Rhumbline Advisers Acquires 41,077 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Rhumbline Advisers grew its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 4.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 932,205 shares of the company’s stock after buying an additional 41,077 shares during the period. Rhumbline Advisers owned 0.21% of Norwegian Cruise Line worth $18,905,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. AdvisorShares Investments LLC raised its holdings in Norwegian Cruise Line by 12.0% in the second quarter. AdvisorShares Investments LLC now owns 5,377 shares of the company’s stock worth $109,000 after purchasing an additional 577 shares in the last quarter. Omnia Family Wealth LLC grew its position in shares of Norwegian Cruise Line by 3.9% in the 2nd quarter. Omnia Family Wealth LLC now owns 15,410 shares of the company’s stock worth $313,000 after buying an additional 583 shares during the period. Brooklyn Investment Group increased its stake in shares of Norwegian Cruise Line by 22.0% in the 1st quarter. Brooklyn Investment Group now owns 3,394 shares of the company’s stock worth $64,000 after acquiring an additional 613 shares in the last quarter. Franklin Resources Inc. lifted its position in Norwegian Cruise Line by 3.8% during the 2nd quarter. Franklin Resources Inc. now owns 17,649 shares of the company’s stock valued at $358,000 after acquiring an additional 644 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its stake in Norwegian Cruise Line by 4.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 16,661 shares of the company’s stock worth $338,000 after acquiring an additional 669 shares in the last quarter. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock opened at $18.49 on Friday. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05. The company has a 50 day moving average price of $21.67 and a 200-day moving average price of $21.96. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. The firm has a market capitalization of $8.42 billion, a PE ratio of 12.75, a P/E/G ratio of 0.71 and a beta of 2.22.

Norwegian Cruise Line (NYSE:NCLH) last issued its earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. The company had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. As a group, equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Insider Buying and Selling

In other Norwegian Cruise Line news, Director Zillah Byng-Thorne acquired 29,008 shares of the stock in a transaction dated Thursday, November 6th. The shares were purchased at an average price of $18.11 per share, for a total transaction of $525,334.88. Following the purchase, the director directly owned 66,017 shares of the company’s stock, valued at approximately $1,195,567.87. This trade represents a 78.38% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Mark Kempa acquired 10,635 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average cost of $18.53 per share, for a total transaction of $197,066.55. Following the acquisition, the chief financial officer owned 369,352 shares of the company’s stock, valued at $6,844,092.56. The trade was a 2.96% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 90,029 shares of company stock valued at $1,663,575 in the last 90 days. Insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NCLH. Barclays decreased their target price 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. JPMorgan Chase & Co. lowered their price target on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Susquehanna dropped their target price on shares of Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 12th. Tigress Financial increased their price target on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a report on Wednesday, August 27th. Finally, Stifel Nicolaus boosted their price objective on shares of Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, September 11th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and a consensus price target of $28.37.

Norwegian Cruise Line Profile

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.