Patriot Financial Group Insurance Agency LLC Increases Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

Patriot Financial Group Insurance Agency LLC lifted its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 29.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,954 shares of the company’s stock after purchasing an additional 6,647 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Norwegian Cruise Line were worth $587,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. New Age Alpha Advisors LLC purchased a new position in Norwegian Cruise Line during the 1st quarter worth approximately $33,000. Bogart Wealth LLC raised its position in Norwegian Cruise Line by 1,012.0% during the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock worth $42,000 after buying an additional 2,024 shares during the last quarter. CENTRAL TRUST Co raised its position in Norwegian Cruise Line by 2,621.0% during the 1st quarter. CENTRAL TRUST Co now owns 2,721 shares of the company’s stock worth $52,000 after buying an additional 2,621 shares during the last quarter. SVB Wealth LLC purchased a new position in Norwegian Cruise Line during the 1st quarter worth approximately $56,000. Finally, Parallel Advisors LLC raised its position in Norwegian Cruise Line by 43.6% during the 2nd quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock worth $58,000 after buying an additional 874 shares during the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Stifel Nicolaus raised their price target on shares of Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, September 11th. Mizuho raised their price target on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Barclays raised their price target on shares of Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. UBS Group raised their price objective on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 26th. Finally, Morgan Stanley raised their price objective on shares of Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Monday, August 4th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and an average price target of $27.80.

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock opened at $24.31 on Friday. The company’s fifty day moving average price is $24.86 and its 200 day moving average price is $21.05. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The stock has a market capitalization of $10.98 billion, a P/E ratio of 16.76, a P/E/G ratio of 1.08 and a beta of 2.21. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The company had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same period in the prior year, the business posted $0.40 EPS. Norwegian Cruise Line’s revenue was up 6.1% compared to the same quarter last year. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. As a group, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Norwegian Cruise Line Company 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.