Concurrent Investment Advisors LLC Boosts Stock Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Concurrent Investment Advisors LLC grew its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 4.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,345 shares of the company’s stock after acquiring an additional 809 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Norwegian Cruise Line were worth $392,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of NCLH. Ariel Investments LLC grew its position in Norwegian Cruise Line by 126.8% in the first quarter. Ariel Investments LLC now owns 9,081,170 shares of the company’s stock worth $172,179,000 after acquiring an additional 5,077,531 shares during the period. 59 North Capital Management LP purchased a new stake in Norwegian Cruise Line in the first quarter valued at approximately $69,877,000. Invesco Ltd. lifted its stake in Norwegian Cruise Line by 22.7% during the first quarter. Invesco Ltd. now owns 11,477,606 shares of the company’s stock worth $217,615,000 after purchasing an additional 2,122,501 shares in the last quarter. Atreides Management LP purchased a new position in shares of Norwegian Cruise Line during the first quarter worth $30,781,000. Finally, Nuveen LLC acquired a new position in shares of Norwegian Cruise Line in the first quarter valued at approximately $18,427,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Citigroup boosted their price target 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. Stifel Nicolaus raised their price objective on Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, September 11th. Morgan Stanley boosted their target price on Norwegian Cruise Line from $24.00 to $26.00 and gave the company an “equal weight” rating in a report on Monday, August 4th. Jefferies Financial Group lifted their target price on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the company a “buy” rating in a report on Monday, July 7th. Finally, Truist Financial upped their price target on Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a “buy” rating in a research note 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 assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.80.

Norwegian Cruise Line Trading Up 0.4%

Shares of Norwegian Cruise Line stock opened at $22.94 on Friday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The stock has a market cap of $10.37 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 1.00 and a beta of 2.21. The company has a 50-day moving average of $24.65 and a two-hundred day moving average of $21.29. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The firm had revenue of $2.52 billion for 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 for the quarter was up 6.1% compared to the same quarter last year. During the same quarter 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. On average, research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Norwegian Cruise Line 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.