Norwegian Cruise Line Holdings Ltd. $NCLH Shares Bought by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC grew its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 2.3% during the second quarter, Holdings Channel reports. The firm owned 236,102 shares of the company’s stock after purchasing an additional 5,397 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in Norwegian Cruise Line were worth $4,788,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Norwegian Cruise Line by 1.2% during the first quarter. Vanguard Group Inc. now owns 53,960,561 shares of the company’s stock worth $1,023,092,000 after purchasing an additional 653,279 shares during the period. Invesco Ltd. increased its stake in Norwegian Cruise Line by 22.7% during the first quarter. Invesco Ltd. now owns 11,477,606 shares of the company’s stock worth $217,615,000 after purchasing an additional 2,122,501 shares during the period. Ariel Investments LLC increased its stake in Norwegian Cruise Line by 126.8% during the first quarter. Ariel Investments LLC now owns 9,081,170 shares of the company’s stock worth $172,179,000 after purchasing an additional 5,077,531 shares during the period. Northern Trust Corp increased its stake in Norwegian Cruise Line by 2.6% during the first quarter. Northern Trust Corp now owns 4,272,790 shares of the company’s stock worth $81,012,000 after purchasing an additional 109,396 shares during the period. Finally, Greenhouse Funds LLLP increased its stake in Norwegian Cruise Line by 22.2% during the first quarter. Greenhouse Funds LLLP now owns 4,100,848 shares of the company’s stock worth $77,752,000 after purchasing an additional 744,558 shares during the period. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Wall Street Zen upgraded shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research note on Friday, July 18th. Susquehanna upped their target price on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. Citigroup upped their target price on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Bank of America upped their target price on shares of Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Finally, Mizuho upped their target price on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.80.

Norwegian Cruise Line Stock Performance

Shares of Norwegian Cruise Line stock opened at $23.26 on Tuesday. The firm has a market capitalization of $10.51 billion, a P/E ratio of 16.04, a P/E/G ratio of 1.00 and a beta of 2.21. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. 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’s 50 day moving average is $24.64 and its two-hundred day moving average is $21.38.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 earnings per share. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

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.