Norwegian Cruise Line Holdings Ltd. $NCLH Shares Acquired by III Capital Management

III Capital Management grew its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 88.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 138,734 shares of the company’s stock after acquiring an additional 65,000 shares during the quarter. Norwegian Cruise Line comprises about 0.5% of III Capital Management’s holdings, making the stock its 24th largest position. III Capital Management’s holdings in Norwegian Cruise Line were worth $3,097,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. boosted its holdings in shares of Norwegian Cruise Line by 2.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 18,110 shares of the company’s stock valued at $404,000 after acquiring an additional 428 shares during the period. Retirement Systems of Alabama lifted its holdings in shares of Norwegian Cruise Line by 0.5% during the fourth quarter. Retirement Systems of Alabama now owns 96,848 shares of the company’s stock worth $2,162,000 after purchasing an additional 443 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in shares of Norwegian Cruise Line by 1.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 52,142 shares of the company’s stock worth $1,164,000 after purchasing an additional 500 shares during the period. New Mexico Educational Retirement Board lifted its holdings in shares of Norwegian Cruise Line by 2.5% during the fourth quarter. New Mexico Educational Retirement Board now owns 20,700 shares of the company’s stock worth $462,000 after purchasing an additional 500 shares during the period. Finally, Prospera Financial Services Inc lifted its holdings in shares of Norwegian Cruise Line by 1.8% during the fourth quarter. Prospera Financial Services Inc now owns 28,603 shares of the company’s stock worth $638,000 after purchasing an additional 502 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Norwegian Cruise Line

In other news, Director Zillah Byng-Thorne purchased 25,015 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was acquired at an average price of $17.67 per share, for a total transaction of $442,015.05. Following the completion of the transaction, the director directly owned 99,811 shares in the company, valued at $1,763,660.37. This represents a 33.44% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Stephen G. Pagliuca purchased 695,000 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was purchased at an average price of $18.16 per share, with a total value of $12,621,200.00. Following the transaction, the director owned 703,912 shares of the company’s stock, valued at approximately $12,783,041.92. This represents a 7,798.47% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 1,592,467 shares of company stock worth $28,493,204. Corporate insiders own 0.25% of the company’s stock.

Wall Street Analyst Weigh In

NCLH has been the subject of several recent research reports. TD Cowen decreased their price target on Norwegian Cruise Line from $27.00 to $22.00 and set a “buy” rating for the company in a report on Friday, May 15th. The Goldman Sachs Group set a $14.00 price target on Norwegian Cruise Line in a report on Tuesday, May 5th. Tigress Financial decreased their price target on Norwegian Cruise Line from $38.00 to $32.00 and set a “strong-buy” rating for the company in a report on Friday, April 17th. Weiss Ratings raised Norwegian Cruise Line from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Finally, Truist Financial decreased their price target on Norwegian Cruise Line from $25.00 to $20.00 and set a “buy” rating for the company in a report on Friday, May 22nd. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and a consensus price target of $21.16.

Norwegian Cruise Line Trading Down 2.4%

NYSE:NCLH opened at $19.85 on Thursday. The stock has a fifty day moving average price of $18.25 and a two-hundred day moving average price of $20.36. The stock has a market capitalization of $9.11 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 1.29 and a beta of 1.89. The company has a debt-to-equity ratio of 5.75, a quick ratio of 0.18 and a current ratio of 0.21. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.53 and a 1 year high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.08. The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.Norwegian Cruise Line’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.07 earnings per share. 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. As a group, sell-side analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Norwegian Cruise Line Company 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.