Norwegian Cruise Line Holdings Ltd. $NCLH Shares Acquired by Cibc World Market Inc.

Cibc World Market Inc. increased its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHFree Report) by 48.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,814,098 shares of the company’s stock after purchasing an additional 589,405 shares during the quarter. Cibc World Market Inc.’s holdings in Norwegian Cruise Line were worth $40,491,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MUFG Securities EMEA plc purchased a new position in Norwegian Cruise Line in the 2nd quarter valued at about $26,000. Clearstead Advisors LLC lifted its holdings in Norwegian Cruise Line by 130.2% in the 4th quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock valued at $36,000 after purchasing an additional 909 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in Norwegian Cruise Line in the 4th quarter valued at $42,000. Thompson Investment Management Inc. acquired a new stake in Norwegian Cruise Line during the 4th quarter worth $44,000. Finally, Westside Investment Management Inc. grew its holdings in shares of Norwegian Cruise Line by 81.9% during the third quarter. Westside Investment Management Inc. now owns 2,004 shares of the company’s stock worth $49,000 after buying an additional 902 shares in the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NCLH. The Goldman Sachs Group set a $14.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, May 5th. Loop Capital assumed coverage on shares of Norwegian Cruise Line in a research note on Monday. They set a “buy” rating and a $22.00 price objective for the company. JPMorgan Chase & Co. cut their price objective on shares of Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Monday, April 27th. UBS Group decreased their target price on shares of Norwegian Cruise Line from $22.00 to $17.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Finally, Bank of America dropped their price target on Norwegian Cruise Line from $30.00 to $27.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $20.95.

View Our Latest Stock Analysis on NCLH

Insider Activity

In other Norwegian Cruise Line news, CEO John Chidsey acquired 153,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were purchased at an average cost of $16.37 per share, for a total transaction of $2,504,610.00. Following the completion of the acquisition, the chief executive officer owned 1,139,940 shares of the company’s stock, valued at approximately $18,660,817.80. The trade was a 15.50% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jonathan Z. Cohen acquired 30,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average price of $15.83 per share, with a total value of $474,900.00. Following the completion of the transaction, the director directly owned 38,912 shares of the company’s stock, valued at $615,976.96. This trade represents a 336.62% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 1,592,467 shares of company stock worth $28,493,204 in the last 90 days. 0.41% of the stock is owned by corporate insiders.

Trending Headlines about Norwegian Cruise Line

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Norwegian Cruise Line Trading Up 5.6%

Shares of NCLH opened at $19.17 on Friday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.53 and a 12-month high of $27.18. The firm has a market capitalization of $8.80 billion, a P/E ratio of 16.11, a P/E/G ratio of 1.15 and a beta of 1.89. The firm has a 50-day moving average price of $18.22 and a 200 day moving average price of $20.28. The company has a current ratio of 0.21, a quick ratio of 0.18 and a debt-to-equity ratio of 5.75.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last issued its earnings results on Monday, May 4th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the previous year, the firm earned $0.07 earnings per share. Norwegian Cruise Line’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. Sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Norwegian Cruise Line Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Norwegian Cruise Line (NYSE:NCLH)

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