Strs Ohio Acquires 6,307 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Strs Ohio increased its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 13.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,534 shares of the company’s stock after acquiring an additional 6,307 shares during the quarter. Strs Ohio’s holdings in Norwegian Cruise Line were worth $1,086,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of NCLH. Sentry Investment Management LLC bought a new stake in Norwegian Cruise Line in the second quarter valued at $31,000. New Age Alpha Advisors LLC bought a new stake in Norwegian Cruise Line in the 1st quarter valued at about $33,000. Bogart Wealth LLC raised its stake in Norwegian Cruise Line by 1,012.0% during the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock worth $42,000 after buying an additional 2,024 shares during the period. Hantz Financial Services Inc. boosted its holdings in Norwegian Cruise Line by 133.3% in the second quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock worth $46,000 after acquiring an additional 1,305 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in Norwegian Cruise Line by 43.6% in the second quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock valued at $58,000 after acquiring an additional 874 shares during the period. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Trading Down 2.0%

Shares of NCLH opened at $18.23 on Friday. The firm has a market cap of $8.24 billion, a P/E ratio of 12.57, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. 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 business has a 50-day moving average of $23.97 and a 200 day moving average of $21.84. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The business had revenue of $2.94 billion during the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. As a group, research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Insider Buying and Selling at Norwegian Cruise Line

In related news, insider Jason Montague acquired 13,400 shares of the stock in a transaction dated Thursday, November 6th. The shares were purchased at an average price of $18.81 per share, for a total transaction of $252,054.00. Following the transaction, the insider owned 13,400 shares in the company, valued at $252,054. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Harry Sommer bought 25,000 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average price of $18.52 per share, with a total value of $463,000.00. Following the completion of the transaction, the chief executive officer directly owned 720,728 shares of the company’s stock, valued at $13,347,882.56. This represents a 3.59% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 49,035 shares of company stock worth $912,121 over the last three months. 0.41% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on NCLH shares. Mizuho increased their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. JPMorgan Chase & Co. reduced their price objective on shares of Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a report on Wednesday. UBS Group upped their target price on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a “neutral” rating in a report on Tuesday, August 26th. TD Cowen initiated coverage on Norwegian Cruise Line in a research note on Tuesday, July 22nd. They set a “buy” rating and a $31.00 price target for the company. Finally, Susquehanna increased their price objective on Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $28.74.

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.