Norwegian Cruise Line Holdings Ltd. $NCLH Position Reduced by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lowered its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 64.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 299,257 shares of the company’s stock after selling 539,833 shares during the period. Los Angeles Capital Management LLC owned 0.07% of Norwegian Cruise Line worth $6,069,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Ariel Investments LLC grew its stake in Norwegian Cruise Line by 126.8% in the first quarter. Ariel Investments LLC now owns 9,081,170 shares of the company’s stock worth $172,179,000 after purchasing an additional 5,077,531 shares in the last quarter. 59 North Capital Management LP acquired a new position in shares of Norwegian Cruise Line in the 1st quarter worth approximately $69,877,000. Invesco Ltd. grew its position in shares of Norwegian Cruise Line by 22.7% in the 1st quarter. Invesco Ltd. now owns 11,477,606 shares of the company’s stock worth $217,615,000 after acquiring an additional 2,122,501 shares in the last quarter. Atreides Management LP bought a new stake in shares of Norwegian Cruise Line in the 1st quarter valued at approximately $30,781,000. Finally, Commonwealth Equity Services LLC raised its position in shares of Norwegian Cruise Line by 130.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,426,579 shares of the company’s stock valued at $49,211,000 after acquiring an additional 1,375,719 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Price Performance

NYSE NCLH opened at $19.05 on Monday. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week 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 $8.67 billion, a price-to-earnings ratio of 13.14, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. The company has a 50-day moving average price of $23.86 and a two-hundred day moving average price of $21.93.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%. 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 forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on NCLH shares. TD Cowen initiated coverage on shares of Norwegian Cruise Line in a report on Tuesday, July 22nd. They issued a “buy” rating and a $31.00 price objective for the company. JPMorgan Chase & Co. reduced their price target on shares of Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. Wall Street Zen raised shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Norwegian Cruise Line in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus lifted their target price on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, September 11th. Three equities research 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 company has an average rating of “Moderate Buy” and a consensus target price of $28.74.

Insider Buying and Selling at Norwegian Cruise Line

In related news, insider Jason Montague acquired 13,400 shares of Norwegian Cruise Line stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average price of $18.81 per share, with a total value of $252,054.00. Following the completion of the acquisition, the insider directly owned 13,400 shares of the company’s stock, valued at $252,054. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Mark Kempa bought 10,635 shares of the stock in a transaction on Thursday, November 6th. The shares were bought at an average cost of $18.53 per share, for a total transaction of $197,066.55. Following the purchase, the chief financial officer owned 369,352 shares in the company, valued at $6,844,092.56. This trade represents a 2.96% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 49,035 shares of company stock valued at $912,121 in the last quarter. Corporate insiders own 0.41% of the company’s stock.

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.