Teza Capital Management LLC Takes $203,000 Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Teza Capital Management LLC has acquired a new position in Norwegian Cruise Line Holdings Ltd. by purchasing 10,686 shares valued at approximately $203,000.
• Several institutional investors have significantly increased their stakes in Norwegian Cruise Line, with Ameriprise Financial Inc. boosting its ownership by 124.7% during the last quarter, indicating growing confidence in the company.
• Norwegian Cruise Line's stock currently has a consensus rating of "Moderate Buy" with a price target of $27.50, following several analysts adjusting their ratings and price objectives recently.

Teza Capital Management LLC purchased a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,686 shares of the company's stock, valued at approximately $203,000.

Several other hedge funds have also modified their holdings of the stock. Brooklyn Investment Group increased its stake in Norwegian Cruise Line by 22.0% in the 1st 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 increased its stake in Norwegian Cruise Line by 4.0% in the 1st 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 increased its stake in Norwegian Cruise Line by 0.3% in the 1st 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 increased its stake in Norwegian Cruise Line by 19.1% in the 1st 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 increased its stake in Norwegian Cruise Line by 4.0% in the 1st 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. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock traded down $0.26 during midday trading on Friday, hitting $26.68. 14,843,380 shares of the company were exchanged, compared to its average volume of 15,718,219. The firm has a market capitalization of $12.06 billion, a P/E ratio of 18.40, a PEG ratio of 1.22 and a beta of 2.19. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18. The firm's 50 day moving average price is $24.25 and its two-hundred day moving average price is $20.54. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The business's quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm posted $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, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Tigress Financial lifted their price objective on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the company a "strong-buy" rating in a research report on Wednesday, August 27th. Argus reissued a "hold" rating on shares of Norwegian Cruise Line in a research report on Wednesday, June 18th. Citigroup lifted their price objective on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the company a "buy" rating in a research report on Wednesday, July 16th. Truist Financial decreased their price objective on shares of Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating for the company in a research report on Monday, May 19th. Finally, Morgan Stanley lifted their price objective on shares of Norwegian Cruise Line from $24.00 to $26.00 and gave the company an "equal weight" rating in a research report on Monday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat.com, Norwegian Cruise Line presently has a consensus rating of "Moderate Buy" and a consensus target price of $27.60.

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.