Sentry Investment Management LLC purchased a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,423 shares of the company’s stock, valued at approximately $31,000.
Several other institutional investors have also recently added to or reduced their stakes in the business. Omnia Family Wealth LLC lifted its stake in Norwegian Cruise Line by 3.9% in the second quarter. Omnia Family Wealth LLC now owns 15,410 shares of the company’s stock valued at $313,000 after buying an additional 583 shares during the period. Brooklyn Investment Group lifted its stake in Norwegian Cruise Line by 22.0% in the first quarter. Brooklyn Investment Group now owns 3,394 shares of the company’s stock valued at $64,000 after buying an additional 613 shares during the period. Wealthcare Advisory Partners LLC lifted its stake in Norwegian Cruise Line by 4.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 16,661 shares of the company’s stock valued at $338,000 after buying an additional 669 shares during the period. Burns Matteson Capital Management LLC lifted its stake in Norwegian Cruise Line by 4.0% in the first quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company’s stock valued at $334,000 after buying an additional 677 shares during the period. Finally, Hsbc Holdings PLC lifted its stake in Norwegian Cruise Line by 0.3% in the first quarter. Hsbc Holdings PLC now owns 231,447 shares of the company’s stock valued at $4,370,000 after buying an additional 684 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on NCLH. Citigroup boosted their price target on Norwegian Cruise Line from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Truist Financial boosted their price target on Norwegian Cruise Line from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Susquehanna upped their target price on Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. Mizuho upped their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Finally, Wall Street Zen raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.80.
Norwegian Cruise Line Trading Up 0.4%
Shares of Norwegian Cruise Line stock opened at $22.94 on Monday. The stock has a fifty day simple moving average of $24.65 and a 200 day simple moving average of $21.33. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The company has a market capitalization of $10.37 billion, a P/E ratio of 15.82, a price-to-earnings-growth ratio of 1.00 and a beta of 2.21. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter last year, the company posted $0.40 EPS. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. On average, sell-side analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share 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.
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