Norwegian Cruise Line Holdings Ltd. $NCLH is Columbus Hill Capital Management L.P.’s 4th Largest Position

Columbus Hill Capital Management L.P. lifted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 27.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,576,709 shares of the company’s stock after acquiring an additional 547,790 shares during the quarter. Norwegian Cruise Line accounts for about 7.5% of Columbus Hill Capital Management L.P.’s portfolio, making the stock its 4th largest position. Columbus Hill Capital Management L.P. owned 0.57% of Norwegian Cruise Line worth $52,256,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Norwegian Cruise Line by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 53,960,561 shares of the company’s stock valued at $1,023,092,000 after acquiring an additional 653,279 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Norwegian Cruise Line by 3.3% in the 2nd quarter. Geode Capital Management LLC now owns 11,636,194 shares of the company’s stock valued at $235,532,000 after purchasing an additional 370,064 shares in the last quarter. Invesco Ltd. grew its holdings in Norwegian Cruise Line by 22.7% during the first 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 during the period. Ariel Investments LLC grew its stake in shares of Norwegian Cruise Line by 126.8% during the 1st 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 during the period. Finally, Northern Trust Corp increased its holdings in Norwegian Cruise Line by 2.6% in the first quarter. Northern Trust Corp now owns 4,272,790 shares of the company’s stock valued at $81,012,000 after buying an additional 109,396 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Up 3.3%

NYSE:NCLH opened at $18.33 on Wednesday. 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 firm has a market capitalization of $8.34 billion, a PE ratio of 12.64, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. The stock has a 50 day moving average of $22.09 and a 200-day moving average of $22.02.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. The company had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $3.03 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. 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 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Morgan Stanley cut their price target on Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, November 10th. JPMorgan Chase & Co. lowered their price objective on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Zacks Research lowered shares of Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Wells Fargo & Company started coverage on Norwegian Cruise Line in a report on Tuesday, November 18th. They issued an “overweight” rating and a $30.00 price objective on the stock. Finally, Barclays reduced their target price on shares of Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.37.

Insider Buying and Selling

In other Norwegian Cruise Line news, CFO Mark Kempa purchased 10,635 shares of the stock in a transaction dated Thursday, November 6th. The shares were bought at an average cost of $18.53 per share, with a total value of $197,066.55. Following the completion of the acquisition, the chief financial officer owned 369,352 shares of the company’s stock, valued at approximately $6,844,092.56. This trade represents a 2.96% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stella David purchased 6,986 shares of Norwegian Cruise Line stock in a transaction dated Thursday, November 6th. The stock was bought at an average cost of $18.59 per share, with a total value of $129,869.74. Following the completion of the purchase, the director owned 103,474 shares in the company, valued at approximately $1,923,581.66. This trade represents a 7.24% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have purchased 90,029 shares of company stock valued at $1,663,575. Company insiders own 0.41% of the company’s stock.

Norwegian Cruise Line 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.