Lbp Am Sa Lowers Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Lbp Am Sa lessened its holdings in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 17.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 375,130 shares of the company’s stock after selling 77,787 shares during the period. Lbp Am Sa owned 0.08% of Norwegian Cruise Line worth $9,239,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of NCLH. Chapin Davis Inc. bought a new position in Norwegian Cruise Line in the 3rd quarter worth approximately $3,604,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of Norwegian Cruise Line by 27.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 457,169 shares of the company’s stock worth $11,059,000 after buying an additional 97,275 shares in the last quarter. Goldentree Asset Management LP lifted its holdings in shares of Norwegian Cruise Line by 23.9% in the second quarter. Goldentree Asset Management LP now owns 3,997,792 shares of the company’s stock worth $80,908,000 after buying an additional 771,955 shares in the last quarter. Hussman Strategic Advisors Inc. bought a new position in shares of Norwegian Cruise Line during the second quarter worth $3,407,000. Finally, Blair William & Co. IL purchased a new position in Norwegian Cruise Line during the second quarter valued at $3,316,000. 69.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the stock. 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, January 12th. UBS Group reissued a “neutral” rating on shares of Norwegian Cruise Line in a research note on Wednesday, January 21st. JPMorgan Chase & Co. reduced their price objective on Norwegian Cruise Line from $40.00 to $28.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. TD Cowen reaffirmed a “buy” rating on shares of Norwegian Cruise Line in a report on Tuesday, January 13th. Finally, The Goldman Sachs Group lowered shares of Norwegian Cruise Line from a “buy” rating to a “neutral” rating and cut their target price for the company from $23.00 to $21.00 in a report on Tuesday, December 9th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and an average price target of $27.05.

Insiders Place Their Bets

In other Norwegian Cruise Line news, Director Zillah Byng-Thorne purchased 29,008 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average cost of $18.11 per share, with a total value of $525,334.88. Following the purchase, the director owned 66,017 shares of the company’s stock, valued at approximately $1,195,567.87. The trade was a 78.38% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jason Montague acquired 13,400 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was acquired at an average cost of $18.81 per share, for a total transaction of $252,054.00. Following the transaction, the insider directly owned 13,400 shares in the company, valued at $252,054. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased 90,029 shares of company stock valued at $1,663,575 over the last quarter. Corporate insiders own 0.41% of the company’s stock.

Norwegian Cruise Line Stock Performance

NYSE NCLH opened at $20.81 on Tuesday. The business’s 50 day moving average price is $21.09 and its 200-day moving average price is $22.73. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a market cap of $9.47 billion, a P/E ratio of 15.30, a P/E/G ratio of 0.52 and a beta of 2.07. The company has a debt-to-equity ratio of 6.22, a quick ratio of 0.17 and a current ratio of 0.19.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.17 by $0.03. The company had revenue of $2.94 billion during the quarter, compared to analyst estimates 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. Sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share 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.