Thomas J. Herzfeld Advisors Inc. Decreases Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Thomas J. Herzfeld Advisors Inc. reduced its stake in Norwegian Cruise Line Holdings Ltd. by 55.8% in the first quarter, leaving them with 94,207 shares valued at approximately $1.79 million.
• Norwegian Cruise Line's latest earnings report showed an EPS of $0.51, missing estimates, and a revenue of $2.52 billion, which was below the expected $2.55 billion.
• Several research firms have recently upgraded their ratings on Norwegian Cruise Line, with an average price target of $27.20, indicating a generally positive outlook despite the recent earnings miss.

Thomas J. Herzfeld Advisors Inc. cut its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 55.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 94,207 shares of the company's stock after selling 119,000 shares during the quarter. Thomas J. Herzfeld Advisors Inc.'s holdings in Norwegian Cruise Line were worth $1,786,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of NCLH. Two Sigma Advisers LP grew its stake in shares of Norwegian Cruise Line by 99.0% in the 4th quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company's stock valued at $197,843,000 after buying an additional 3,824,600 shares during the period. Voloridge Investment Management LLC raised its position in Norwegian Cruise Line by 3,403.3% in the fourth quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company's stock valued at $86,828,000 after purchasing an additional 3,278,249 shares during the period. Invesco Ltd. lifted its stake in shares of Norwegian Cruise Line by 22.7% in the 1st quarter. Invesco Ltd. now owns 11,477,606 shares of the company's stock valued at $217,615,000 after purchasing an additional 2,122,501 shares during the last quarter. Candlestick Capital Management LP acquired a new position in shares of Norwegian Cruise Line in the 4th quarter valued at $44,650,000. Finally, Benchstone Capital Management LP purchased a new position in shares of Norwegian Cruise Line during the 4th quarter worth $42,138,000. Institutional investors and hedge funds own 69.58% of the company's stock.

Norwegian Cruise Line Stock Up 2.2%

NYSE:NCLH traded up $0.55 during mid-day trading on Thursday, hitting $25.43. The stock had a trading volume of 13,882,681 shares, compared to its average volume of 14,591,606. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The stock has a 50-day simple moving average of $22.95 and a two-hundred day simple moving average of $20.62. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. The company has a market capitalization of $11.49 billion, a PE ratio of 15.08, a PEG ratio of 1.13 and a beta of 2.24.

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 analysts' consensus estimates 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 business had revenue of $2.52 billion for the quarter, compared to analysts' expectations of $2.55 billion. During the same period last year, the firm earned $0.40 earnings per share. The firm's quarterly revenue was up 6.1% on a year-over-year basis. 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, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on NCLH. Macquarie reduced their price target on shares of Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating on the stock in a research note on Friday, May 9th. Mizuho boosted their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Jefferies Financial Group upped their price target on Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Argus reiterated a "hold" rating on shares of Norwegian Cruise Line in a report on Wednesday, June 18th. Finally, Morgan Stanley increased their target price on Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an "equal weight" rating in a research note on Monday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $27.50.

Norwegian Cruise Line 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.