Nicholas Investment Partners LP Has $10.22 Million Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Nicholas Investment Partners LP trimmed its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 457,913 shares of the company’s stock after selling 26,337 shares during the quarter. Nicholas Investment Partners LP owned approximately 0.10% of Norwegian Cruise Line worth $10,221,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in NCLH. Integrated Wealth Concepts LLC increased its position in Norwegian Cruise Line by 26.7% during the 1st 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Norwegian Cruise Line by 4.3% during the 1st 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 in the last quarter. Woodline Partners LP increased its position in Norwegian Cruise Line by 40.7% during the 1st quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock worth $704,000 after purchasing an additional 10,743 shares in the last quarter. Jump Financial LLC increased its position in Norwegian Cruise Line by 133.0% during the 2nd quarter. Jump Financial LLC now owns 38,904 shares of the company’s stock worth $789,000 after purchasing an additional 22,204 shares in the last quarter. Finally, California Public Employees Retirement System increased its position in Norwegian Cruise Line by 5.1% during the 2nd quarter. California Public Employees Retirement System now owns 766,825 shares of the company’s stock worth $15,551,000 after purchasing an additional 37,071 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on NCLH. TD Cowen lowered their price objective on shares of Norwegian Cruise Line from $27.00 to $22.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Mizuho lowered their price objective on shares of Norwegian Cruise Line from $27.00 to $24.00 and set an “outperform” rating for the company in a research report on Tuesday, May 5th. JPMorgan Chase & Co. decreased their price target on shares of Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Northcoast Research cut shares of Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 6th. Finally, Barclays decreased their price target on shares of Norwegian Cruise Line from $21.00 to $19.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $20.95.

Insider Activity at Norwegian Cruise Line

In related news, Director Stephen G. Pagliuca bought 695,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were acquired at an average cost of $18.16 per share, with a total value of $12,621,200.00. Following the completion of the purchase, the director directly owned 703,912 shares in the company, valued at $12,783,041.92. The trade was a 7,798.47% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan Z. Cohen bought 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were 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 owned 38,912 shares of the company’s stock, valued at $615,976.96. This represents a 336.62% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired 1,592,467 shares of company stock valued at $28,493,204 in the last ninety days. Insiders own 0.41% of the company’s stock.

Norwegian Cruise Line Trading Up 2.1%

NCLH opened at $19.46 on Friday. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.53 and a twelve month 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 company has a fifty day moving average of $18.19 and a 200-day moving average of $20.30. The stock has a market cap of $8.93 billion, a PE ratio of 16.35, a price-to-earnings-growth ratio of 1.23 and a beta of 1.89.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.08. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the prior year, the company posted $0.07 earnings per share. Norwegian Cruise Line’s revenue for the quarter 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. On average, sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Norwegian Cruise Line 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.