Norges Bank acquired a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) in the fourth quarter, Holdings Channel.com reports. The fund acquired 2,090,644 shares of the company’s stock, valued at approximately $46,663,000.
Other hedge funds have also recently bought and sold shares of the company. MUFG Securities EMEA plc acquired a new position in Norwegian Cruise Line in the 2nd quarter valued at about $26,000. Clearstead Advisors LLC lifted its position in shares of Norwegian Cruise Line by 130.2% during the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after purchasing an additional 909 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $42,000. Thompson Investment Management Inc. purchased a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $44,000. Finally, SouthState Bank Corp grew its holdings in shares of Norwegian Cruise Line by 74.5% in the third quarter. SouthState Bank Corp now owns 2,201 shares of the company’s stock valued at $54,000 after purchasing an additional 940 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on NCLH shares. Morgan Stanley reduced their target price on shares of Norwegian Cruise Line from $23.00 to $20.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 5th. Freedom Capital upgraded shares of Norwegian Cruise Line to a “strong-buy” rating in a research note on Wednesday, June 3rd. Wolfe Research reiterated an “outperform” rating and issued a $25.00 price objective on shares of Norwegian Cruise Line in a research note on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft set a $18.00 target price on Norwegian Cruise Line in a report on Tuesday, May 5th. Finally, TD Cowen cut their price target on Norwegian Cruise Line from $27.00 to $22.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $20.95.
Insider Transactions at Norwegian Cruise Line
In other news, CEO John Chidsey acquired 153,000 shares of Norwegian Cruise Line stock in a transaction on Friday, May 22nd. The stock was bought at an average price of $16.37 per share, for a total transaction of $2,504,610.00. Following the completion of the purchase, the chief executive officer owned 1,139,940 shares in the company, valued at $18,660,817.80. This represents a 15.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Stephen G. Pagliuca bought 685,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were acquired at an average price of $18.06 per share, for a total transaction of $12,371,100.00. Following the completion of the transaction, the director owned 1,388,912 shares of the company’s stock, valued at approximately $25,083,750.72. The trade was a 97.31% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 1,592,467 shares of company stock worth $28,493,204 in the last three months. Corporate insiders own 0.41% of the company’s stock.
Trending Headlines about Norwegian Cruise Line
Here are the key news stories impacting Norwegian Cruise Line this week:
- Positive Sentiment: Director Stephen Pagliuca disclosed major open-market purchases of 685,000 and 695,000 shares, a strong insider signal that investors may view as confidence in the company’s outlook.
- Positive Sentiment: Freedom Capital upgraded Norwegian Cruise Line (NCLH) to strong-buy, adding to bullish sentiment around the stock.
- Positive Sentiment: The company’s last earnings report beat EPS expectations, and recent commentary noted the stock has been moving higher since that release, suggesting momentum from better-than-expected profitability.
- Neutral Sentiment: Sanford C. Bernstein began coverage with a Market Perform rating and an $18 price target, which is close to the current share price and implies limited near-term upside.
- Neutral Sentiment: Management has described 2027 as a “transition year” amid current pressures, indicating the recovery story may take time to play out. Norwegian Cruise sees 2027 as ‘transition year’ despite current pressures
- Negative Sentiment: Several analysts remain cautious overall, with the broader consensus still around Hold and some firms lowering price targets, which may be limiting enthusiasm for the stock.
Norwegian Cruise Line Stock Down 0.0%
Shares of NYSE:NCLH opened at $18.75 on Monday. The firm has a 50 day simple moving average of $18.19 and a 200-day simple moving average of $20.29. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.53 and a twelve month high of $27.18. The company has a current ratio of 0.21, a quick ratio of 0.18 and a debt-to-equity ratio of 5.75. The company has a market capitalization of $8.61 billion, a PE ratio of 15.75, a P/E/G ratio of 1.19 and a beta of 1.89.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.08. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the company posted $0.07 earnings per share. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. On average, equities 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. (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.
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