Primecap Management Co. CA Has $34.82 Million Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

Primecap Management Co. CA lowered its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 0.5% during the second quarter, HoldingsChannel reports. The firm owned 1,716,705 shares of the company’s stock after selling 9,299 shares during the quarter. Primecap Management Co. CA’s holdings in Norwegian Cruise Line were worth $34,815,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of NCLH. Sentry Investment Management LLC acquired a new stake in Norwegian Cruise Line during the second quarter worth approximately $31,000. New Age Alpha Advisors LLC bought a new position in Norwegian Cruise Line in the first quarter valued at about $33,000. Hantz Financial Services Inc. lifted its stake in Norwegian Cruise Line by 133.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after purchasing an additional 1,305 shares during the last quarter. SVB Wealth LLC bought a new position in shares of Norwegian Cruise Line in the 1st quarter valued at $56,000. Finally, Parallel Advisors LLC boosted its stake in shares of Norwegian Cruise Line by 43.6% during the second quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock valued at $58,000 after purchasing an additional 874 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Down 0.4%

Shares of NCLH opened at $17.77 on Thursday. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. The company has a market capitalization of $8.09 billion, a P/E ratio of 12.25, a P/E/G ratio of 0.71 and a beta of 2.22. The firm’s 50 day simple moving average is $22.76 and its 200 day simple moving average is $21.97.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. Sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Insider Activity

In other Norwegian Cruise Line news, Director Harry C. Curtis purchased 5,000 shares of the firm’s stock in a transaction on Friday, November 7th. The shares were acquired at an average cost of $19.25 per share, for a total transaction of $96,250.00. Following the completion of the transaction, the director owned 50,325 shares of the company’s stock, valued at approximately $968,756.25. The trade was a 11.03% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Harry Sommer purchased 25,000 shares of the stock in a transaction on Thursday, November 6th. The shares were purchased at an average cost of $18.52 per share, for a total transaction of $463,000.00. Following the acquisition, the chief executive officer directly owned 720,728 shares of the company’s stock, valued at approximately $13,347,882.56. This represents a 3.59% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have bought 90,029 shares of company stock worth $1,663,575. Company insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

NCLH has been the subject of several analyst reports. Barclays dropped their price target on shares of Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Susquehanna cut their target price on Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, November 12th. UBS Group upped their price target on Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, August 26th. Mizuho raised their price objective on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Finally, Morgan Stanley reduced their target price on Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, November 10th. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $28.37.

About Norwegian Cruise Line

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.