Chevy Chase Trust Holdings LLC Raises Stock Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Chevy Chase Trust Holdings LLC increased its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 2.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 236,102 shares of the company’s stock after acquiring an additional 5,397 shares during the quarter. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Norwegian Cruise Line worth $4,788,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NCLH. New Age Alpha Advisors LLC purchased a new stake in Norwegian Cruise Line in the 1st quarter worth $33,000. Bogart Wealth LLC grew its holdings in shares of Norwegian Cruise Line by 1,012.0% during the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock worth $42,000 after buying an additional 2,024 shares in the last quarter. SVB Wealth LLC purchased a new stake in shares of Norwegian Cruise Line during the first quarter worth $56,000. Parallel Advisors LLC grew its holdings in shares of Norwegian Cruise Line by 43.6% during the second quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock worth $58,000 after buying an additional 874 shares in the last quarter. Finally, Brooklyn Investment Group grew its holdings in shares of Norwegian Cruise Line by 22.0% during the first quarter. Brooklyn Investment Group now owns 3,394 shares of the company’s stock worth $64,000 after buying an additional 613 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Up 1.4%

Shares of NCLH stock opened at $23.26 on Tuesday. The company’s 50-day moving average price is $24.64 and its 200-day moving average price is $21.38. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. The stock has a market cap of $10.51 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 1.00 and a beta of 2.21.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Thursday, July 31st. The company reported $0.51 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 previous year, the company 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. As a group, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Wall Street Analyst Weigh In

NCLH has been the subject of a number of research reports. Zacks Research raised shares of Norwegian Cruise Line from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 16th. Wall Street Zen raised shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Friday, July 18th. Susquehanna upped their target price on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. Jefferies Financial Group boosted their price target on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Finally, Mizuho boosted their price target on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. 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 MarketBeat, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and an average price target of $27.80.

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.