VIRGINIA RETIREMENT SYSTEMS ET Al Boosts Stock Position in Norwegian Cruise Line Holdings Ltd. $NCLH

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 69.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 67,070 shares of the company’s stock after purchasing an additional 27,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Norwegian Cruise Line were worth $1,652,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of NCLH. MUFG Securities EMEA plc bought a new position in shares of Norwegian Cruise Line during the 2nd quarter worth approximately $26,000. Sentry Investment Management LLC purchased a new position in Norwegian Cruise Line in the second quarter worth $31,000. Laurel Wealth Advisors LLC increased its position 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 worth $41,000 after purchasing an additional 1,928 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Norwegian Cruise Line by 133.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after purchasing an additional 1,305 shares during the last quarter. Finally, Parallel Advisors LLC lifted its holdings in shares of Norwegian Cruise Line by 43.6% during the 2nd quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock valued at $58,000 after purchasing an additional 874 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors.

Insider Activity at Norwegian Cruise Line

In related news, CFO Mark Kempa acquired 10,635 shares of Norwegian Cruise Line stock in a transaction on Thursday, November 6th. The stock was acquired at an average price of $18.53 per share, for a total transaction of $197,066.55. Following the purchase, the chief financial officer owned 369,352 shares of the company’s stock, valued at approximately $6,844,092.56. This represents a 2.96% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Stella David acquired 6,986 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average cost of $18.59 per share, with a total value of $129,869.74. Following the acquisition, the director owned 103,474 shares in the company, valued at approximately $1,923,581.66. This trade represents a 7.24% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 90,029 shares of company stock valued at $1,663,575 over the last ninety days. Corporate insiders own 0.41% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Jefferies Financial Group downgraded Norwegian Cruise Line from a “buy” rating to a “hold” rating and dropped their target price for the stock from $26.00 to $20.00 in a research note on Monday, December 15th. Barclays dropped their price target on Norwegian Cruise Line from $28.00 to $23.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 17th. Wells Fargo & Company decreased their price objective on shares of Norwegian Cruise Line from $30.00 to $29.00 and set an “overweight” rating for the company in a research report on Monday, December 1st. Mizuho lifted their target price on shares of Norwegian Cruise Line from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Finally, Morgan Stanley cut their price target on shares of Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, November 10th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line has an average rating of “Moderate Buy” and an average price target of $27.37.

Norwegian Cruise Line Trading Up 2.1%

Norwegian Cruise Line stock opened at $22.78 on Friday. The stock has a 50-day moving average price of $20.27 and a 200 day moving average price of $22.44. The company has a market capitalization of $10.37 billion, a price-to-earnings ratio of 16.75, a price-to-earnings-growth ratio of 0.55 and a beta of 2.07. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. The company has a quick ratio of 0.17, a current ratio of 0.19 and a debt-to-equity ratio of 6.22.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. The company had revenue of $2.94 billion during the quarter, compared to analyst estimates 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. Sell-side analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

About Norwegian Cruise Line

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.