Norwegian Cruise Line Holdings Ltd. $NCLH Holdings Lessened by Patient Capital Management LLC

Patient Capital Management LLC reduced its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 3.1% in the 3rd quarter, Holdings Channel reports. The firm owned 4,564,871 shares of the company’s stock after selling 143,708 shares during the period. Norwegian Cruise Line makes up 4.5% of Patient Capital Management LLC’s holdings, making the stock its 7th biggest holding. Patient Capital Management LLC’s holdings in Norwegian Cruise Line were worth $112,433,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Chapin Davis Inc. purchased a new position in shares of Norwegian Cruise Line during the 3rd quarter worth approximately $3,604,000. Allspring Global Investments Holdings LLC raised its position in Norwegian Cruise Line by 27.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 457,169 shares of the company’s stock worth $11,059,000 after acquiring an additional 97,275 shares in the last quarter. LBP AM SA lifted its holdings in Norwegian Cruise Line by 138.1% in the second quarter. LBP AM SA now owns 452,917 shares of the company’s stock valued at $9,185,000 after acquiring an additional 262,714 shares during the period. Goldentree Asset Management LP boosted its position in shares of Norwegian Cruise Line by 23.9% during the 2nd quarter. Goldentree Asset Management LP now owns 3,997,792 shares of the company’s stock worth $80,908,000 after purchasing an additional 771,955 shares in the last quarter. Finally, Hussman Strategic Advisors Inc. purchased a new stake in shares of Norwegian Cruise Line during the 2nd quarter worth $3,407,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Price Performance

NYSE:NCLH opened at $20.40 on Wednesday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The firm has a market cap of $9.29 billion, a price-to-earnings ratio of 15.00, a price-to-earnings-growth ratio of 0.54 and a beta of 2.07. The company’s 50-day moving average is $20.89 and its two-hundred day moving average is $22.76. The company has a current ratio of 0.19, a quick ratio of 0.17 and a debt-to-equity ratio of 6.22.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. The business had revenue of $2.94 billion during the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. Research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on NCLH shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Norwegian Cruise Line in a research note on Wednesday, October 8th. Bank of America boosted their price target on Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Zacks Research downgraded Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Morgan Stanley decreased their target price on Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday, November 10th. Finally, The Goldman Sachs Group cut Norwegian Cruise Line from a “buy” rating to a “neutral” rating and dropped their price target for the company from $23.00 to $21.00 in a research report on Tuesday, December 9th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $27.05.

Insider Buying and Selling

In other news, insider Jason Montague acquired 13,400 shares of Norwegian Cruise Line stock in a transaction dated Thursday, November 6th. The shares were acquired at an average cost of $18.81 per share, with a total value of $252,054.00. Following the purchase, the insider directly owned 13,400 shares of the company’s stock, valued at approximately $252,054. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Zillah Byng-Thorne purchased 29,008 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were acquired at an average cost of $18.11 per share, with a total value of $525,334.88. Following the completion of the transaction, the director owned 66,017 shares in the company, valued at $1,195,567.87. This trade represents a 78.38% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought 90,029 shares of company stock worth $1,663,575 over the last ninety days. Insiders own 0.41% of the company’s stock.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.