Creative Planning Cuts Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Creative Planning decreased its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 3.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 346,938 shares of the company’s stock after selling 12,669 shares during the quarter. Creative Planning’s holdings in Norwegian Cruise Line were worth $7,036,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Sentry Investment Management LLC purchased a new position in Norwegian Cruise Line in the 2nd quarter valued at approximately $31,000. New Age Alpha Advisors LLC acquired a new stake in Norwegian Cruise Line in the first quarter valued at $33,000. Hantz Financial Services Inc. increased its position in shares of Norwegian Cruise Line by 133.3% in the second quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after buying an additional 1,305 shares in the last quarter. SVB Wealth LLC acquired a new position in shares of Norwegian Cruise Line during the 1st quarter worth $56,000. Finally, Parallel Advisors LLC boosted its position in shares of Norwegian Cruise Line by 43.6% in the 2nd quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock worth $58,000 after buying an additional 874 shares in the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NCLH has been the subject of several recent research reports. Zacks Research downgraded shares of Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Wells Fargo & Company began coverage on shares of Norwegian Cruise Line in a research note on Tuesday. They set an “overweight” rating and a $30.00 price objective for the company. JPMorgan Chase & Co. reduced their target price on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Mizuho increased their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Finally, Stifel Nicolaus boosted 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. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.37.

Norwegian Cruise Line Stock Down 0.4%

Shares of NYSE NCLH opened at $17.77 on Thursday. The stock has a market capitalization of $8.09 billion, a PE ratio of 12.25, a P/E/G ratio of 0.71 and a beta of 2.22. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05. The firm has a fifty day moving average of $22.76 and a 200-day moving average of $21.97. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. The business had revenue of $2.94 billion for the quarter, compared to analyst estimates 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. On average, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Insider Activity

In other Norwegian Cruise Line news, insider Jason Montague bought 13,400 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were bought at an average cost of $18.81 per share, with a total value of $252,054.00. Following the transaction, the insider directly owned 13,400 shares in the company, valued at approximately $252,054. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Harry C. Curtis bought 5,000 shares of Norwegian Cruise Line stock in a transaction dated Friday, November 7th. The shares were acquired at an average price of $19.25 per share, with a total value of $96,250.00. Following the completion of the purchase, the director owned 50,325 shares in the company, valued at approximately $968,756.25. The trade was a 11.03% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 90,029 shares of company stock worth $1,663,575 over the last three months. 0.41% of the stock is currently owned by corporate insiders.

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.