Voya Investment Management LLC Sells 147,107 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Voya Investment Management LLC reduced its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 58.3% in the third quarter, HoldingsChannel.com reports. The fund owned 105,154 shares of the company’s stock after selling 147,107 shares during the quarter. Voya Investment Management LLC’s holdings in Norwegian Cruise Line were worth $2,590,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Kestra Advisory Services LLC boosted its position in shares of Norwegian Cruise Line by 17.9% during the 1st quarter. Kestra Advisory Services LLC now owns 47,614 shares of the company’s stock valued at $903,000 after purchasing an additional 7,226 shares in the last quarter. MetLife Investment Management LLC grew its stake in shares of Norwegian Cruise Line by 77.7% in the 1st quarter. MetLife Investment Management LLC now owns 241,061 shares of the company’s stock valued at $4,571,000 after buying an additional 105,370 shares during the period. State of Wyoming grew its stake in shares of Norwegian Cruise Line by 105.4% in the 1st quarter. State of Wyoming now owns 15,377 shares of the company’s stock valued at $292,000 after buying an additional 7,892 shares during the period. Canada Pension Plan Investment Board increased its position in Norwegian Cruise Line by 1,665.6% in the 1st quarter. Canada Pension Plan Investment Board now owns 656,800 shares of the company’s stock valued at $12,453,000 after buying an additional 619,600 shares in the last quarter. Finally, Driehaus Capital Management LLC raised its stake in Norwegian Cruise Line by 28.5% during the 1st quarter. Driehaus Capital Management LLC now owns 982,792 shares of the company’s stock worth $18,634,000 after buying an additional 218,056 shares during the period. 69.58% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Zillah Byng-Thorne bought 29,008 shares of the stock in a transaction on Thursday, November 6th. The shares were purchased at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the completion of the purchase, the director directly owned 66,017 shares in the company, valued at $1,195,567.87. This represents a 78.38% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Stella David purchased 6,986 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were purchased at an average cost of $18.59 per share, for a total transaction of $129,869.74. Following the transaction, the director directly owned 103,474 shares in the company, valued at approximately $1,923,581.66. The trade was a 7.24% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders bought 90,029 shares of company stock valued at $1,663,575. Company insiders own 0.41% of the company’s stock.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock opened at $22.83 on Friday. The company has a debt-to-equity ratio of 6.22, a quick ratio of 0.17 and a current ratio of 0.19. The firm has a market cap of $10.39 billion, a price-to-earnings ratio of 16.78, a P/E/G ratio of 0.72 and a beta of 2.11. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. The firm’s 50-day simple moving average is $20.39 and its two-hundred day simple moving average is $22.33.

Norwegian Cruise Line (NYSE:NCLH) last released its earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $3.03 billion. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. 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 forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NCLH. JPMorgan Chase & Co. reduced their price objective on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Morgan Stanley reduced their price target on shares of Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Monday, November 10th. Mizuho upped their price target on Norwegian Cruise Line from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Zacks Research lowered Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Stifel Nicolaus lifted their price objective on shares of Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, September 11th. Two research 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 company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.37.

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.