ProShare Advisors LLC Has $2.89 Million Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

ProShare Advisors LLC grew its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 3.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 142,617 shares of the company’s stock after purchasing an additional 4,294 shares during the quarter. ProShare Advisors LLC’s holdings in Norwegian Cruise Line were worth $2,892,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Sentry Investment Management LLC bought a new position in Norwegian Cruise Line during the second quarter worth $31,000. New Age Alpha Advisors LLC acquired a new stake in Norwegian Cruise Line in the 1st quarter worth $33,000. Hantz Financial Services Inc. increased its holdings in shares of Norwegian Cruise Line by 133.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock worth $46,000 after purchasing an additional 1,305 shares during the period. SVB Wealth LLC acquired a new position in shares of Norwegian Cruise Line during the first quarter valued at about $56,000. Finally, Parallel Advisors LLC lifted its stake in shares of Norwegian Cruise Line by 43.6% in 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 period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Insider Activity

In other Norwegian Cruise Line news, CFO Mark Kempa bought 10,635 shares of the business’s 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 transaction, the chief financial officer owned 369,352 shares in the company, valued at approximately $6,844,092.56. This trade represents a 2.96% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jason Montague purchased 13,400 shares of the stock in a transaction dated Thursday, November 6th. The shares were acquired at an average price of $18.81 per share, with a total value of $252,054.00. Following the transaction, the insider owned 13,400 shares in the company, valued at $252,054. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have acquired 90,029 shares of company stock worth $1,663,575. 0.41% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

NCLH has been the topic of several research reports. Mizuho boosted their price target on Norwegian Cruise Line from $26.00 to $29.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Bank of America lifted their price objective on Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a “neutral” rating in a report on Wednesday, July 23rd. Truist Financial upped their target price on Norwegian Cruise Line from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Susquehanna decreased their price target on shares of Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, Barclays dropped their price objective on shares of Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and an average price target of $28.26.

Norwegian Cruise Line Trading Down 1.5%

NCLH stock opened at $18.29 on Friday. The business has a fifty day moving average price of $23.21 and a 200 day moving average price of $21.95. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The stock has a market capitalization of $8.32 billion, a price-to-earnings ratio of 12.61, a P/E/G ratio of 0.71 and a beta of 2.22.

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

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.