MQS Management LLC Acquires 12,930 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

MQS Management LLC grew its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 98.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 26,089 shares of the company’s stock after buying an additional 12,930 shares during the period. MQS Management LLC’s holdings in Norwegian Cruise Line were worth $529,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Sentry Investment Management LLC bought a new position in shares of Norwegian Cruise Line during the second quarter valued at approximately $31,000. New Age Alpha Advisors LLC bought a new position in shares of Norwegian Cruise Line during the first quarter valued at approximately $33,000. Bogart Wealth LLC grew its stake 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 valued at $42,000 after buying an additional 2,024 shares during the last quarter. SVB Wealth LLC bought a new position in shares of Norwegian Cruise Line during the first quarter valued at approximately $56,000. Finally, Parallel Advisors LLC grew its stake 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 valued at $58,000 after buying an additional 874 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Up 0.0%

Shares of NYSE NCLH opened at $23.49 on Friday. 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 capitalization of $10.61 billion, a PE ratio of 16.20, a price-to-earnings-growth ratio of 0.75 and a beta of 2.21. The stock’s fifty day simple moving average is $24.58 and its two-hundred day simple moving average is $21.57. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29.

Norwegian Cruise Line (NYSE:NCLH) last announced its earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The firm’s revenue was up 6.1% compared to the same quarter last year. During the same period last year, the business posted $0.40 EPS. 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, analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on NCLH shares. Wall Street Zen raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research note on Friday, July 18th. Tigress Financial increased their price objective on Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, August 27th. Bank of America increased 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. Susquehanna increased their price objective on Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. Finally, Truist Financial increased their price objective on Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, September 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.