M.E. Allison & CO. Inc. Has $2.97 Million Position in Norwegian Cruise Line Holdings Ltd. $NCLH

M.E. Allison & CO. Inc. boosted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 28.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 140,510 shares of the company’s stock after purchasing an additional 30,900 shares during the period. Norwegian Cruise Line comprises approximately 1.7% of M.E. Allison & CO. Inc.’s holdings, making the stock its 12th largest position. M.E. Allison & CO. Inc.’s holdings in Norwegian Cruise Line were worth $2,966,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. SHP Wealth Management acquired a new stake in shares of Norwegian Cruise Line during the 4th quarter valued at $26,000. MUFG Securities EMEA plc purchased a new position in shares of Norwegian Cruise Line during the 2nd quarter valued at $26,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Norwegian Cruise Line in the fourth quarter worth $31,000. Clearstead Advisors LLC increased its stake in shares of Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after acquiring an additional 909 shares during the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Norwegian Cruise Line during the fourth quarter worth $45,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Insider Buying and Selling

In related news, Director Jonathan Z. Cohen bought 30,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average cost of $15.83 per share, for a total transaction of $474,900.00. Following the acquisition, the director owned 38,912 shares in the company, valued at $615,976.96. This trade represents a 336.62% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Stephen G. Pagliuca purchased 685,000 shares of the stock in a transaction on Tuesday, June 2nd. The shares were bought at an average price of $18.06 per share, for a total transaction of $12,371,100.00. Following the acquisition, the director owned 1,388,912 shares of the company’s stock, valued at approximately $25,083,750.72. The trade was a 97.31% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders purchased 1,563,000 shares of company stock worth $27,971,810. 0.25% of the stock is currently owned by insiders.

Norwegian Cruise Line Price Performance

NYSE NCLH opened at $20.37 on Thursday. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.53 and a fifty-two week high of $27.18. The stock’s 50-day moving average is $19.62 and its two-hundred day moving average is $19.90. The company has a debt-to-equity ratio of 5.40, a current ratio of 0.20 and a quick ratio of 0.17. The firm has a market cap of $9.35 billion, a P/E ratio of 12.73, a price-to-earnings-growth ratio of 1.23 and a beta of 1.90.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.07. The company had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.65 billion. Norwegian Cruise Line had a return on equity of 41.38% and a net margin of 7.49%.The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 earnings per share. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. On average, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NCLH has been the subject of a number of research reports. Citigroup reduced their price objective on Norwegian Cruise Line from $25.00 to $22.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Sanford C. Bernstein assumed coverage on Norwegian Cruise Line in a research report on Wednesday, June 3rd. They issued a “market perform” rating and a $18.00 target price on the stock. TD Cowen raised their price target on Norwegian Cruise Line from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. UBS Group reduced their price target on Norwegian Cruise Line from $22.00 to $17.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Finally, Morgan Stanley boosted their price target on Norwegian Cruise Line from $20.00 to $22.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and fifteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of “Hold” and a consensus price target of $21.15.

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.