares of the company's stock after selling 514,893 shares during the period. Strs Ohio's holdings in Norwegian Cruise Line were worth $203,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC grew its position in Norwegian Cruise Line by 26.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company's stock valued at $439,000 after purchasing an additional 4,872 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Norwegian Cruise Line by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company's stock valued at $917,000 after acquiring an additional 2,002 shares in the last quarter. Woodline Partners LP increased its holdings in shares of Norwegian Cruise Line by 40.7% in the 1st quarter. Woodline Partners LP now owns 37,149 shares of the company's stock worth $704,000 after purchasing an additional 10,743 shares in the last quarter. Jump Financial LLC raised its stake in shares of Norwegian Cruise Line by 133.0% in the second quarter. Jump Financial LLC now owns 38,904 shares of the company's stock worth $789,000 after purchasing an additional 22,204 shares during the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of Norwegian Cruise Line by 5.1% during the second quarter. California Public Employees Retirement System now owns 766,825 shares of the company's stock valued at $15,551,000 after buying an additional 37,071 shares during the last quarter. 69.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Zacks Research upgraded shares of Norwegian Cruise Line from a "strong sell" rating to a "hold" rating in a research note on Monday, July 6th. Weiss Ratings upgraded Norwegian Cruise Line from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, May 6th. Northcoast Research downgraded Norwegian Cruise Line from a "buy" rating to a "neutral" rating in a report on Wednesday, May 6th. Truist Financial cut their price target on Norwegian Cruise Line from $25.00 to $20.00 and set a "buy" rating for the company in a research note on Friday, May 22nd. Finally, Susquehanna lowered their price objective on shares of Norwegian Cruise Line from $20.00 to $15.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and thirteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $21.65.

Key Norwegian Cruise Line News

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: Norwegian Cruise Line partnered with ZeroNorth to improve bunker procurement, a move that could help reduce fuel-related costs and improve operating efficiency over time. Norwegian Cruise Line Partners with ZeroNorth to Improve Bunker Procurement
• Positive Sentiment: Analysts raised forward earnings estimates for NCLH across several future periods, suggesting improving profit expectations and supporting the stock’s valuation. Zacks Research estimate updates
• Neutral Sentiment: NCLH has been getting more attention from investors and traders, with the stock showing up as a trending name on finance and research platforms. Here is What to Know Beyond Why Norwegian Cruise Line Holdings Ltd. (NCLH) is a Trending Stock
• Neutral Sentiment: Barclays maintained its Hold rating, and BMO Capital Markets also moved to a Hold stance, indicating analysts are constructive but still cautious on the name. Barclays Sticks to Its Hold Rating for Norwegian Cruise Line (NCLH)
• Negative Sentiment: A court denied NCLH’s bid to move the Frank Del Rio lawsuit to the business division, leaving a legal overhang in place. Court Denies NCLH Bid to Move Frank Del Rio Suit to Business Division
• Negative Sentiment: Russell index removals may reduce passive fund ownership and create near-term technical pressure on the shares. Is Norwegian Cruise Line Holdings (NCLH) Undervalued After Its Russell Index Removals?

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH opened at $19.64 on Monday. The firm's 50 day simple moving average is $18.50 and its two-hundred day simple moving average is $20.36. The company has a debt-to-equity ratio of 5.75, a current ratio of 0.21 and a quick ratio of 0.18. The company has a market capitalization of $9.01 billion, a P/E ratio of 16.50, a P/E/G ratio of 1.22 and a beta of 1.87. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.53 and a 1-year high of $27.18.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.15 by $0.08. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.36 billion. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The company's revenue was up 9.6% on a year-over-year basis. During the same period last year, the firm earned $0.07 EPS. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. Research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.51 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jonathan Z. Cohen acquired 30,000 shares of the firm's stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $15.83 per share, for a total transaction of $474,900.00. Following the completion of the transaction, the director owned 38,912 shares in the company, valued at approximately $615,976.96. The trade was a 336.62% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Zillah Byng-Thorne bought 25,015 shares of the stock in a transaction dated Thursday, May 7th. The shares were purchased at an average cost of $17.67 per share, for a total transaction of $442,015.05. Following the completion of the purchase, the director owned 99,811 shares in the company, valued at approximately $1,763,660.37. This represents a 33.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 1,592,467 shares of company stock valued at $28,493,204 over the last three months. Insiders own 0.25% of the company's stock.

About Norwegian Cruise Line

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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