New York State Teachers Retirement System Lowers Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

New York State Teachers Retirement System cut its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 7.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 335,551 shares of the company’s stock after selling 27,104 shares during the quarter. New York State Teachers Retirement System owned about 0.07% of Norwegian Cruise Line worth $8,265,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. MUFG Securities EMEA plc purchased a new stake in Norwegian Cruise Line during the 2nd quarter valued at approximately $26,000. Sentry Investment Management LLC acquired a new stake in shares of Norwegian Cruise Line during the second quarter worth $31,000. Laurel Wealth Advisors LLC grew its position in Norwegian Cruise Line by 1,928.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after buying an additional 1,928 shares during the last quarter. Hantz Financial Services Inc. increased its stake in Norwegian Cruise Line by 133.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after buying an additional 1,305 shares during the period. Finally, Parallel Advisors LLC raised its position in Norwegian Cruise Line by 43.6% during the 2nd quarter. Parallel Advisors LLC now owns 2,877 shares of the company’s stock worth $58,000 after buying an additional 874 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Down 1.0%

Shares of NCLH stock opened at $22.86 on Friday. The stock has a market cap of $10.41 billion, a P/E ratio of 16.81, a P/E/G ratio of 0.57 and a beta of 2.07. The company has a quick ratio of 0.17, a current ratio of 0.19 and a debt-to-equity ratio of 6.22. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The business has a fifty day simple moving average of $20.74 and a 200-day simple moving average of $22.74.

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

Analyst Upgrades and Downgrades

NCLH has been the topic of a number of recent analyst reports. Bank of America boosted their price target on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “neutral” rating in a research note on Monday. Barclays cut their target price on Norwegian Cruise Line from $28.00 to $23.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. Cowen restated a “buy” rating on shares of Norwegian Cruise Line in a research note on Tuesday. Citigroup increased their price objective on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $27.68.

Insiders Place Their Bets

In other Norwegian Cruise Line news, Director Stella David purchased 6,986 shares of the stock in a transaction dated Thursday, November 6th. The shares were acquired at an average cost of $18.59 per share, for a total transaction of $129,869.74. Following the completion of the transaction, the director directly owned 103,474 shares of the company’s stock, valued at $1,923,581.66. This trade represents a 7.24% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Jason Montague acquired 13,400 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The shares were bought at an average price of $18.81 per share, with a total value of $252,054.00. Following the completion of the transaction, the insider directly owned 13,400 shares in the company, valued at approximately $252,054. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders acquired 90,029 shares of company stock valued at $1,663,575. Corporate insiders own 0.41% of the company’s stock.

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.