Sumitomo Mitsui DS Asset Management Company Ltd Takes $234,000 Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Sumitomo Mitsui DS Asset Management has acquired a new stake in Norwegian Cruise Line Holdings Ltd. during the second quarter, purchasing 11,539 shares valued at approximately $234,000.
• Institutional investors currently hold 69.58% of Norwegian Cruise Line, with several firms, including Brooklyn Investment Group and HSBC Holdings PLC, increasing their positions in the company.
• Norwegian Cruise Line reported a quarterly earnings per share (EPS) of $0.51, slightly missing analysts' expectations, with year-over-year revenue growth of 6.1%.

Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,539 shares of the company's stock, valued at approximately $234,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group boosted its position in shares of Norwegian Cruise Line by 22.0% during the first quarter. Brooklyn Investment Group now owns 3,394 shares of the company's stock valued at $64,000 after buying an additional 613 shares during the last quarter. Burns Matteson Capital Management LLC boosted its position in shares of Norwegian Cruise Line by 4.0% during the first quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company's stock valued at $334,000 after buying an additional 677 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of Norwegian Cruise Line by 0.3% during the first quarter. Hsbc Holdings PLC now owns 231,447 shares of the company's stock valued at $4,370,000 after buying an additional 684 shares during the last quarter. Allworth Financial LP boosted its position in shares of Norwegian Cruise Line by 19.1% during the first quarter. Allworth Financial LP now owns 4,690 shares of the company's stock valued at $89,000 after buying an additional 753 shares during the last quarter. Finally, CWM LLC boosted its position in shares of Norwegian Cruise Line by 4.0% during the first quarter. CWM LLC now owns 22,650 shares of the company's stock valued at $429,000 after buying an additional 865 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Norwegian Cruise Line Trading Up 0.8%

Shares of NCLH stock opened at $25.42 on Tuesday. The business has a 50-day moving average of $24.63 and a 200 day moving average of $20.71. The stock has a market capitalization of $11.49 billion, a PE ratio of 17.53, a P/E/G ratio of 1.12 and a beta of 2.19. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The company's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the company 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 anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on NCLH shares. Susquehanna lifted their price target on Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. Barclays lifted their price target on Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Truist Financial lifted their price target on Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a "buy" rating in a report on Friday. TD Cowen started coverage on Norwegian Cruise Line in a report on Tuesday, July 22nd. They set a "buy" rating and a $31.00 price target on the stock. Finally, Tigress Financial lifted their price target on Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a "strong-buy" rating in a report on Wednesday, August 27th. Three 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. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price 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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