Greenhouse Funds LLLP Has $97.93 Million Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Greenhouse Funds LLLP increased its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 17.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,829,045 shares of the company’s stock after purchasing an additional 728,197 shares during the period. Norwegian Cruise Line makes up about 4.0% of Greenhouse Funds LLLP’s investment portfolio, making the stock its 6th largest position. Greenhouse Funds LLLP’s holdings in Norwegian Cruise Line were worth $97,933,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Quantbot Technologies LP raised its position in shares of Norwegian Cruise Line by 34.3% during the 2nd quarter. Quantbot Technologies LP now owns 168,286 shares of the company’s stock valued at $3,413,000 after buying an additional 42,995 shares in the last quarter. New York State Common Retirement Fund increased its stake in Norwegian Cruise Line by 16.0% during the second quarter. New York State Common Retirement Fund now owns 481,207 shares of the company’s stock worth $9,759,000 after acquiring an additional 66,306 shares during the last quarter. Norges Bank purchased a new stake in Norwegian Cruise Line during the second quarter valued at approximately $49,620,000. Patient Capital Management LLC lifted its stake in shares of Norwegian Cruise Line by 31.2% in the 2nd quarter. Patient Capital Management LLC now owns 4,708,579 shares of the company’s stock valued at $95,490,000 after purchasing an additional 1,118,486 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new stake in shares of Norwegian Cruise Line in the 2nd quarter valued at approximately $2,133,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Down 0.7%

NCLH stock opened at $18.44 on Wednesday. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. The firm’s 50-day moving average is $21.40 and its 200 day moving average is $21.99. The company has a market capitalization of $8.39 billion, a PE ratio of 12.72, a P/E/G ratio of 0.71 and a beta of 2.22. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16.

Norwegian Cruise Line (NYSE:NCLH) last issued its earnings results on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The business had revenue of $2.94 billion for the quarter, compared to the consensus estimate 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 and its FY 2025 guidance at 2.100-2.100 EPS. On average, research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on NCLH shares. JPMorgan Chase & Co. cut their target price on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. UBS Group boosted their price objective on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, August 26th. Stifel Nicolaus raised their target price 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. Truist Financial dropped their price target on shares of Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, Susquehanna reduced their price objective on shares of Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $28.05.

Insider Activity at Norwegian Cruise Line

In other news, CFO Mark Kempa bought 10,635 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was acquired at an average cost of $18.53 per share, with a total value of $197,066.55. Following the transaction, the chief financial officer directly owned 369,352 shares in the company, valued at approximately $6,844,092.56. This trade represents a 2.96% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jason Montague bought 13,400 shares of the stock in a transaction on Thursday, November 6th. The stock was purchased at an average price of $18.81 per share, with a total value of $252,054.00. Following the completion of the acquisition, the insider directly owned 13,400 shares in the company, valued at approximately $252,054. This trade represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 90,029 shares of company stock worth $1,663,575 over the last three months. Corporate insiders own 0.41% of the company’s stock.

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.