Norwegian Cruise Line Holdings Ltd. $NCLH Stock Position Reduced by Wellington Management Group LLP

Key Points

• Wellington Management Group LLP reduced its holdings in Norwegian Cruise Line Holdings Ltd. by 25.8%, selling 214,516 shares during the 1st quarter, leaving them with approximately $11.7 million worth of the stock.
• Several analysts have recently rated Norwegian Cruise Line with an average consensus of "Moderate Buy," with target prices ranging from $27.00 to $38.00.
• Norwegian Cruise Line reported an EPS of $0.51 for the last quarter, slightly missing the consensus estimate, while its revenue increased 6.1% year-over-year, reaching $2.52 billion.

Wellington Management Group LLP lowered its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 25.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 617,304 shares of the company's stock after selling 214,516 shares during the period. Wellington Management Group LLP owned 0.14% of Norwegian Cruise Line worth $11,704,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Northern Trust Corp raised its holdings in shares of Norwegian Cruise Line by 2.6% during the 1st quarter. Northern Trust Corp now owns 4,272,790 shares of the company's stock worth $81,012,000 after acquiring an additional 109,396 shares during the period. Brooklyn Investment Group raised its holdings in shares of Norwegian Cruise Line by 22.0% during the 1st quarter. Brooklyn Investment Group now owns 3,394 shares of the company's stock worth $64,000 after acquiring an additional 613 shares during the period. Algert Global LLC raised its holdings in shares of Norwegian Cruise Line by 4.0% during the 1st quarter. Algert Global LLC now owns 247,556 shares of the company's stock worth $4,694,000 after acquiring an additional 9,410 shares during the period. American Century Companies Inc. raised its holdings in shares of Norwegian Cruise Line by 43.1% during the 1st quarter. American Century Companies Inc. now owns 1,289,897 shares of the company's stock worth $24,456,000 after acquiring an additional 388,531 shares during the period. Finally, Ethic Inc. raised its holdings in shares of Norwegian Cruise Line by 84.1% during the 1st quarter. Ethic Inc. now owns 37,772 shares of the company's stock worth $720,000 after acquiring an additional 17,254 shares during the period. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH traded down $0.52 on Monday, hitting $24.87. The company had a trading volume of 11,868,883 shares, compared to its average volume of 12,790,285. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The business has a 50 day moving average of $23.21 and a 200 day moving average of $20.52. The company has a market cap of $11.24 billion, a PE ratio of 17.15, a PEG ratio of 1.13 and a beta of 2.19.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The company had revenue of $2.52 billion during the quarter, compared to analysts' expectations of $2.55 billion. During the same quarter in the prior year, the company earned $0.40 earnings per share. The firm's revenue was up 6.1% compared to the same quarter last year. 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 analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on NCLH shares. Wall Street Zen raised Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research report on Friday, July 18th. Truist Financial decreased their target price on Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating for the company in a research note on Monday, May 19th. Barclays boosted their target price on Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Mizuho boosted their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Finally, Bank of America boosted their target price on Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $27.50.

About Norwegian Cruise Line

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.