International Assets Investment Management LLC Raises Stock Position in Norwegian Cruise Line Holdings Ltd. $NCLH

International Assets Investment Management LLC raised its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 45.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 91,226 shares of the company’s stock after buying an additional 28,418 shares during the period. International Assets Investment Management LLC’s holdings in Norwegian Cruise Line were worth $1,850,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC purchased a new position in Norwegian Cruise Line in the first quarter valued at about $1,645,000. New Wave Wealth Advisors LLC increased its holdings in Norwegian Cruise Line by 5,467.9% in the first quarter. New Wave Wealth Advisors LLC now owns 18,374 shares of the company’s stock valued at $348,000 after buying an additional 18,044 shares in the last quarter. Emerald Advisers LLC increased its holdings in Norwegian Cruise Line by 251.7% in the first quarter. Emerald Advisers LLC now owns 63,670 shares of the company’s stock valued at $1,207,000 after buying an additional 45,569 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Norwegian Cruise Line by 46.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 255,726 shares of the company’s stock valued at $4,874,000 after buying an additional 81,691 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Norwegian Cruise Line by 0.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,581,365 shares of the company’s stock valued at $67,903,000 after buying an additional 33,549 shares in the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on NCLH. Barclays raised their price objective on shares of Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Mizuho raised their price objective on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Stifel Nicolaus raised their price objective on shares of Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, September 11th. Citigroup raised their price objective on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Norwegian Cruise Line in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $27.80.

Norwegian Cruise Line Stock Up 0.4%

NCLH stock opened at $22.94 on Monday. The stock has a market capitalization of $10.37 billion, a P/E ratio of 15.82, a PEG ratio of 1.00 and a beta of 2.21. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The company has a 50 day moving average price of $24.65 and a two-hundred day moving average price of $21.33.

Norwegian Cruise Line (NYSE:NCLH) last released its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The firm had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.55 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The firm’s revenue was up 6.1% on a year-over-year basis. During the same period in the previous 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. As a group, sell-side analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

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.