Norwegian Cruise Line Holdings Ltd. $NCLH Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D reduced its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 0.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 157,123 shares of the company’s stock after selling 1,148 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Norwegian Cruise Line were worth $3,186,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. GAMMA Investing LLC grew its holdings in shares of Norwegian Cruise Line by 17.0% in the first quarter. GAMMA Investing LLC now owns 16,697 shares of the company’s stock valued at $317,000 after purchasing an additional 2,429 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Norwegian Cruise Line by 15.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 29,210 shares of the company’s stock valued at $554,000 after purchasing an additional 3,945 shares during the last quarter. Asset Management One Co. Ltd. grew its stake in shares of Norwegian Cruise Line by 22.3% in the 1st quarter. Asset Management One Co. Ltd. now owns 13,093 shares of the company’s stock valued at $248,000 after buying an additional 2,388 shares during the period. Golden State Wealth Management LLC increased its holdings in shares of Norwegian Cruise Line by 113.2% during the 1st quarter. Golden State Wealth Management LLC now owns 6,052 shares of the company’s stock worth $115,000 after buying an additional 3,213 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its position in shares of Norwegian Cruise Line by 14.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 12,737 shares of the company’s stock valued at $241,000 after buying an additional 1,616 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Wall Street Zen upgraded Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Morgan Stanley upped their price target on Norwegian Cruise Line from $24.00 to $26.00 and gave the company an “equal weight” rating in a research note on Monday, August 4th. Jefferies Financial Group raised their price objective on Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a “buy” rating in a research report on Monday, July 7th. Susquehanna upped their target price on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. Finally, Bank of America lifted their price target on shares of Norwegian Cruise Line from $20.00 to $27.00 and gave the company a “neutral” rating in a research report on Wednesday, July 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $27.80.

Norwegian Cruise Line Stock Up 0.4%

Shares of NYSE:NCLH opened at $23.57 on Tuesday. The firm’s 50-day moving average is $24.56 and its two-hundred day moving average is $21.62. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The firm has a market capitalization of $10.65 billion, a PE ratio of 16.25, a price-to-earnings-growth ratio of 0.75 and a beta of 2.21.

Norwegian Cruise Line (NYSE:NCLH) last announced its 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). 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 in the previous year, the company earned $0.40 earnings per share. Norwegian Cruise Line’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. Analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

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.