Norwegian Cruise Line Holdings Ltd. $NCLH Shares Sold by Royal Bank of Canada

Royal Bank of Canada decreased its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 56.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 440,829 shares of the company’s stock after selling 575,889 shares during the period. Royal Bank of Canada’s holdings in Norwegian Cruise Line were worth $8,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Integrated Wealth Concepts LLC raised its position in Norwegian Cruise Line by 26.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company’s stock worth $439,000 after buying an additional 4,872 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Norwegian Cruise Line by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company’s stock valued at $917,000 after acquiring an additional 2,002 shares during the last quarter. Woodline Partners LP boosted its holdings in shares of Norwegian Cruise Line by 40.7% in the 1st quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock valued at $704,000 after acquiring an additional 10,743 shares during the last quarter. Jump Financial LLC increased its stake in shares of Norwegian Cruise Line by 133.0% in the second quarter. Jump Financial LLC now owns 38,904 shares of the company’s stock worth $789,000 after acquiring an additional 22,204 shares during the period. Finally, California Public Employees Retirement System increased its stake in shares of Norwegian Cruise Line by 5.1% in the second quarter. California Public Employees Retirement System now owns 766,825 shares of the company’s stock worth $15,551,000 after acquiring an additional 37,071 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on NCLH. Loop Capital initiated coverage on shares of Norwegian Cruise Line in a research report on Monday, June 1st. They set a “buy” rating and a $22.00 target price for the company. Mizuho reduced their price objective on Norwegian Cruise Line from $24.00 to $22.00 and set an “outperform” rating for the company in a research note on Friday, July 31st. Freedom Capital cut Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. Stifel Nicolaus lowered their target price on Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Finally, Jefferies Financial Group raised their target price on Norwegian Cruise Line from $16.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Norwegian Cruise Line presently has a consensus rating of “Hold” and a consensus target price of $21.15.

Norwegian Cruise Line Stock Down 3.7%

Norwegian Cruise Line stock opened at $18.53 on Tuesday. The company has a debt-to-equity ratio of 5.40, a current ratio of 0.20 and a quick ratio of 0.17. The stock has a market capitalization of $8.51 billion, a PE ratio of 11.58, a price-to-earnings-growth ratio of 1.20 and a beta of 1.90. The business has a 50 day simple moving average of $19.67 and a 200-day simple moving average of $19.85. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.53 and a 12 month high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last announced its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.07. The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.65 billion. Norwegian Cruise Line had a return on equity of 41.38% and a net margin of 7.49%.The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 EPS. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. On average, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.44 EPS for the current fiscal year.

Insider Activity

In other Norwegian Cruise Line news, Director Stephen G. Pagliuca bought 695,000 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was acquired at an average price of $18.16 per share, with a total value of $12,621,200.00. Following the completion of the acquisition, the director directly owned 703,912 shares of the company’s stock, valued at $12,783,041.92. This represents a 7,798.47% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jonathan Z. Cohen bought 30,000 shares of Norwegian Cruise Line stock in a transaction dated 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 approximately $615,976.96. The trade was a 336.62% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 1,563,000 shares of company stock worth $27,971,810 over the last quarter. 0.25% of the stock is currently owned by corporate insiders.

Norwegian Cruise Line Company Profile

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.