Incline Global Management LLC Boosts Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Incline Global Management LLC increased its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 7.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 678,940 shares of the company’s stock after purchasing an additional 45,991 shares during the period. Norwegian Cruise Line makes up approximately 5.2% of Incline Global Management LLC’s portfolio, making the stock its 3rd biggest holding. Incline Global Management LLC’s holdings in Norwegian Cruise Line were worth $15,154,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NCLH. Integrated Wealth Concepts LLC increased its position in shares of Norwegian Cruise Line by 26.7% in the first quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company’s stock worth $439,000 after purchasing an additional 4,872 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Norwegian Cruise Line by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company’s stock worth $917,000 after purchasing an additional 2,002 shares during the last quarter. Woodline Partners LP boosted its stake in Norwegian Cruise Line by 40.7% in the first quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock worth $704,000 after buying an additional 10,743 shares in the last quarter. Jump Financial LLC boosted its stake in Norwegian Cruise Line by 133.0% in the second quarter. Jump Financial LLC now owns 38,904 shares of the company’s stock worth $789,000 after buying an additional 22,204 shares in the last quarter. Finally, California Public Employees Retirement System boosted its stake in Norwegian Cruise Line by 5.1% in the second quarter. California Public Employees Retirement System now owns 766,825 shares of the company’s stock worth $15,551,000 after buying an additional 37,071 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Norwegian Cruise Line news, Director Stephen G. Pagliuca purchased 685,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was bought at an average price of $18.06 per share, with a total value of $12,371,100.00. Following the completion of the purchase, the director directly owned 1,388,912 shares of the company’s stock, valued at $25,083,750.72. The trade was a 97.31% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Jonathan Z. Cohen purchased 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of $15.83 per share, with a total value of $474,900.00. Following the purchase, the director directly owned 38,912 shares of the company’s stock, valued at $615,976.96. This trade represents a 336.62% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders purchased 1,592,467 shares of company stock worth $28,493,204. Insiders own 0.25% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Zacks Research lowered Norwegian Cruise Line from a “hold” rating to a “strong sell” rating in a research note on Friday, May 8th. Tigress Financial cut their target price on Norwegian Cruise Line from $38.00 to $32.00 and set a “strong-buy” rating for the company in a research note on Friday, April 17th. Barclays cut their target price on Norwegian Cruise Line from $21.00 to $19.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 5th. Bank of America cut their target price on Norwegian Cruise Line from $30.00 to $27.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Finally, Loop Capital assumed coverage on Norwegian Cruise Line in a research note on Monday, June 1st. They issued a “buy” rating and a $22.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and an average price target of $21.16.

Norwegian Cruise Line Trading Down 2.4%

NYSE:NCLH opened at $19.85 on Thursday. The company has a fifty day moving average of $18.25 and a 200 day moving average of $20.36. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.53 and a 52 week high of $27.18. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 5.75. The firm has a market capitalization of $9.11 billion, a P/E ratio of 16.68, a P/E/G ratio of 1.29 and a beta of 1.89.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the firm posted $0.07 earnings per share. The firm’s revenue was up 9.6% on a year-over-year basis. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. On average, research analysts predict 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.