TD Asset Management Inc grew its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 4.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,425 shares of the company’s stock after purchasing an additional 3,692 shares during the quarter. TD Asset Management Inc’s holdings in Norwegian Cruise Line were worth $1,651,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of NCLH. New Age Alpha Advisors LLC bought a new stake in Norwegian Cruise Line during the first quarter worth $33,000. Bogart Wealth LLC lifted its holdings in Norwegian Cruise Line by 1,012.0% during the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock worth $42,000 after acquiring an additional 2,024 shares during the period. SVB Wealth LLC bought a new stake in Norwegian Cruise Line during the first quarter worth $56,000. Parallel Advisors LLC lifted its holdings in 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 acquiring an additional 874 shares during the period. Finally, Brooklyn Investment Group lifted its holdings in 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 acquiring an additional 613 shares during the period. Institutional investors own 69.58% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently commented on the company. 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. Morgan Stanley lifted their price target on Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an “equal weight” rating in a report on Monday, August 4th. 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. 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. Finally, UBS Group raised their target price on Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 26th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Norwegian Cruise Line has an average rating of “Moderate Buy” and an average price target of $27.80.
Norwegian Cruise Line Price Performance
Shares of NYSE NCLH opened at $23.62 on Thursday. The stock has a market cap of $10.67 billion, a PE ratio of 16.29, a price-to-earnings-growth ratio of 1.03 and a beta of 2.21. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week 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. The stock has a fifty day moving average of $24.61 and a 200-day moving average of $21.41.
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 for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. Norwegian Cruise Line’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.40 earnings per share. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.
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.
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