Norwegian Cruise Line Holdings Ltd. $NCLH Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP grew its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 34.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 168,286 shares of the company’s stock after purchasing an additional 42,995 shares during the quarter. Quantbot Technologies LP’s holdings in Norwegian Cruise Line were worth $3,413,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Sentry Investment Management LLC bought a new position in Norwegian Cruise Line during the 2nd quarter worth $31,000. New Age Alpha Advisors LLC bought a new stake in Norwegian Cruise Line in the first quarter valued at $33,000. Laurel Wealth Advisors LLC boosted its holdings in shares of Norwegian Cruise Line by 1,928.0% during the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after acquiring an additional 1,928 shares during the period. Hantz Financial Services Inc. grew its position in shares of Norwegian Cruise Line by 133.3% during 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 during the last quarter. Finally, Parallel Advisors LLC grew its position in shares of Norwegian Cruise Line by 43.6% during the second quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock worth $58,000 after acquiring an additional 874 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

NCLH has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their target price on shares of Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Wells Fargo & Company decreased their price objective on Norwegian Cruise Line from $30.00 to $29.00 and set an “overweight” rating for the company in a report on Monday. Susquehanna lowered their target price on Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 12th. Truist Financial reduced their price target on Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Barclays decreased their price target on Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of “Moderate Buy” and a consensus price target of $28.05.

Norwegian Cruise Line Stock Performance

NCLH opened at $18.79 on Friday. The business has a 50 day moving average price of $21.14 and a two-hundred day moving average price of $21.94. The company has a debt-to-equity ratio of 6.22, a current ratio of 0.19 and a quick ratio of 0.17. The company has a market capitalization of $8.55 billion, a price-to-earnings ratio of 13.81, a price-to-earnings-growth ratio of 0.60 and a beta of 2.11. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 55.51% and a net margin of 6.85%.The company had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. Research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Insider Buying and Selling

In other Norwegian Cruise Line news, Director Harry C. Curtis acquired 5,000 shares of Norwegian Cruise Line stock in a transaction dated Friday, November 7th. The stock was bought at an average price of $19.25 per share, for a total transaction of $96,250.00. Following the transaction, the director owned 50,325 shares in the company, valued at approximately $968,756.25. This trade represents a 11.03% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Zillah Byng-Thorne acquired 29,008 shares of the stock in a transaction dated Thursday, November 6th. The stock was acquired at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the purchase, the director directly owned 66,017 shares in the company, valued at approximately $1,195,567.87. The trade was a 78.38% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 90,029 shares of company stock worth $1,663,575 in the last ninety days. Insiders own 0.41% of the company’s stock.

About Norwegian Cruise Line

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.