Northern Right Capital Management L.P. Takes $19.48 Million Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Northern Right Capital Management L.P. bought a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 790,760 shares of the company’s stock, valued at approximately $19,476,000. Norwegian Cruise Line accounts for about 6.0% of Northern Right Capital Management L.P.’s holdings, making the stock its 8th largest position. Northern Right Capital Management L.P. owned about 0.17% of Norwegian Cruise Line at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chapin Davis Inc. acquired a new stake in shares of Norwegian Cruise Line in the third quarter valued at $3,604,000. Citigroup Inc. grew its stake in Norwegian Cruise Line by 341.3% during the 3rd quarter. Citigroup Inc. now owns 2,119,090 shares of the company’s stock worth $52,193,000 after purchasing an additional 1,638,889 shares in the last quarter. New York State Common Retirement Fund increased its holdings in Norwegian Cruise Line by 23.3% during the 3rd quarter. New York State Common Retirement Fund now owns 593,189 shares of the company’s stock worth $14,610,000 after purchasing an additional 111,982 shares during the period. WINTON GROUP Ltd raised its position in Norwegian Cruise Line by 1,411.6% in the 3rd quarter. WINTON GROUP Ltd now owns 363,090 shares of the company’s stock valued at $8,943,000 after purchasing an additional 339,070 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in Norwegian Cruise Line by 27.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 457,169 shares of the company’s stock valued at $11,059,000 after purchasing an additional 97,275 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analyst Ratings Changes

NCLH has been the subject of a number of analyst reports. Wolfe Research reissued an “outperform” rating and set a $25.00 price objective on shares of Norwegian Cruise Line in a research report on Tuesday, March 3rd. Citigroup raised their target price on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Mizuho decreased their price target on shares of Norwegian Cruise Line from $32.00 to $28.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Wells Fargo & Company lowered their price target on shares of Norwegian Cruise Line from $33.00 to $32.00 and set an “overweight” rating for the company in a report on Tuesday, March 3rd. Finally, TD Cowen restated a “buy” rating on shares of Norwegian Cruise Line in a report on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $25.55.

Norwegian Cruise Line Stock Up 5.2%

Norwegian Cruise Line stock opened at $19.85 on Tuesday. The company has a 50-day simple moving average of $22.35 and a 200-day simple moving average of $22.27. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $27.18. The firm has a market capitalization of $9.04 billion, a P/E ratio of 22.82, a P/E/G ratio of 0.51 and a beta of 1.99. The company has a debt-to-equity ratio of 6.21, a quick ratio of 0.18 and a current ratio of 0.21.

Norwegian Cruise Line (NYSE:NCLH) last released its earnings results on Monday, March 2nd. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. Norwegian Cruise Line had a net margin of 4.31% and a return on equity of 50.05%. The firm had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter last year, the company earned $0.26 EPS. Norwegian Cruise Line’s quarterly revenue was up 6.4% on a year-over-year basis. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. As a group, equities analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Norwegian Cruise Line Company 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.