Amalgamated Bank boosted its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 3.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 95,605 shares of the company’s stock after buying an additional 3,415 shares during the quarter. Amalgamated Bank’s holdings in Norwegian Cruise Line were worth $1,939,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of NCLH. Sentry Investment Management LLC purchased a new position in Norwegian Cruise Line in the second quarter valued at $31,000. New Age Alpha Advisors LLC purchased a new position in Norwegian Cruise Line in the first quarter valued at $33,000. Bogart Wealth LLC increased its holdings in Norwegian Cruise Line by 1,012.0% in 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. Hantz Financial Services Inc. increased its holdings in Norwegian Cruise Line by 133.3% in the second quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after buying an additional 1,305 shares during the last quarter. Finally, SVB Wealth LLC purchased a new position in Norwegian Cruise Line in the first quarter valued at $56,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on NCLH shares. Stifel Nicolaus increased their target price on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, September 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Norwegian Cruise Line in a report on Wednesday, October 8th. Wall Street Zen raised Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Friday, July 18th. Tigress Financial raised their price objective on Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a “strong-buy” rating in a report on Wednesday, August 27th. Finally, Zacks Research raised Norwegian Cruise Line from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 16th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $28.74.
Norwegian Cruise Line Stock Performance
Shares of NCLH stock opened at $18.62 on Thursday. The stock’s 50-day moving average is $24.12 and its two-hundred day moving average is $21.86. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 12.84, a PEG ratio of 0.71 and a beta of 2.21. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. 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 – Get Free Report) last announced 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 net margin of 7.52% and a return on equity of 59.88%. The business had revenue of $2.94 billion during 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. FY 2025 guidance at 2.100-2.100 EPS. Analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current 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.
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