Ossiam raised its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 9,252.5% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 597,440 shares of the company’s stock after purchasing an additional 591,052 shares during the period. Ossiam owned approximately 0.13% of Norwegian Cruise Line worth $14,715,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GRS Advisors LLC purchased a new stake in shares of Norwegian Cruise Line in the third quarter worth approximately $34,245,000. Archon Partners LLC purchased a new position in shares of Norwegian Cruise Line during the third quarter valued at approximately $6,034,000. Wellington Management Group LLP grew its holdings in Norwegian Cruise Line by 142.4% during the third quarter. Wellington Management Group LLP now owns 826,782 shares of the company’s stock worth $20,364,000 after buying an additional 485,715 shares in the last quarter. Columbus Hill Capital Management L.P. raised its position in Norwegian Cruise Line by 5.6% in the 3rd quarter. Columbus Hill Capital Management L.P. now owns 2,720,728 shares of the company’s stock valued at $67,012,000 after buying an additional 144,019 shares during the last quarter. Finally, Glenmede Investment Management LP raised its position in Norwegian Cruise Line by 7.7% in the 3rd quarter. Glenmede Investment Management LP now owns 18,408 shares of the company’s stock valued at $453,000 after buying an additional 1,321 shares during the last quarter. 69.58% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on NCLH. Wolfe Research reaffirmed an “outperform” rating and set a $25.00 price objective on shares of Norwegian Cruise Line in a report on Tuesday, March 3rd. Citigroup boosted their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. JPMorgan Chase & Co. reduced their target price on Norwegian Cruise Line from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Bank of America decreased 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. Finally, Truist Financial lowered their target price on Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $25.55.
Norwegian Cruise Line Price Performance
Shares of NYSE NCLH opened at $18.87 on Friday. The company has a current ratio of 0.21, a quick ratio of 0.18 and a debt-to-equity ratio of 6.21. The stock has a fifty day simple moving average of $22.40 and a two-hundred day simple moving average of $22.34. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $27.18. The firm has a market cap of $8.60 billion, a price-to-earnings ratio of 21.69, a price-to-earnings-growth ratio of 0.52 and a beta of 2.00.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last issued its earnings results on Monday, March 2nd. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.34 billion. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.The business’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.26 earnings per share. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. Analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.
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.
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