Signature Estate & Investment Advisors LLC Grows Stock Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Signature Estate & Investment Advisors LLC grew its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHFree Report) by 14.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 20,407 shares of the company’s stock after acquiring an additional 2,555 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Norwegian Cruise Line were worth $414,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in NCLH. Ariel Investments LLC boosted its stake in shares of Norwegian Cruise Line by 126.8% during the 1st quarter. Ariel Investments LLC now owns 9,081,170 shares of the company’s stock valued at $172,179,000 after buying an additional 5,077,531 shares during the last quarter. 59 North Capital Management LP purchased a new position in shares of Norwegian Cruise Line during the 1st quarter valued at approximately $69,877,000. Invesco Ltd. boosted its stake in shares of Norwegian Cruise Line by 22.7% during the 1st quarter. Invesco Ltd. now owns 11,477,606 shares of the company’s stock valued at $217,615,000 after buying an additional 2,122,501 shares during the last quarter. Atreides Management LP purchased a new position in shares of Norwegian Cruise Line during the 1st quarter valued at approximately $30,781,000. Finally, Nuveen LLC purchased a new position in shares of Norwegian Cruise Line during the 1st quarter valued at approximately $18,427,000. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NCLH has been the topic of several research analyst reports. Bank of America raised their price objective on Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Citigroup raised their price objective on Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Wall Street Zen upgraded Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research note on Friday, July 18th. 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 note on Friday, August 1st. Finally, TD Cowen initiated coverage on Norwegian Cruise Line in a research note on Tuesday, July 22nd. They set a “buy” rating and a $31.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.80.

Get Our Latest Analysis on NCLH

Norwegian Cruise Line Price Performance

Shares of NCLH opened at $23.26 on Tuesday. The firm has a market capitalization of $10.51 billion, a price-to-earnings ratio of 16.04, a price-to-earnings-growth ratio of 1.00 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 Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The stock’s fifty day moving average is $24.64 and its 200-day moving average is $21.38.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the prior year, the business earned $0.40 EPS. The company’s quarterly 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. Equities analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Norwegian Cruise Line Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Norwegian Cruise Line (NYSE:NCLH)

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