Savoir Faire Capital Management L.P. Purchases New Shares in Norwegian Cruise Line Holdings Ltd. $NCLH

Savoir Faire Capital Management L.P. bought a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 100,000 shares of the company’s stock, valued at approximately $2,463,000.

A number of other institutional investors have also recently made changes to their positions in the stock. MUFG Securities EMEA plc bought a new position in shares of Norwegian Cruise Line during the 2nd quarter valued at approximately $26,000. Sentry Investment Management LLC bought a new position in shares of Norwegian Cruise Line in the 2nd quarter valued at about $31,000. Laurel Wealth Advisors LLC lifted its position in Norwegian Cruise Line by 1,928.0% in the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock worth $41,000 after buying an additional 1,928 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in 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 buying an additional 1,305 shares during the period. Finally, Quent Capital LLC purchased a new stake in Norwegian Cruise Line in the 3rd quarter worth about $55,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on NCLH shares. Wells Fargo & Company upped their target price on shares of Norwegian Cruise Line from $29.00 to $33.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Jefferies Financial Group lowered Norwegian Cruise Line from a “buy” rating to a “hold” rating and reduced their price target for the stock from $26.00 to $20.00 in a research report on Monday, December 15th. JPMorgan Chase & Co. dropped their target price on Norwegian Cruise Line from $40.00 to $28.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Barclays dropped their target price on shares of Norwegian Cruise Line from $28.00 to $23.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and a consensus target price of $27.05.

Insider Transactions at Norwegian Cruise Line

In related news, Director Zillah Byng-Thorne acquired 29,008 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average price of $18.11 per share, for a total transaction of $525,334.88. Following the transaction, the director owned 66,017 shares in the company, valued at $1,195,567.87. This trade represents a 78.38% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jason Montague purchased 13,400 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was acquired at an average price of $18.81 per share, with a total value of $252,054.00. Following the completion of the acquisition, the insider directly owned 13,400 shares in the company, valued at $252,054. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 90,029 shares of company stock valued at $1,663,575 over the last 90 days. Insiders own 0.41% of the company’s stock.

Norwegian Cruise Line Stock Up 0.5%

Shares of NYSE NCLH opened at $20.92 on Monday. The company has a current ratio of 0.19, a quick ratio of 0.17 and a debt-to-equity ratio of 6.22. 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 $9.52 billion, a P/E ratio of 15.38, a PEG ratio of 0.52 and a beta of 2.07. The business’s fifty day simple moving average is $21.02 and its 200-day simple moving average is $22.74.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, beating the consensus estimate 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 for 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. As a group, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal 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.