Q Global Advisors LLC Sells 148,209 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Q Global Advisors LLC lowered its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHFree Report) by 54.9% during the first quarter, HoldingsChannel reports. The firm owned 121,885 shares of the company’s stock after selling 148,209 shares during the quarter. Norwegian Cruise Line comprises 2.0% of Q Global Advisors LLC’s holdings, making the stock its 13th largest holding. Q Global Advisors LLC’s holdings in Norwegian Cruise Line were worth $2,279,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Lazard Asset Management LLC grew its position in shares of Norwegian Cruise Line by 14.6% in the 1st quarter. Lazard Asset Management LLC now owns 90,373 shares of the company’s stock valued at $1,690,000 after purchasing an additional 11,487 shares during the period. Gateway Wealth Partners LLC bought a new stake in Norwegian Cruise Line during the 1st quarter worth approximately $204,000. Troluce Capital Advisors LLC acquired a new stake in Norwegian Cruise Line during the 1st quarter worth approximately $2,975,000. Waverly Advisors LLC raised its holdings in Norwegian Cruise Line by 36.3% during the 1st quarter. Waverly Advisors LLC now owns 18,593 shares of the company’s stock worth $348,000 after buying an additional 4,949 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Norwegian Cruise Line by 58.9% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 28,606 shares of the company’s stock valued at $535,000 after buying an additional 10,609 shares in the last quarter. Institutional investors own 69.58% of the company’s stock.

Trending Headlines about Norwegian Cruise Line

Here are the key news stories impacting Norwegian Cruise Line this week:

  • Positive Sentiment: Some market commentary suggests NCLH could beat upcoming Q2 earnings expectations, which may support investor optimism ahead of the report. Article Title

Insider Buying and Selling at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Jonathan Z. Cohen acquired 30,000 shares of Norwegian Cruise Line stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of $15.83 per share, for a total transaction of $474,900.00. Following the purchase, the director directly owned 38,912 shares in the company, valued at approximately $615,976.96. This represents a 336.62% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Stephen G. Pagliuca acquired 695,000 shares of Norwegian Cruise Line stock in a transaction dated Monday, June 1st. The shares were acquired at an average price of $18.16 per share, with a total value of $12,621,200.00. Following the completion of the purchase, the director owned 703,912 shares in the company, valued at approximately $12,783,041.92. The trade was a 7,798.47% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 1,592,467 shares of company stock worth $28,493,204 in the last three months. 0.25% of the stock is currently owned by company insiders.

Norwegian Cruise Line Price Performance

Shares of NCLH opened at $19.39 on Monday. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 5.75. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.53 and a twelve month high of $27.18. The stock has a market capitalization of $8.90 billion, a P/E ratio of 16.29, a P/E/G ratio of 1.15 and a beta of 1.87. The company has a 50 day moving average of $19.04 and a 200-day moving average of $20.13.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.36 billion. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.07 earnings per share. 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. As a group, equities research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.51 EPS for the current fiscal year.

Analyst Ratings Changes

NCLH has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $18.00 price target on shares of Norwegian Cruise Line in a report on Tuesday, May 5th. JPMorgan Chase & Co. dropped their price objective on shares of Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Truist Financial cut shares of Norwegian Cruise Line from a “buy” rating to a “hold” rating and set a $20.00 price objective on the stock. in a research report on Thursday. Susquehanna reduced their target price on shares of Norwegian Cruise Line from $20.00 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Finally, Stifel Nicolaus reduced their target price on shares of Norwegian Cruise Line from $27.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of “Hold” and a consensus price target of $21.60.

Check Out Our Latest Stock Analysis on NCLH

About Norwegian Cruise Line

(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.

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

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