Legal & General Group Plc Grows Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Legal & General Group Plc increased its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 831,104 shares of the company’s stock after buying an additional 34,998 shares during the period. Legal & General Group Plc’s holdings in Norwegian Cruise Line were worth $18,550,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MUFG Securities EMEA plc purchased a new stake in Norwegian Cruise Line during the 2nd quarter worth $26,000. Aventura Private Wealth LLC acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at about $42,000. Thompson Investment Management Inc. acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at about $44,000. Westside Investment Management Inc. raised its stake in shares of Norwegian Cruise Line by 81.9% in the 3rd quarter. Westside Investment Management Inc. now owns 2,004 shares of the company’s stock valued at $49,000 after purchasing an additional 902 shares in the last quarter. Finally, SouthState Bank Corp raised its stake in shares of Norwegian Cruise Line by 74.5% in the 3rd quarter. SouthState Bank Corp now owns 2,201 shares of the company’s stock valued at $54,000 after purchasing an additional 940 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Down 1.4%

NYSE NCLH opened at $18.08 on Tuesday. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.53 and a one year high of $27.18. The company has a 50-day simple moving average of $18.28 and a 200-day simple moving average of $20.28. The company has a debt-to-equity ratio of 5.75, a quick ratio of 0.18 and a current ratio of 0.21. The firm has a market capitalization of $8.30 billion, a PE ratio of 15.19, a price-to-earnings-growth ratio of 1.16 and a beta of 1.89.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.15 by $0.08. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same period in the previous year, the business posted $0.07 EPS. The company’s quarterly revenue was up 9.6% on a year-over-year basis. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. On average, equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analysts Set New Price Targets

NCLH has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their target price on shares of Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating on the stock in a research note on Monday, April 27th. Morgan Stanley cut their target price on shares of Norwegian Cruise Line from $23.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 5th. Loop Capital initiated coverage on shares of Norwegian Cruise Line in a research note on Monday. They issued a “buy” rating and a $22.00 target price on the stock. Truist Financial cut their target price on shares of Norwegian Cruise Line from $25.00 to $20.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. Finally, The Goldman Sachs Group set a $14.00 target price on shares of Norwegian Cruise Line in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $21.11.

Insider Activity

In other Norwegian Cruise Line news, CEO John Chidsey purchased 153,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was acquired at an average cost of $16.37 per share, with a total value of $2,504,610.00. Following the acquisition, the chief executive officer owned 1,139,940 shares of the company’s stock, valued at approximately $18,660,817.80. This represents a 15.50% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Zillah Byng-Thorne bought 25,015 shares of Norwegian Cruise Line stock in a transaction on Thursday, May 7th. The shares were purchased at an average cost of $17.67 per share, with a total value of $442,015.05. Following the completion of the purchase, the director directly owned 99,811 shares in the company, valued at $1,763,660.37. This trade represents a 33.44% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders acquired 212,467 shares of company stock valued at $3,500,904. Company insiders own 0.41% of the company’s stock.

Norwegian Cruise Line Profile

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.