Royal Bank of Canada Lowers Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Royal Bank of Canada reduced its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 56.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 440,829 shares of the company’s stock after selling 575,889 shares during the period. Royal Bank of Canada owned 0.10% of Norwegian Cruise Line worth $8,244,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of NCLH. 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 purchasing an additional 428 shares during the period. Oregon Public Employees Retirement Fund increased its holdings in Norwegian Cruise Line by 1.0% during the 4th 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 increased its holdings in Norwegian Cruise Line by 2.5% during the 4th 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. Prospera Financial Services Inc raised its position in Norwegian Cruise Line by 1.8% during the 4th quarter. Prospera Financial Services Inc now owns 28,603 shares of the company’s stock valued at $638,000 after purchasing an additional 502 shares in the last quarter. Finally, IFP Advisors Inc raised its position in Norwegian Cruise Line by 14.4% during the 4th quarter. IFP Advisors Inc now owns 4,217 shares of the company’s stock valued at $94,000 after purchasing an additional 530 shares in the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Down 3.7%

NYSE:NCLH opened at $18.53 on Tuesday. The company’s 50-day simple moving average is $19.67 and its 200-day simple moving average is $19.85. The company has a debt-to-equity ratio of 5.40, a quick ratio of 0.17 and a current ratio of 0.20. 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 has a market capitalization of $8.51 billion, a P/E ratio of 11.58, a P/E/G ratio of 1.20 and a beta of 1.90.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.41 by $0.07. The firm had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.65 billion. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. Norwegian Cruise Line’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.51 EPS. 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, equities analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.44 earnings per share for the current fiscal year.

Insider Activity

In other Norwegian Cruise Line news, Director Jonathan Z. Cohen bought 30,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average cost of $15.83 per share, with a total value of $474,900.00. Following the transaction, the director directly owned 38,912 shares of the company’s stock, valued at approximately $615,976.96. This represents a 336.62% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephen G. Pagliuca bought 685,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Tuesday, June 2nd. The shares were acquired at an average cost of $18.06 per share, for a total transaction of $12,371,100.00. Following the completion of the transaction, the director directly owned 1,388,912 shares in the company, valued at $25,083,750.72. This represents 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 quarter, insiders acquired 1,563,000 shares of company stock worth $27,971,810. Insiders own 0.25% of the company’s stock.

Wall Street Analysts Forecast Growth

NCLH has been the topic of a number of recent research reports. Citigroup dropped their price target on Norwegian Cruise Line from $25.00 to $22.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Wells Fargo & Company lowered their price objective on shares of Norwegian Cruise Line from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft set a $17.00 target price on shares of Norwegian Cruise Line in a report on Friday, July 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Monday, August 3rd. Finally, TD Cowen boosted their price target on shares of Norwegian Cruise Line from $22.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of “Hold” and a consensus price target of $21.15.

Norwegian Cruise Line 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.