Norwegian Cruise Line Holdings Ltd. $NCLH Shares Sold by Harvest Portfolios Group Inc.

Harvest Portfolios Group Inc. trimmed its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 8.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 53,027 shares of the company’s stock after selling 4,625 shares during the period. Harvest Portfolios Group Inc.’s holdings in Norwegian Cruise Line were worth $1,075,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. AdvisorShares Investments LLC raised its holdings in Norwegian Cruise Line by 12.0% during the 2nd quarter. AdvisorShares Investments LLC now owns 5,377 shares of the company’s stock worth $109,000 after buying an additional 577 shares during the period. Omnia Family Wealth LLC raised its holdings in shares of Norwegian Cruise Line by 3.9% during the second quarter. Omnia Family Wealth LLC now owns 15,410 shares of the company’s stock valued at $313,000 after acquiring an additional 583 shares during the period. Brooklyn Investment Group raised its holdings 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 valued at $64,000 after acquiring an additional 613 shares during the period. Wealthcare Advisory Partners LLC lifted its position in shares of Norwegian Cruise Line by 4.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 16,661 shares of the company’s stock valued at $338,000 after acquiring an additional 669 shares in the last quarter. Finally, Burns Matteson Capital Management LLC boosted its stake in Norwegian Cruise Line by 4.0% in the 1st quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company’s stock worth $334,000 after purchasing an additional 677 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Tigress Financial boosted their target price on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a research note on Wednesday, August 27th. Stifel Nicolaus lifted their price target on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, September 11th. JPMorgan Chase & Co. reduced their price objective on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a research note on Wednesday. Bank of America raised their price objective on Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Finally, TD Cowen began coverage on Norwegian Cruise Line in a report on Tuesday, July 22nd. They issued a “buy” rating and a $31.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and an average target price of $28.74.

Insider Transactions at Norwegian Cruise Line

In other Norwegian Cruise Line news, CEO Harry Sommer acquired 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average cost of $18.52 per share, for a total transaction of $463,000.00. Following the completion of the acquisition, the chief executive officer owned 720,728 shares of the company’s stock, valued at approximately $13,347,882.56. This trade represents a 3.59% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Mark Kempa bought 10,635 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were bought at an average price of $18.53 per share, for a total transaction of $197,066.55. Following the completion of the acquisition, the chief financial officer owned 369,352 shares of the company’s stock, valued at approximately $6,844,092.56. This represents a 2.96% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 49,035 shares of company stock worth $912,121 in the last 90 days. 0.41% of the stock is owned by insiders.

Norwegian Cruise Line Stock Up 4.4%

NCLH opened at $19.05 on Friday. The company has a market capitalization of $8.61 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. 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 fifty-two week low of $14.21 and a fifty-two week high of $29.29. The business has a 50-day moving average of $23.86 and a 200-day moving average of $21.86.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $3.03 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. Equities research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal 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.