Prospera Financial Services Inc grew its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 138.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 55,044 shares of the company’s stock after buying an additional 31,952 shares during the period. Prospera Financial Services Inc’s holdings in Norwegian Cruise Line were worth $1,116,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sentry Investment Management LLC bought a new stake in shares of Norwegian Cruise Line during the second quarter valued at approximately $31,000. New Age Alpha Advisors LLC purchased a new stake in Norwegian Cruise Line during the 1st quarter valued at $33,000. Bogart Wealth LLC boosted its stake in Norwegian Cruise Line by 1,012.0% during the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock valued at $42,000 after purchasing an additional 2,024 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Norwegian Cruise Line by 133.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock worth $46,000 after purchasing an additional 1,305 shares in the last quarter. Finally, SVB Wealth LLC purchased a new position in shares of Norwegian Cruise Line in the first quarter worth $56,000. Institutional investors own 69.58% of the company’s stock.
Analyst Upgrades and Downgrades
NCLH has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Wednesday, October 8th. Mizuho raised their price target on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company an “outperform” rating in a report on Friday, August 1st. TD Cowen assumed coverage on shares of Norwegian Cruise Line in a report on Tuesday, July 22nd. They set a “buy” rating and a $31.00 price objective for the company. Wall Street Zen upgraded shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Finally, Tigress Financial raised their target price on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a “strong-buy” rating in a report on Wednesday, August 27th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.26.
Norwegian Cruise Line Price Performance
Shares of NYSE:NCLH opened at $18.95 on Thursday. 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 stock has a market capitalization of $8.63 billion, a PE ratio of 13.07, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. The firm’s 50 day moving average price is $23.49 and its 200-day moving average price is $21.93. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The company 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. FY 2025 guidance at 2.100-2.100 EPS. Equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.
Insider Activity
In related news, insider Jason Montague purchased 13,400 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was acquired at an average price of $18.81 per share, with a total value of $252,054.00. Following the completion of the acquisition, the insider owned 13,400 shares of the company’s stock, valued at approximately $252,054. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Harry C. Curtis purchased 5,000 shares of Norwegian Cruise Line stock in a transaction on Friday, November 7th. The stock was bought at an average price of $19.25 per share, with a total value of $96,250.00. Following the transaction, the director owned 50,325 shares of the company’s stock, valued at approximately $968,756.25. This represents a 11.03% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have purchased 90,029 shares of company stock worth $1,663,575. Company insiders own 0.41% of the company’s stock.
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.
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