MKP Capital Management L.L.C. Invests $44.64 Million in Norwegian Cruise Line Holdings Ltd. $NCLH

MKP Capital Management L.L.C. bought a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 2,000,000 shares of the company’s stock, valued at approximately $44,640,000. Norwegian Cruise Line comprises about 1.6% of MKP Capital Management L.L.C.’s investment portfolio, making the stock its 9th biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. MUFG Securities EMEA plc purchased a new stake in shares of Norwegian Cruise Line during the second quarter worth about $26,000. Clearstead Advisors LLC increased its position in shares of Norwegian Cruise Line by 130.2% during the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after acquiring an additional 909 shares during the last quarter. Aventura Private Wealth LLC purchased a new stake in shares of Norwegian Cruise Line during the fourth quarter worth about $42,000. Thompson Investment Management Inc. purchased a new stake in shares of Norwegian Cruise Line during the fourth quarter worth about $44,000. Finally, Westside Investment Management Inc. increased its position in shares of Norwegian Cruise Line by 81.9% during the third quarter. Westside Investment Management Inc. now owns 2,004 shares of the company’s stock worth $49,000 after acquiring an additional 902 shares during the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock opened at $18.08 on Tuesday. 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 business has a 50 day moving average of $18.28 and a two-hundred day moving average of $20.28. 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 market cap of $8.30 billion, a P/E ratio of 15.19, a PEG ratio of 1.16 and a beta of 1.89.

Norwegian Cruise Line (NYSE:NCLH) last issued its earnings results on Monday, May 4th. The company reported $0.23 EPS for the quarter, beating 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 the consensus estimate of $2.36 billion. During the same period in the previous year, the firm posted $0.07 earnings per share. Norwegian Cruise Line’s quarterly revenue was up 9.6% compared to the same quarter last year. 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. As a group, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Insider Buying and Selling at Norwegian Cruise Line

In related news, Director Jonathan Z. Cohen bought 30,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was bought at an average cost of $15.83 per share, for a total transaction of $474,900.00. Following the completion of the purchase, the director directly owned 38,912 shares in the company, valued at approximately $615,976.96. The trade was a 336.62% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Zillah Byng-Thorne bought 25,015 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was bought at an average price of $17.67 per share, with a total value of $442,015.05. Following the completion of the purchase, the director owned 99,811 shares of the company’s stock, valued at $1,763,660.37. This trade represents a 33.44% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 212,467 shares of company stock worth $3,500,904 over the last ninety days. Company insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Stifel Nicolaus dropped their target price on Norwegian Cruise Line from $28.00 to $27.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. The Goldman Sachs Group set a $14.00 price target on Norwegian Cruise Line in a research note on Tuesday, May 5th. TD Cowen decreased their price target on Norwegian Cruise Line from $27.00 to $22.00 and set a “buy” rating for the company in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft set a $18.00 price target on Norwegian Cruise Line in a research note on Tuesday, May 5th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $25.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $21.11.

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.