KLP Kapitalforvaltning AS Has $1.97 Million Stock Position in Norwegian Cruise Line Holdings Ltd. $NCLH

KLP Kapitalforvaltning AS lifted its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 12.1% in the second quarter, HoldingsChannel reports. The firm owned 97,000 shares of the company’s stock after purchasing an additional 10,500 shares during the period. KLP Kapitalforvaltning AS’s holdings in Norwegian Cruise Line were worth $1,967,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brooklyn Investment Group raised its stake in shares of Norwegian Cruise Line by 22.0% during the 1st quarter. Brooklyn Investment Group now owns 3,394 shares of the company’s stock worth $64,000 after purchasing an additional 613 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of Norwegian Cruise Line by 4.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 16,661 shares of the company’s stock worth $338,000 after purchasing an additional 669 shares in the last quarter. Burns Matteson Capital Management LLC raised its stake in shares of Norwegian Cruise Line by 4.0% during the 1st quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company’s stock worth $334,000 after purchasing an additional 677 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of Norwegian Cruise Line by 0.3% during the 1st quarter. Hsbc Holdings PLC now owns 231,447 shares of the company’s stock worth $4,370,000 after purchasing an additional 684 shares in the last quarter. Finally, Allworth Financial LP raised its stake in shares of Norwegian Cruise Line by 19.1% during the 1st quarter. Allworth Financial LP now owns 4,690 shares of the company’s stock worth $89,000 after purchasing an additional 753 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Mizuho raised their price target on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Bank of America boosted their target price 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 boosted their target price on Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, September 19th. Susquehanna boosted their target price on Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. Finally, Zacks Research upgraded 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 given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $27.80.

Norwegian Cruise Line Stock Performance

NCLH opened at $22.44 on Monday. The stock has a market cap of $10.14 billion, a PE ratio of 15.48, a P/E/G ratio of 0.98 and a beta of 2.21. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The stock’s 50 day simple moving average is $24.80 and its 200-day simple moving average is $21.17.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.40 earnings per share. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current 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.