K.J. Harrison & Partners Inc Buys New Shares in Norwegian Cruise Line Holdings Ltd. $NCLH

K.J. Harrison & Partners Inc purchased a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 50,000 shares of the company’s stock, valued at approximately $1,228,000.

Several other hedge funds have also recently made changes to their positions in the business. Ariel Investments LLC lifted its stake in shares of Norwegian Cruise Line by 36.2% in the 2nd quarter. Ariel Investments LLC now owns 12,369,377 shares of the company’s stock valued at $250,851,000 after purchasing an additional 3,288,207 shares during the period. Norges Bank acquired a new stake in Norwegian Cruise Line during the second quarter worth approximately $49,620,000. TimesSquare Capital Management LLC bought a new stake in Norwegian Cruise Line in the third quarter worth approximately $48,545,000. Marshall Wace LLP lifted its stake in Norwegian Cruise Line by 72.2% in the second quarter. Marshall Wace LLP now owns 4,398,316 shares of the company’s stock valued at $89,198,000 after buying an additional 1,844,433 shares during the period. Finally, Citigroup Inc. lifted its stake in Norwegian Cruise Line by 341.3% in the third quarter. Citigroup Inc. now owns 2,119,090 shares of the company’s stock valued at $52,193,000 after buying an additional 1,638,889 shares during the period. 69.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on NCLH. Truist Financial reduced their price objective on shares of Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating for the company in a research report on Tuesday, December 2nd. 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 stock from $23.00 to $21.00 in a research note on Tuesday, December 9th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $20.00 price target (down from $28.00) on shares of Norwegian Cruise Line in a report on Friday, February 13th. TD Cowen reiterated a “buy” rating on shares of Norwegian Cruise Line in a report on Tuesday, January 13th. Finally, Barclays cut shares of Norwegian Cruise Line from an “overweight” rating to an “equal weight” rating and set a $23.00 price objective on the stock. in a research report on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Norwegian Cruise Line has a consensus rating of “Hold” and a consensus price target of $26.32.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock opened at $23.82 on Thursday. The company has a current ratio of 0.19, a quick ratio of 0.17 and a debt-to-equity ratio of 6.22. The firm has a fifty day simple moving average of $22.77 and a two-hundred day simple moving average of $22.58. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $27.18. The firm has a market capitalization of $10.84 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 0.63 and a beta of 2.06.

Norwegian Cruise Line News Roundup

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: Oceania Cruises launched an Oceania Club Ambassador referral program that could boost bookings and guest acquisition at one of NCLH’s premium brands, supporting near-term demand. Oceania Cruises Introduces the Oceania Club Ambassador Program
• Positive Sentiment: NCLH announced orders that expand its newbuild pipeline to 17 ships, signaling management confidence in long-term demand and route capacity expansion (but also implying incremental capex/debt). Norwegian Cruise Line Holdings Orders New Ships for Every Line, Expanding Fleet to 17 Newbuilds
• Positive Sentiment: Activist Elliott’s stake and public push, plus the appointment of John W. Chidsey as CEO, create a potential catalyst for strategic/operational changes that could unlock value if executed well. Expect volatility while the board and new management articulate a plan. Elliott Pressure And New CEO Put Norwegian Cruise Line At Turning Point
• Positive Sentiment: Recent intraday/closing moves showed NCLH outperforming the market in the prior session, indicating short-term buying interest that can limit downside if upcoming results are solid. Norwegian Cruise Line (NCLH) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Analyst previews diving into Q4 metrics suggest rising occupancy, strong pricing and cost control, but emphasize mixed signals (e.g., ESP concerns). These previews raise the stakes for the upcoming earnings print without a clear directional implication. What Analyst Projections for Key Metrics Reveal About Norwegian Cruise Line (NCLH) Q4 Earnings
• Neutral Sentiment: Zacks’ earnings preview (“Buy now or wait?”) notes improving demand drivers but warns that a prior sharp rally and negative ESP could cap upside if results only meet expectations. NCLH to Report Q4 Earnings: Buy Now or Wait for Results?
• Neutral Sentiment: Brokerage consensus remains around a “moderate buy” average rating, reflecting differing analyst views that may temper large moves until guidance/earnings provide clarity. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Given Average Rating of “Moderate Buy” by Brokerages
• Negative Sentiment: Wells Fargo downgraded NCLH from “strong-buy” to “strong sell,” a sharp shift that can pressure the stock by prompting some funds to trim positions and by influencing investor sentiment. Wells Fargo Downgrade Coverage

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.