Norwegian Cruise Line Holdings Ltd. $NCLH Shares Acquired by Bogart Wealth LLC

Bogart Wealth LLC raised its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHFree Report) by 79.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,000 shares of the company’s stock after acquiring an additional 1,776 shares during the quarter. Bogart Wealth LLC’s holdings in Norwegian Cruise Line were worth $81,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Sentry Investment Management LLC acquired a new position in shares of Norwegian Cruise Line during the second quarter valued at approximately $31,000. International Assets Investment Management LLC raised its holdings in shares of Norwegian Cruise Line by 45.2% during the second quarter. International Assets Investment Management LLC now owns 91,226 shares of the company’s stock valued at $1,850,000 after acquiring an additional 28,418 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Norwegian Cruise Line during the second quarter valued at approximately $805,000. Signature Estate & Investment Advisors LLC raised its holdings in shares of Norwegian Cruise Line by 14.3% during the second quarter. Signature Estate & Investment Advisors LLC now owns 20,407 shares of the company’s stock valued at $414,000 after acquiring an additional 2,555 shares during the last quarter. Finally, Chevy Chase Trust Holdings LLC raised its holdings in shares of Norwegian Cruise Line by 2.3% during the second quarter. Chevy Chase Trust Holdings LLC now owns 236,102 shares of the company’s stock valued at $4,788,000 after acquiring an additional 5,397 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Stifel Nicolaus increased their target price on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, September 11th. Weiss Ratings restated a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Wednesday, October 8th. Bank of America upped their price target on Norwegian Cruise Line from $20.00 to $27.00 and gave the company a “neutral” rating in a research report on Wednesday, July 23rd. TD Cowen initiated coverage on Norwegian Cruise Line in a research report on Tuesday, July 22nd. They issued a “buy” rating and a $31.00 price target for the company. Finally, Truist Financial upped their price target on Norwegian Cruise Line from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Friday, September 19th. Three research 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 data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.80.

Get Our Latest Stock Analysis on Norwegian Cruise Line

Norwegian Cruise Line Trading Up 3.1%

Shares of Norwegian Cruise Line stock opened at $23.97 on Wednesday. The firm has a market capitalization of $10.83 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 1.01 and a beta of 2.21. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18. The stock has a 50 day moving average of $24.64 and a 200 day moving average of $21.40.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.01). The business 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 company’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company 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, research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

About Norwegian Cruise Line

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Norwegian Cruise Line (NYSE:NCLH)

Receive News & Ratings for Norwegian Cruise Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line and related companies with MarketBeat.com's FREE daily email newsletter.