New England Research & Management Inc. Acquires Shares of 35,850 Norwegian Cruise Line Holdings Ltd. $NCLH

New England Research & Management Inc. bought a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 35,850 shares of the company’s stock, valued at approximately $883,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NCLH. Nilsine Partners LLC acquired a new stake in Norwegian Cruise Line during the 3rd quarter valued at approximately $212,000. GAMMA Investing LLC boosted its stake in shares of Norwegian Cruise Line by 17.4% during the 3rd quarter. GAMMA Investing LLC now owns 23,184 shares of the company’s stock valued at $571,000 after buying an additional 3,431 shares during the last quarter. Valeo Financial Advisors LLC acquired a new stake in shares of Norwegian Cruise Line during the second quarter worth approximately $3,130,000. Osaic Holdings Inc. increased its stake in shares of Norwegian Cruise Line by 9.6% in the second quarter. Osaic Holdings Inc. now owns 90,786 shares of the company’s stock worth $1,840,000 after buying an additional 7,930 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in shares of Norwegian Cruise Line by 87.7% in the second quarter. Thrivent Financial for Lutherans now owns 32,340 shares of the company’s stock worth $656,000 after buying an additional 15,106 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on NCLH. Zacks Research downgraded shares of Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Tigress Financial boosted their price objective on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a report on Wednesday, August 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Norwegian Cruise Line in a report on Wednesday, October 8th. UBS Group boosted their price target on Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, August 26th. Finally, Barclays reduced their price objective on Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.63.

Norwegian Cruise Line Price Performance

Shares of NCLH opened at $21.66 on Tuesday. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. 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 stock has a fifty day moving average price of $20.49 and a 200 day moving average price of $22.11. The company has a market cap of $9.86 billion, a P/E ratio of 15.93, a PEG ratio of 0.67 and a beta of 2.11.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. The company had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $3.03 billion. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. 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. On average, research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Insider Transactions at Norwegian Cruise Line

In other news, Director Zillah Byng-Thorne purchased 29,008 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were bought at an average price of $18.11 per share, for a total transaction of $525,334.88. Following the completion of the purchase, the director owned 66,017 shares of the company’s stock, valued at $1,195,567.87. This trade represents a 78.38% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Harry Sommer acquired 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average cost of $18.52 per share, with a total value of $463,000.00. Following the completion of the acquisition, the chief executive officer directly owned 720,728 shares in the company, valued at approximately $13,347,882.56. This represents a 3.59% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 90,029 shares of company stock worth $1,663,575 in the last quarter. 0.41% of the stock is currently owned by corporate insiders.

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.