Norwegian Cruise Line Holdings Ltd. $NCLH Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 1.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 458,706 shares of the company’s stock after purchasing an additional 6,841 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.10% of Norwegian Cruise Line worth $9,303,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sentry Investment Management LLC acquired a new position in Norwegian Cruise Line in the second quarter valued at $31,000. New Age Alpha Advisors LLC purchased a new position in shares of Norwegian Cruise Line during the first quarter worth about $33,000. Bogart Wealth LLC grew its holdings in shares of 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 buying an additional 2,024 shares during the last quarter. Hantz Financial Services Inc. increased its position in Norwegian Cruise Line by 133.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after acquiring an additional 1,305 shares during the period. Finally, SVB Wealth LLC purchased a new stake in Norwegian Cruise Line during the 1st quarter valued at approximately $56,000. 69.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the company. UBS Group increased their price objective 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. Stifel Nicolaus increased their price target on Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, September 11th. TD Cowen assumed coverage on shares of Norwegian Cruise Line in a research report on Tuesday, July 22nd. They issued a “buy” rating and a $31.00 price objective on the stock. Susquehanna dropped their price objective on shares of Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, The Goldman Sachs Group cut their price objective on shares of Norwegian Cruise Line from $27.00 to $23.00 and set a “buy” rating for the company in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $28.26.

Insider Transactions at Norwegian Cruise Line

In related news, Director Zillah Byng-Thorne acquired 29,008 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were purchased at an average price of $18.11 per share, with a total value of $525,334.88. Following the completion of the acquisition, the director owned 66,017 shares in the company, valued at approximately $1,195,567.87. This represents a 78.38% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Harry C. Curtis bought 5,000 shares of the company’s stock in a transaction on Friday, November 7th. The stock was bought at an average cost of $19.25 per share, with a total value of $96,250.00. Following the completion of the acquisition, the director owned 50,325 shares of the company’s stock, valued at $968,756.25. This represents a 11.03% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 90,029 shares of company stock valued at $1,663,575. 0.41% of the stock is owned by company insiders.

Norwegian Cruise Line Stock Up 0.7%

Norwegian Cruise Line stock opened at $18.95 on Thursday. The stock’s 50 day moving average price is $23.49 and its 200 day moving average price is $21.93. 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 market cap of $8.63 billion, a PE ratio of 13.07, 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 (NYSE:NCLH) last released its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The firm had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. On average, sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal 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.