Norwegian Cruise Line Holdings Ltd. $NCLH Shares Sold by Scotia Capital Inc.

Scotia Capital Inc. lowered its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 87.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,304 shares of the company’s stock after selling 96,484 shares during the quarter. Scotia Capital Inc.’s holdings in Norwegian Cruise Line were worth $270,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in NCLH. Cetera Investment Advisers increased its holdings in Norwegian Cruise Line by 110.3% during the 1st quarter. Cetera Investment Advisers now owns 205,879 shares of the company’s stock valued at $3,903,000 after acquiring an additional 107,989 shares in the last quarter. Natixis Advisors LLC lifted its holdings in shares of Norwegian Cruise Line by 8.7% in the first quarter. Natixis Advisors LLC now owns 179,139 shares of the company’s stock valued at $3,396,000 after purchasing an additional 14,308 shares in the last quarter. Commerce Bank grew its position in shares of Norwegian Cruise Line by 7.6% in the first quarter. Commerce Bank now owns 12,633 shares of the company’s stock valued at $240,000 after purchasing an additional 890 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Norwegian Cruise Line by 8.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 100,491 shares of the company’s stock worth $1,905,000 after purchasing an additional 7,665 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of Norwegian Cruise Line by 27.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,050,860 shares of the company’s stock worth $19,924,000 after purchasing an additional 227,872 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on NCLH. UBS Group upped their target price on Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday, August 26th. Stifel Nicolaus boosted their price target on Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, September 11th. The Goldman Sachs Group decreased their price objective on Norwegian Cruise Line from $27.00 to $23.00 and set a “buy” rating on the stock in a research note on Tuesday, November 11th. Truist Financial dropped their price objective on Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Susquehanna cut their target price on shares of Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and an average price target of $28.05.

Norwegian Cruise Line Price Performance

NCLH stock opened at $18.44 on Wednesday. The stock has a market capitalization of $8.39 billion, a price-to-earnings ratio of 12.72, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The stock’s fifty day simple moving average is $21.40 and its 200-day simple moving average is $21.99.

Norwegian Cruise Line (NYSE:NCLH) last released its earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The firm had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $3.03 billion. 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. Equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Insider Buying and Selling at Norwegian Cruise Line

In related news, CEO Harry Sommer purchased 25,000 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average price of $18.52 per share, with a total value of $463,000.00. Following the completion of the transaction, the chief executive officer owned 720,728 shares of the company’s stock, valued at approximately $13,347,882.56. This trade represents a 3.59% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Zillah Byng-Thorne purchased 29,008 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were bought at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the purchase, the director owned 66,017 shares of the company’s stock, valued at $1,195,567.87. This trade represents a 78.38% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders bought 90,029 shares of company stock worth $1,663,575. 0.41% of the stock is currently owned by insiders.

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.