Bogart Wealth LLC Raises Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Bogart Wealth LLC increased its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 79.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 4,000 shares of the company’s stock after purchasing an additional 1,776 shares during the quarter. Bogart Wealth LLC’s holdings in Norwegian Cruise Line were worth $81,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of NCLH. Sentry Investment Management LLC purchased a new position in shares of Norwegian Cruise Line during the second quarter worth $31,000. New Age Alpha Advisors LLC purchased a new position in shares of Norwegian Cruise Line during the first quarter worth $33,000. SVB Wealth LLC purchased a new position in shares of Norwegian Cruise Line during the first quarter worth $56,000. Parallel Advisors LLC boosted its position in shares of Norwegian Cruise Line by 43.6% during the second quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock worth $58,000 after buying an additional 874 shares during the period. Finally, 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 worth $64,000 after buying an additional 613 shares during the period. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Susquehanna raised their price target on Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. Zacks Research upgraded Norwegian Cruise Line from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 16th. TD Cowen started coverage on Norwegian Cruise Line in a report on Tuesday, July 22nd. They issued a “buy” rating and a $31.00 target price for the company. Truist Financial lifted their target price on Norwegian Cruise Line from $27.00 to $31.00 and gave the company a “buy” rating in a report on Friday, September 19th. Finally, Stifel Nicolaus lifted their target price on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, September 11th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and an average target price of $27.80.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock opened at $23.97 on Wednesday. The stock’s 50-day moving average is $24.64 and its two-hundred day moving average is $21.40. The firm has a market cap of $10.83 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 1.01 and a beta of 2.21. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18.

Norwegian Cruise Line (NYSE:NCLH) 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). The firm had revenue of $2.52 billion for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the business 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. Analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

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.